Via BBC, a report on DP World, the UAE firm taking over Africa’s ports: A multimillion-dollar deal signed between Emirati maritime giant DP World and Tanzania on Sunday looks set to further entrench the dominance of the United Arab Emirates (UAE) in Africa’s freight industry. Reports of the $250m (£205m) deal first emerged in July, […]
Read more »Via Bloomberg, a report on DP World’s winning bid to run part of the Dar es Salaam port: Dubai-based firm to invest $250 million to upgrade facilities Investment may rise to $1 billion over the concession period DP World Ltd. won a bid to operate part of Tanzania’s Dar es Salaam port and will invest more […]
Read more »Courtesy of The Diplomat, commentary on the impact that the escalating war between Israel and Hamas may have upon the planned India-Middle East-Europe Economic Corridor: On September 8, at the G-20 summit in New Delhi, Indian Prime Minister Narendra Modi unveiled the India-Middle East-Europe Economic Corridor (IMEC), a grandiose multi-billion connectivity scheme linking India and […]
Read more »Via Caterer Middle East, commentary from Mark Mobius on the Middle East’s emergence as a hotspot for F&B investment; The Middle East, particularly Saudi Arabia and the UAE, has rapidly transformed into one of the most dynamic and fastest-growing regions globally. When it comes to food and beverage (F&B), the Middle East and Africa food […]
Read more »Via Arab News, an article on UAE’s commitment to invest $8bn to boost Malaysia’s renewable projects: Malaysia’s energy transition is set to gain momentum with an $8 billion investment from UAE’s Masdar to develop up to 10 gigawatts of renewable projects in the Southeast Asian nation. In a strategic partnership, the Malaysian Investment Development Authority inked […]
Read more »Via Geopolitical Futures, a look at the the India-Middle East-Europe economic corridor, an ambitious new connectivity project will likely run aground in the Arabian Peninsula: We live in an age of interregional connections. China’s Belt and Road Initiative, after a decade and hundreds of billions of dollars in spending, has faced significant setbacks but remains […]
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