Browsing: Development

The European Bank for Reconstruction and Development (EBRD) is supporting aluminium production in Egypt by providing a loan of up to €13.7 million to Alumil Misr for Trade & Industry SAE, the Egyptian subsidiary of ALUMIL SA. The EBRD’s financing will fund the construction and installation of a new aluminium extrusion line at the subsidiary’s […] The post Loan of up to €13.7 million for Alumil Misr will expand manufacturing capacity and boost industrial competitiveness appeared first on Web-Release.

European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso will travel to Nigeria this week, marking her first visit to a sub-Saharan country since Bank shareholders’ historic decision to start investing in the region. During her visit, President Renaud?Basso will meet with senior government officials, including Minister of Finance and Coordinating Minister of the Economy and EBRD […] The post Historic first visit of EBRD President to Nigeria and sub-Saharan Africa appeared first on Web-Release.

His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council, visited the Huawei Research and Development Centre and Shanghai Media Group (SMG) in Shanghai, People’s Republic of China. His Highness toured Huawei Village, which spans 2.2 million square metres and comprises over 100 buildings […] The post Sultan bin Ahmed visits Huawei R&D Centre and SMG in China appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is extending its support for small and medium-sized enterprises (SMEs) in Iraq, with the local launch of its SME finance and development programmes, including the flagship Star Venture initiative for high-potential startups. An official launch event in Baghdad marked the programmes’ rollout and presented the EBRD’s objectives and strategic priorities in […] The post EBRD launches SME finance and development programmes in Iraq appeared first on Web-Release.

Hovnanian M.E. Investments, LLC (KHME), a subsidiary of Hovnanian Enterprises, Inc. (NYSE: HOV) and the majority shareholder of Al Tahaluf Real Estate Company, CJSC, has signed a Memorandum of Understanding (MoU) with the Tourism Development Fund (TDF) and Emaar, The Economic City (EEC) to enable high-quality tourism investment and lifestyle-focused residential opportunities in King Abdullah […] The post K. Hovnanian Middle East, Saudi Arabia Tourism Development Fund, and Emaar, The Economic City Sign MoU to Deliver Tourism Investment and Lifestyle Residential Projects in KAEC appeared first on Web-Release.

“The Accession Day of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum as Crown Prince of Dubai, and of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum as Deputy Ruler of Dubai, stands as a testament to the far-sighted vision and wise leadership of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President […] The post Statement – SLC – Accession Day of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum appeared first on Web-Release.

Ohana Development, a leading UAE real estate developer renowned for its luxury properties, has signed an agreement with Manchester City F.C. to launch ‘Manchester City Yas Residences by Ohana’, a first-of-its-kind branded residential community, set along Abu Dhabi’s Yas Canal waterfront. The partnership reflects a shared commitment to excellence, innovation and long-term value creation, reinforcing […] The post Ohana Development and Manchester City F.C. Sign Agreement to Launch Multi-Billion-Dirham Project in Abu Dhabi appeared first on Web-Release.

The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) concluded another year defined by great knowledge achievements, through the launch of multiple flagship initiatives and the development of its existing innovative programs. These strategic efforts have helped enable the seamless dissemination of knowledge and strengthen its pathways across diverse fields and levels. This demonstrates MBRF’s […] The post MBRF attains remarkable milestones in global knowledge landscape appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) and Tunisie Telecom, Tunisia’s national telecom operator, are partnering to improve the country’s digital infrastructure and drive the company’s transformation. The up to €190 million EBRD development-linked loan will be disbursed in four tranches, including a first committed tranche of €50 million. The loan will finance multi-year investments […] The post EBRD news story EBRD and Tunisie Telecom announce strategic partnership appeared first on Web-Release.

The United Arab Emirates (UAE) chaired the 49th session of the Council of Arab Ministers of Youth and Sports, held at the headquarters of the League of Arab States in Cairo from January 11 to 13, 2026. The session was attended by youth and sports ministers as well as senior officials from Arab countries, along […] The post UAE chairs 49th Session of Council of Arab Ministers of Youth and Sports in Cairo to strengthen joint development efforts appeared first on Web-Release.