investment

China’s Ministry of Finance lists $2 billion bonds on Nasdaq Dubai

Chinese entities have had a notable presence on Nasdaq Dubai, with over $22 billion in debt listed to date

Future Fund Oman launches investment projects worth over $2 billion

The projects span 10 key sectors, including technology, manufacturing, tourism, renewable energy and electric vehicles

UAE sukuk auction: Bids exceed $1.48 billion with 4.9 times oversubscription

This issuance is part of the UAE's Islamic Treasury sukuk issuance program for the fourth quarter of 2024

UAE President, King of Jordan discuss bilateral ties and regional developments in Abu Dhabi

Both leaders affirmed support for Lebanon's unity and sovereignty, expressing solidarity with its people

Mubadala, French Safran join forces to drive aerospace growth in UAE

This enhanced strategic framework agreement focuses on key areas of Maintenance, Manufacturing, Human Capital Development, Advanced Material and Space

7X partners with Etihad Credit Bureau to leverage advanced credit reports

This partnership provides 7X access to the Bureau's credit data platform to assess its partners' credit stability 

Bitcoin surges to record high $97,892 on Trump’s potential crypto plans

Since the US election, more than $4 billion has streamed into U.S.-listed Bitcoin exchange-traded funds

Dubai real estate market on track for 30 percent sales growth by end of 2024

Annual sales transaction volumes have now surpassed 151,000 and have eclipsed 2023 year-end sales by 13.4 percent

Sheikh Hamdan bin Zayed attends groundbreaking ceremony of Ruwais LNG Project in Al Dhafra Region

ADNOC is investing approximately AED175 billion in the Ruwais LNG, Hail and Ghasha, Borouge 4 and TA’ZIZ mega-projects

Global spending on AI reaches over $120 billion in 2023: SDAIA

SDAIA Director of National Information Center noted that over 72 percent of organizations use AI for operational excellence

Dubai International Chamber attracts 157 multinational companies, SMEs from Q1 to Q3 of 2024

The Chamber successfully supported 75 local companies expanding into global markets

Bitcoin surges to new record high of $94,078

Recent momentum takes global cryptocurrency market's value above $3 trillion to a record high

Crown Prince of Abu Dhabi reviews Mubadala’s progress, stresses UAE investment importance in Brazil

Mubadala’s investments in Brazil have greatly contributed to the country’s socioeconomic development over the past 12 years

Abu Dhabi’s TAQA, JERA and Al Bawani to develop two new highly efficient power plants in Saudi Arabia

These agreements will enable two new CCGT projects in Saudi Arabia with over 3.6 gigawatts capacity 

G20: Crown Prince of Abu Dhabi engages in talks with Presidents of France, Egypt, and South Africa

Yesterday, Sheikh Khaled also engaged in official discussions with Brazilian President Luiz Inácio Lula da Silva

Over 51,000 companies join Dubai Chamber of Commerce in 9M 2024, up 4 percent annually

Chamber reviewed 154 laws and draft laws in cooperation with business groups, resulting in an adoption rate of 46 percent

ADX executes $40.56 million deal in IHC shares

This transaction consisted of 360,000 IHC shares, each priced at AED414

Ras Al Khaimah Ruler visits China’s Guangdong Province to boost ties in key sectors

The Ras Al Khaimah delegation will sign an agreement that focuses on promoting exchange and cooperation in several areas

G20 summit: UAE allocates $100 million to support alliance against hunger, poverty

Sheikh Khaled highlighted the UAE’s dedication to supporting global initiatives to combat hunger and poverty

Arab stock exchanges’ market cap rises 2.54 percent to $4.3 trillion in Q3 2024: Report

The Beirut Stock Exchange led the upward movement among Arab stock exchanges, with its index increasing by 29.03 percent

Dubai Future Forum 2024 kicks off tomorrow, convening leading global futurists at Museum of the Future

The Forum aims to provide an exceptional platform for international thought leaders to devise actionable solutions for the future

COP29: UAE leads agricultural innovation, launches pilot AgriLLM project

During COP29, Almheiri announced the launch of a new AI-based Weather Forecasting Research and Training Program

UAE joins Oman in National Day celebrations

Non-oil trade between the two countries reached AED51 billion last year, up from AED48.7 billion in 2022