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Iraq’s energy sector is under increasing strain, with electricity shortages becoming a critical issue. Despite recent improvements in economic growth and security, the country’s energy infrastructure is struggling to keep up with rapidly rising demand. Baghdad faces a challenging situation as…
UAE-based renewable energy company Amea Power has signed an agreement with the Egyptian Electricity Transmission Company to develop two large-scale battery storage facilities in Egypt. The project, which aims to enhance the country’s renewable energy infrastructure, will have a combined storage…
Founded in 1967, Mashreq is the oldest bank in the UAE, offering decades of industry experience and a deep understanding of the ever-evolving financial landscape. This unique expertise allows Mashreq to effectively meet the diverse needs of its corporate clients. With…
Emaar Properties, Dubai’s largest publicly listed developer by market capitalization, plans to increase its investments in Egypt to $25 billion over the next three years, up from its current commitment of $18 billion. This expansion reflects the company’s growing confidence in…
Adnoc Drilling is set to ramp up its investment efforts in the US and Europe in 2025, with a focus on expanding its oilfield services capabilities. The Abu Dhabi-listed company plans to allocate $700 million of its $1 billion investment budget…
The cost of dining out in Dubai is increasing, particularly when it comes to alcoholic beverages, with the city now ranked as the third-most expensive globally for a half-litre of draught beer, averaging $10.89, according to a survey by Numbeo. Qatar…
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