Tag: UAE
ADEX, National Bank of Egypt signs $100 million credit agreement
The financing agreement seeks to bolster economic activities and further enhance the already fertile trade landscape between the UAE and Egypt
Continental Investments LMD, Finance House shore up partnership
The fund will furnish superior financing services, enabling Continental Investments LMD to broaden its footprint in the UAE and Dubai markets
UAE central bank awards acquiring license Checkout.com
The license allows Checkout.com to unlock its full proposition for merchants in the UAE
Egypt, UAE companies form $9.8 million joint venture
The signing of the agreement marks another milestone in the cooperation between the UAE and Egyptian companies
Egypt, Jordan, UAE, Bahrain sign $2 billion industrial agreements
Egypt, the UAE, Jordan and Bahrain have signed agreements to set up nine integrated industrial projects with an investment of over $2 billion.
The 12...
UAE’s ADGM partners with Zand Bank to support SMEs
The Abu Dhabi Global Market (ADGM) said Monday that it has partnered with UAE’s Shariah-compliant digital bank Zand Bank to support SMEs in the...
UAE’s ADNOC Distribution completes acquisition of 50% stake in TotalEnergies Egypt
UAE’s ADNOC Distribution said Wednesday that it has completed the acquisition of a 50% stake in TotalEnergies Marketing Egypt for approximately $186 million (EGP...
UAE-based Fintech Galaxy expands into Egypt with the acquisition of Underlie
UAE-based Fintech Galaxy said Thursday that it has acquired Underlie, an Egyptian open banking platform that offers application programming interfaces (APIs) to banks and...
Saudi Arabia’s Hassana to invest $2.4 billion in DP World’s UAE assets
Dubai’s DP World said Wednesday that Saudi Arabia’s Hassana Investment Company (Hassana) has agreed to invest $2.4 billion in the global ports operator’s three...
AD Ports, Invictus Investment to jointly invest $6 billion to develop Sudan’s Red Sea...
Sudan has signed a preliminary agreement with a consortium led by the UAE’s AD Ports Group and Invictus Investment to develop, manage and operate...