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Sunday, November 2, 2025

Business

Record-Breaking FDI for Major Infrastructure Development in Egypt

The agreement between Egypt and consortium ADQ is the largest FDI in Egypt's history, with USD 35 billion allocated for infrastructure development in Cairo.

Hungary Looks to Partner with UAE for Investment in Priority Sectors

Hungary signs an economic cooperation agreement with the UAE aimed at stimulating trade and investment flows between the two countries in Budapest this month.

USD 31.4 Billion in Non-Oil Trade Between UAE and USA in 2023

US-UAE Business Council Chairman Danny Seabright says the volume of non-oil trade between the UAE and the United States of America rose to USD 31.4 billion in 2023 and is expected to continue to grow at the same pace in 2024.

Fueltrax Wins Major Series of Contracts with SE Asia Vessel Operators

Malaysia-based Fueltrax, a Fuel Management System provider claims it delivers over 99% system uptime globally and is the only EFMS accepted universally by all major oil companies.

iByond Asia and Knightsbridge Clinch USD1.2B Fintech Deal

iByond and Knightsbridge Group will join forces to spearhead fintech initiatives across the Asia Pacific region.

Terminus Group Green Lights Green Cities in the GCC

Terminus Group, a global smart services and AIoT solutions provider, officially inaugurates its international headquarters in Dubai UAE this month.

QatarEnergy, CPChem Break Ground with Mega Projects

From Houston Texas to Rass Laffan Qatar, CPChem and QatarEnergy’s mega-deals have mega goals for the global petrochemical markets.

Roha Hospital Ethiopia Secures USD 42 Million in First Round Funding

This first equity phase is part of USD 130 million investment to place Ethiopia on a USD 5 billion African medical tourism map with the development of a new specialty Roha hospital in Addis Ababa.

Latest news

The K-Drama That Triggered South Koreans

In gun-free South Korea, a bold K-drama, Trigger, has stirred robust debate about weapons and norms within Korean civil society.
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KSA’s 6 Billion Investment in Syria as Regional Diplomacy Realigns

With USD 6.4 billion in fresh deals, the Kingdom is staking its claim on Syria’s future and sending a clear message: Arab-led recovery is back in focus.

KUN’s 50 Million Aims to Accelerate Stablecoin Adoption Amid Hong Kong’s Regulatory Surge

KUN’s recent Series A $50 million funding round signals a pivotal moment for stablecoins, ushering in a new era of regulated, efficient, and cross-border digital payments across Asia.

Must read

How Migration Crafted Culinary Tastes

The flavours we crave today were shaped by old commercial routes and culture. It wasn’t just the monsoon rains that arrived with the winds — Arabian and Persian traders followed too, bringing with them not only fine muslin and perfumes, but spices, grains, poultry, and culinary traditions.

Atlai a World First AI Reporter on Deforestation

Alwaleed Philanthropies launches Atlai, an AI platform to support global efforts to combat deforestation.
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The World’s Largest Supercap Energy Storage to Be Built in Abu Dhabi

UAE firms Enercap Holdings and Apex Investments have formed a joint-venture to build 16GWh per year supercap energy storage – which will host the largest capacity in the world.

Egyptian Powerlifter Fatma Elgazzar Wins Bronze at World Strongman Championship

Egyptian powerlifter Fatma Elgazzar demonstrates physical and mental prowess in the World Strongman Championship at the Emirates Sports Hotel in Dubai this week.

Nigeria’s 500M Clean Energy and SME Deal Fest at AFNIS 2025

Leaders and high-stakes investors met homegrown innovation that focused on growth through domestic ownership at the AFNIS 2025 Summit in Abuja Nigeria this month.