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Markets
Nasdaq hits two-year high on AI optimism as Nvidia leads the charge
Investor confidence in AI drives the market first record high close since 2021
Banking & Finance
UAE’s ADNOC acquires 24.9 percent stake in Austria’s OMV
The transaction has increased UAE firm’s shareholdings in Borealis and Borouge
Banking & Finance
G20 FMCBG: Al Hussaini highlights UAE’s commitment to promoting financial inclusion and reducing inequalities
The minister highlighted the country's interest in strengthening economic and financial cooperation
Industry
With $2.5 trillion in mineral resources, Saudi Arabia set to become global mining hub
Saudi Arabia's Vision 2030 serves as the driving force behind the nation's strategic endeavors in the mining industry
Sustainability
ADNOC recognized as top NOC investor in low-carbon solutions: Report
The company was also ranked 5th largest investor in the industry in 2023
Markets
Bitcoin surges to over $63,000 amidst rising institutional interest
Investor enthusiasm fuels cryptocurrency's remarkable monthly gains
Egypt
Egypt inks 7 agreements with international developers to attract $41 billion over 10 years
The agreements are centered in the fields of green hydrogen and renewable energy
Logistics
Investopia 2024: MoU signed with Emirates Motor Company for cooperation in innovative transportation
The deal aims to develop innovative, sustainable solutions in the automotive industry
Economy
Investopia 2024: 11 panels exploring investment opportunities in new economy
The discussions highlighted urgency of investing in human capital, achieving carbon neutrality
Banking & Finance
FAB targets $81.68 million annual revenues from China operations by 2026
FAB seeks to triple revenues and strengthened bilateral ties with China
Banking & Finance
Dubai Islamic Bank issues landmark $1 billion sustainable sukuk
An over-subscription of 2.5 times demonstrates investor trust in the lender
Economy
Qatar to invest $10.85 billion in French start-ups
The deal covers various sectors such as energy, artificial intelligence, health, and hospitality
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