UAE, UNDP sign deal to help Africa

    Dubai: The UAE government and the United Nations Development Programme (UNDP) signed a memorandum of understanding (MoU) by which a joint programme will be developed to build the capabilities of African governments. ### The MoU was signed by Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future, and Achim Steiner, Administrator of the…

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      DP World picks up Topaz for $1b

      Dubai: DP World has picked up full ownership of UAE-based Topaz Energy and Marine Ltd. in a $1.079 billion deal. The latter manages a fleet of 117 vessels servicing clients in the energy industry, with its core operations being in the Caspian Sea, the Middle East and North Africa territory, and West Africa. ### Topaz’s…

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