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ZAWYA: Iraq targets 7mln bpd oil output in 3 years

N. SaeedIraq aims to raise its crude oil production to 7 million barrels per day (bpd) within the next three years, Prime Minister Ali al-Zaidi has said.Speaking to Sky News, Al-Zaidi noted that Baghdad has already presented the production target to US energy companies as it seeks greater investmen…

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EconomyFutures
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ZAWYA: Kuwait’s Al-Na'ayem industrial city to be ready in 2032: report

N. SaeedKuwait’s Al-Na'ayem Industrial City project has reached 15 percent completion and is scheduled for handover in 2032, a local newspaper reported on Monday.Al-Seyassah quoted officials as saying that the establishment, operation, and maintenance of the infrastructure for Al-Na'ayem Industrial…

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ZAWYA: UAE Central Bank licenses Adyen for expanded operational capabilities

Dubai, United Arab Emirates: Adyen, the global financial technology platform of choice for leading businesses, today announced that it has obtained its Retail Payment Services Category II license from the Central Bank of the UAE (CBUAE). The reaching of this regulatory milestone represents the stra…

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EconomyStocksAE
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ZAWYA: Nemetschek Arabia and KEO Group sign strategic collaboration agreement

Abu Dhabi, UAE – Nemetschek Arabia, part of the Nemetschek Group, one of the world’s leading software providers for the Architecture, Engineering, Construction and Operations (AEC/O) industry, has signed a strategic collaboration agreement with KEO Group, a leading multidisciplinary consulting firm…

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StocksAE
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ZAWYA: SINAHA Platform explores new pathways for UAE products in East Africa

Abu Dhabi, United Arab Emirates – SINAHA Platform is looking to build stronger business links between UAE manufacturers and African markets, following a series of economic meetings and forums in Kenya and Tanzania.The Abu Dhabi-based platform, which supports UAE national industries and promotes loc…

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Economy
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ZAWYA: UAE’s RAKBANK mandates banks for USD bond issuance

Staff WriterThe National Bank of Ras Al-Khaimah (RAKBANK), rated Baa1 (Stable) by Moody’s and BBB+ (Stable) by Fitch, has mandated Abu Dhabi Commercial Bank, Bank ABC, Citi, Emirates NBD Capital, First Abu Dhabi Bank, ICBC, ING, J.P. Morgan, Mashreq, Standard Chartered Bank and The National Bank of…

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corp_bondStocksAE
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ZAWYA: Abu Dhabi's Anan says Arabian Hills to be developed as residential villa project

Staff WriterAbu Dhabi-based developer Anan Investment Holding has signed a memorandum of understanding (MoU) with a strategic investor to build a residential villa project covering an entire phase of the Arabian Hills development.The step reflects the vision of the company's new management, which i…

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StocksAE

ZAWYA: EMSTEEL and Technology Innovation Institute partner to advance high-strength steel solutions for critical infrastructure resilience

Abu Dhabi, UAE: EMSTEEL Group ADX:EMSTEEL, one of the region’s largest publicly traded steel and building materials manufacturers, has signed a Collaboration Agreement with the Technology Innovation Institute (TII), a leading global research centre and the applied research arm of Abu Dhabi’s Advanc…

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StocksAE
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ZAWYA: EGA’s dedicated Khalifa Port berth to get $23mln upgrade

Staff WriterAD Ports Group and Emirates Global Aluminium (EGA) will jointly invest 84 million dirhams ($22.87 million) in expanding the latter’s dedicated berth at Khalifa Port.The multi-phase berth enhancement programme will upgrade EGA’s dedicated port infrastructure to accommodate Newcastlemax d…

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EconomyStocksAE
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ZAWYA: Dubai Municipality and Enviroserve sign strategic agreement

Dubai, United Arab Emirates: Dubai Municipality has signed a strategic Memorandum of Cooperation with Enviroserve Services LLC to strengthen the safe and sustainable management of waste electrical and electronic equipment (WEEE) across the emirate. The agreement supports the objectives of the Dubai…

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ZAWYA: Savvy announces exclusive dealership partnership with Xiaofu

DUBAI, UAE – Savvy Charging Technology is proud to announce a powerful new exclusive partnership and dealership agreement with Xiaofu. This strategic alliance is designed to accelerate the growth of e-mobility across the Middle East and North Africa (MENA) region by delivering advanced, high-qualit…

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ZAWYA: Kuwait signs $244mln contract to expand Shuwaikh water distribution complex

Majda MuhsenKuwait's Ministry of Electricity, Water and Renewable Energy (MEWRE) has signed a contract worth 74.703 million Kuwaiti dinars ($244 million) for the construction, completion, maintenance and development of the existing Shuwaikh Water Distribution Complex and associated facilities.The c…

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Economy
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ZAWYA: New Investment and UAE products promotion opportunities in Africa

Abu Dhabi, United Arab Emirates: As part of the strategy of SINAHA Platform- the UAE platform supporting national industries and products, headquartered in Abu Dhabi - to strengthen its international presence, aimed at promoting and marketing UAE products, showcasing the capabilities of the UAE ind…

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Economy
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ZAWYA: L'oréal Groupe unveils socio-economic impact study in Egypt

• One L'Oréal job in Egypt generates 43 indirect roles across the local value chain, cementing role of L'Oréal and beauty sector as a powerful macroeconomic driver of Egypt Vision 2030.• L'Oréal’s Cairo state-of-the-art manufacturing plant serves as a major regional export hub, exporting 85% of its…

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Economy