investment

Saudi Arabia approves launch of Investment Marketing Authority to support growth in key sectors

Authority will bolster Saudi Arabia's investment landscape and aims to consolidate the Kingdom’s position as a world-class investment hub

Egypt’s foreign reserves soar to $47.39 billion in February

Gold holdings in foreign currency reserves reached approximately $11.851 billion in February, up from $11.416 billion

Saudi PIF inks $3 billion deal with Italian export credit agency

The parties will share expertise and consider SACE's $3 billion support for PIF-led projects

Qatar to host MWC’s next five editions

This initiative will boost digital transformation and establish Qatar as a global digital innovation hub

UAE gold prices dip AED1.25, global rates rise amid Trump tariffs

Trump’s tariffs on products from Canada, Mexico, and China took effect just after midnight ET on Tuesday

PIF, Goldman Sachs Asset Management to partner on investments in Saudi Arabia and GCC

PIF will act as a strategic anchor investor for new private credit and public equity strategies in Saudi Arabia and the wider GCC region

Dubai real estate sales grow 39.91 percent to $13.91 billion in February 2025

Last month’s total of 16,099 transactions represented a 35.5 percent increase in volume, making it one of the best-ever months on record

Asia accounts for 62.7 percent of multinational companies attracted by Dubai International Chamber in 2024

This emphasizes Dubai’s escalating reputation as a pivotal investment hub for international corporations

Egypt to benefit from $94.3 million EU loan to boost food security

The country further sought approval for the EUR4 billion package and emphasized SCZONE as key investment destination.

UAE gold prices rise AED2.5, global rates fall amid Trump tariff caution

Trump announced 25 percent tariffs on Mexico and Canada, starting Tuesday, and doubled Chinese tariffs to 20 percent

MENA startups raise $494 million across 58 deals in February, up 371 percent 

Startups in Saudi Arabia raised $250.3 million across 25 deals last month, leading the region in fundraising

Saudi Arabia: Real estate sector’s contribution to GDP doubles to 12 percent in 2024

In Riyadh, the villa market has seen steady growth, with average prices now approaching SAR6,000 per square meter