investment

ADNOC completes $2.84 billion offering of ADNOC gas shares with 4.4x oversubscription

Offering was priced at AED3.40 per share, roughly 43 percent above the IPO price of AED2.37 per share

Saudi Arabia’s ZATCA urges commercial sector to submit VAT statements for January

The decision applies to those whose annual revenues from goods and services exceed $10.7 million

UAE GDP growth expected to rise from 4.5 percent to 5.6 percent, outpacing IMF’s 3.2 percent forecast: Report

Growth rate of GCC region is expected to double from 2.1 percent to 4.2 percent in 2025

AlUla Conference for EMEs: Saudi Arabia, IMF emphasize AI’s potential to enhance emerging market productivity

A key theme is the importance of unity and collaboration to strengthen EM economies' resilience and growth

Abu Dhabi’s ADNOC to sell 4 percent stake in ADNOC Gas through marketed offering

The offering will only be open to qualified institutional and other investors in a number of countries, including the UAE

UAE maintains position among world’s top 10 soft powers, defying regional slowdown: Report

The country's Nation Brand has experienced a remarkable increase from $1 trillion to $1.232 trillion

ADNOC’s listed companies to distribute $6.7 billion in dividends after posting $49.7 billion in total 2024 revenue

Together, the six companies reported a net profit surpassing $9 billion for the year

UAE hotels earn $10.1 billion in first 10 months of 2024, marking a 4 percent growth

Hotel occupancy rose to nearly 78 percent, reflecting a 2.7 percent increase from last year

Abu Dhabi, China bolster economic ties at investment forum with partnerships in key sectors

During the forum, participants engaged in discussions on Abu Dhabi’s role as a global financial, trade and technology hub

Alpha Data IPO: Subscription period opens on February 20 for retail, professional investors

The final offer price will be determined through a book-building process and is expected to be announced on February 26

Qatar pledges $10 billion investment in India to boost economic ties

Both countries agreed to double bilateral trade from $14 billion to $28 billion in five years