Via Al Monitor, an article on Dubai’s new $8 billion economic plan to boost its foreign trade, sustainability and position as a tech hub: The Emirate of Dubai unveiled an ambitious economic development plan Wednesday. Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum said the Dubai Economic Agenda D33 has economic targets worth 32 trillion Emirati dirhams ($8.71 trillion) […]
Read more »Via AllAfrica, a look at how Dubai-based DP World is expanding its operations in Somaliland as part of a plan to turn the breakaway region into a major trade hub: The two new cranes towering over a huge cargo ship are tall enough to reach even the highest of the containers that are stacked up five […]
Read more »Courtesy of APNews, an article on Sudan’s plans to build a new port on its Red Sea coast: Sudan’s military government signed a $6 billion preliminary agreement with two firms from the United Arab Emirates Tuesday to construct a new port on the Red Sea coast, Sudanese state media said. According to the SUNA news […]
Read more »Via Bloomberg, an article on the United Arab Emirates’ main energy company’s plans to boost investment to $150 billion over the next five years: The United Arab Emirates’ main energy company will boost investment to $150 billion over the next five years, speed up an increase in oil-production capacity and list some of its natural […]
Read more »Via The Africa Report, an article on UAE’s investment into African port infrastructure: The United Arab Emirates (UAE) is in a prime position to ramp up its influence on the Red Sea corridor and the Horn of Africa, thanks to billions of dollars’ worth of port projects that empower the Emiratis to stave off competition […]
Read more »Via East Asia Forum, an article on the Digital Silk Road’s reach into the Middle East: The US–China strategic rivalry extends to the struggle for control over the digital economy — particularly digital infrastructure and technological innovation. China’s digital economy is among the most vibrant in the world, ranking second globally in 2021 at US$7.1 trillion. It […]
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