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Orascom Construction, OCI Global agree on merger to create Abu Dhabi-based platform

Orascom Construction PLC said it has reached an agreement with OCI Global for a proposed combination that will create an Abu Dhabi-anchored infrastructure and investment platform.

Updated 1m12h
AOI signs MoU with UAE’s ONIP Trading to expand defense-industry cooperation

The Arab Organization for Industrialization (AOI) signed a memorandum of understanding (MoU) with the Emirati company ONIP Trading, reinforcing Egyptian-Emirati cooperation in defense manufacturing, as per a statement.

Updated 12/3/2025 1:10:00 PM
AOI, UAE-Chinese Al Qalaa Red Flag sign defence-industry cooperation MoU at EDEX 2025

The Arab Organization for Industrialization (AOI) signed a memorandum of understanding (MoU) with UAE-Chinese company Al Qalaa Red Flag for cooperation in defence industries.

Updated 12/2/2025 7:31:00 AM
AOI signs 7 agreements with Abu Dhabi Aviation Group to advance aerospace manufacturing

The Arab Organization for Industrialization (AOI) signed seven agreements with Abu Dhabi Aviation Group and its subsidiaries as part of its efforts to localize advanced aerospace manufacturing technologies and expand industrial cooperation with Arab partners, as per a statement.

Updated 12/1/2025 3:10:00 PM
Egypt, UAE eye boosting cooperation, investments in oil sector

Minister of Petroleum and Mineral Resources Karim Badawi and the UAE’s Ambassador to Egypt Hamad Obaid Al Zaabi discussed strengthening cooperation in the oil and gas sector.

Updated 11/25/2025 8:33:00 AM
UAE stock markets collectively rise on Thursday

The Dubai Financial Market Index (DFMGI) finished Thursday’s trading session at 5,910.96 after climbing by 48.87 points, or 0.834%.

Updated 11/20/2025 2:16:00 PM
Sanmar, UAE’s TA’ZIZ cooperate to supply petrochemical materials

The Sanmar Group has signed two product sale agreement term sheets with the UAE’s TA’ZIZ for the supply of key petrochemical feedstocks

Updated 11/6/2025 3:59:00 PM
Arcius Energy expands investment in Egypt via Harmattan gas field

The Egyptian Natural Gas Holding Company (EGAS), Arcius Energy, Shell, and bp signed an agreement for the acquisition of the Harmattan field in the Mediterranean Sea

Updated 11/5/2025 11:07:00 AM
Orascom Construction transfers incorporation to Abu Dhabi Global Market

Orascom Construction PLC announced the completion of its transfer of incorporation from the Dubai International Financial Center (DIFC) to the Abu Dhabi Global Market (ADGM).

Updated 11/4/2025 9:45:00 AM
DFM Index loses 0.101%, ADX Index rises 0.337% on Tuesday

The Dubai Financial Market Index (DFMI) decreased by 0.101%, or 6.06 points, to close Tuesday’s trading session at 6,012.73 points.

Updated 11/4/2025 2:01:00 AM
DFM Index loses 0.671%, ADX Index sheds 0.754% on Monday

The Dubai Financial Market Index (DFMI) decreased by 1.525%, or 93.18 points, to close Monday’s trading session at 6,018.79 points.

Updated 11/3/2025 2:29:00 AM
UAE stock markets experience bearish trend on Monday

The Dubai Financial Market Index (DFMGI) lost 25.14 points, or 0.41%, finishing Monday’s session at 6,041.09.

Updated 10/27/2025 4:04:00 PM
Maridive plans to set up subsidiary in UAE

Maridive and Oil Services (MOIL) intends to establish a limited liability subsidiary in the UAE

Updated 10/22/2025 9:29:00 AM
Egypt, UAE’s K&K sign agreement for final studies on Egypt–Europe electricity interconnection

Prime Minister Mostafa Madbouly witnessed the signing of a cooperation agreement between the Egyptian Electricity Transmission Company (EETC) and UAE-based K&K Investment Company to conduct final studies for the planned electricity interconnection project between Egypt and Europe through Italy, as per a statement.

Updated 10/15/2025 1:48:00 AM
Egypt, UAE join forces to develop logistics zone in El Alamein

Egypt and the UAE signed a cooperation agreement to establish a joint-stock company to build a logistics zone for the storage and handling of crude oil and petroleum products in the El Alamein.

Updated 10/2/2025 12:42:00 PM
UAE’s Gulftainer mulls $1B investments in Egypt’s logistics sector

UAE-based Gulftainer aims to invest $1 billion in Egypt in container terminal management and port logistics services, the Egyptian Commercial Service (ECS) announced.

Updated 10/2/2025 9:32:00 AM
Egypt-UAE trade exchange climbs 71% YoY in 7 months: CAPMAS

Trade exchange between Egypt and the UAE was valued at $5.4 billion during the January-July 2025 period, significantly up by 71% from the same period of 2024, data by the Central Agency for Public Mobilization and Statistics (CAPMAS) showed.

Updated 10/2/2025 8:48:00 AM
UAE stock markets show mixed performance on Monday

The Dubai Financial Market Index (DFMGI) gained 13.33 points, or 0.228%, finishing Monday’s session at 5,868.64.

Updated 9/29/2025 2:31:00 AM
Egypt, UAE sign 5 MoUs to strengthen aviation ties

Egypt and the UAE signed five strategic memoranda of understanding (MoUs) to boost cooperation in the aviation sector.

Updated 9/21/2025 9:22:00 AM
DFM Index down 0.143%, ADX Index losess 0.252% on Wednesday

The Dubai Financial Market Index (DFMI) fell by 0.143%, or 8.57 points, to close Wednesday’s trading session at 5,991.11 points.

Updated 9/17/2025 2:31:00 AM