ADEX, NBE sign $100m deal to support UAE exports to Egypt
Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the National Bank of Egypt (NBE), to boost trade…
AfDB announces $1bn fund to boost climate financing for Africa’s youth
The African Development Bank (AfDB) announced Wednesday a new $1bn fund to accelerate climate financing for Africa's youth businesses. The additional financing will boost YouthAdapt, a joint initiative between the…
GFANZ – AfDB partnership enhances Africa’s capability to face climate finance challenges: Mohieldin
Mahmoud Mohieldin, UN Climate Change High-Level Champion for Egypt and UN Special Envoy on Financing 2030 Sustainable Development Agenda, said Tuesday that the partnership between the Glasgow Financial Alliance for…
INMA Developments launches Trivium mixed-use project in Sheikh Zayed
INMA Developments, the real estate arm of Genena Group, has announced the launch of its third mixed-use project in Sheikh Zayed, called Trivium Zayed. The project consists of two buildings…
InDrive invites female tech entrepreneurs to apply for third edition of Aurora Tech Award
InDrive, a leading platform for urban services and mobility, has launched the third edition of its Aurora Tech Award, which aims to celebrate and support female-led startups in the field…
Flat6Labs selects 24 startups for StartMashreq Growth Track programme
Flat6Labs, the leading seed and early-stage venture capital firm in the MENA region, has announced the selection of 24 startups for its StartMashreq Growth Track programme. The programme, which is…
Beltone Venture Capital acquires 20% stake in ariika
Beltone Financial Holding announced Wednesday that its wholly owned subsidiary, Beltone Venture Capital, has acquired a 20% stake in ariika, a direct-to-consumer, digital-led home and decor brand. The investment was…
Egypt’s Irrigation Minister showcases water and climate achievements at Nairobi summit
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilam, participated in the African Climate Summit, held in Nairobi, Kenya, where he met with officials from Kenya and the United Arab…
Housing Ministry sells $2.5bn worth of lands in foreign currency
The Ministry of Housing, Utilities and Urban Communities has sold lands worth $2.5bn in foreign currency, according to Assistant Minister Walid Abbas. He said that the ministry received 3,425 requests…
Palestinian Authority condemns Israel’s deadly raid in Tulkarm
The Palestinian Authority (PA) has denounced Israel’s killing of a young Palestinian man and its destruction of infrastructure during a raid in the West Bank city of Tulkarm on Tuesday.…
