IFC teams up with Dubai-based Tabreed to invest $400 million in India over next five years

International Finance Corporation (IFC), a member of the World Bank Group, will set up a joint venture with Dubai-headquartered Tabreed to invest $400 million in India over the next five years, Zawya reports. Both sides, media notes, signed partnership agreement Read more

Abu Dhabi-based Mubadala signs collaboration deal with Italian shipping giant Fincantieri

Mubadala, one of Abu Dhabi’s sovereign fund, has signed a memorandum of understanding (MoU) with Fincantieri, the Europe’s largest shipbuilder in Europe to develop innovative projects in the naval, marine and industrial sectors, Trade Arabia reports. Per the agreement, will Read more

Erdogan, world’s wealthiest man discusses long-term investments and step to existing cooperation

Turkish President Recep Tayyip Erdoğan and the founder of Tesla and space entrepreneur Elon Musk discussed an assortment of issues including long-term investments and improving existing cooperation, during a video conference Thursday. The discussion also according to the office of Read more

UK mulls plans to outlaw BDS

The United Kingdom, UK, according to former housing secretariat and MP Robert Jenrick would ban Palestinian powerful organization Boycott, Divestment and Sanctions (DBS), reports say. Jenrick, a conservative, revealed the move at the Leadership Dialogue Institute (LDI), described on its Read more

Arab Gulf Countries Reaffirm Steadfast Support to Moroccanness of Sahara

Gulf Cooperation Council (GCC) leaders have reiterated their unwavering support to Morocco’s territorial integrity and sovereignty over its entire Sahara territory. In their joint statement issued Tuesday following the 42nd Session of the GCC Supreme Council held in Riyadh, the Read more