Economy Middle East

investment

WGS 2024: OPEC fund commits $27 billion to support 4,000 development projects in 125 countries
Banking & Finance

WGS 2024: OPEC fund commits $27 billion to support 4,000 development projects in 125 countries

UAE played key role in supporting OFID's sustainable development initiatives

WGS 2024: UAE establishes investment and taxation cooperation agreements with Arab countries
Banking & Finance

WGS 2024: UAE establishes investment and taxation cooperation agreements with Arab countries

UAE Ministry of Finance and World Bank renew advisory services agreement

Red Sea Global secures $533 mn financing deal for luxury hotel on Shura Island
Hospitality & Tourism

Red Sea Global secures $533 mn financing deal for luxury hotel on Shura Island

Investment bolsters Saudi Arabia's tourism sector, supports Vision 2030

Türkiye issues $3 billion 10-year eurobonds, sees strong demand
Economy

Türkiye issues $3 billion 10-year eurobonds, sees strong demand

Capitalizing on investor confidence amidst significant changes in economic strategy

Dewa’s Q4 2023 profits surge 14.6 percent
Economy

Dewa’s Q4 2023 profits surge 14.6 percent

Robust financial performance driven by increased demand and clean energy initiatives

Dragon Oil to drill first well in Turkmenistan’s Block 19 in December
Energy

Dragon Oil to drill first well in Turkmenistan’s Block 19 in December

Government-owned company expands investments in the oil sector

PIF Private Sector Forum strengthens economic vision through strategic partnerships
Economy

PIF Private Sector Forum strengthens economic vision through strategic partnerships

Event concludes with commitment to Saudization and private sector empowerment

Diriyah project attracts $6 billion in private sector investments
Hospitality & Tourism

Diriyah project attracts $6 billion in private sector investments

Company to break ground on 11 new assets by the end of 2024

Aldar Properties awards $6 billion development contracts in 2023
Real Estate

Aldar Properties awards $6 billion development contracts in 2023

Significant investments to boost Abu Dhabi's development

Rua Al Madinah secures contracts worth over $79 million to drive hospitality industry forward
Hospitality & Tourism

Rua Al Madinah secures contracts worth over $79 million to drive hospitality industry forward

Deals were signed during PIF Private Sector Forum

DLD sets record with 1.6 million transactions in 2023
Real Estate

DLD sets record with 1.6 million transactions in 2023

Dubai's real estate sector thrives spurred by ambitious goals and increased investor confidence

PIF Private Sector Forum: stc Group signs raft of strategic agreements to enhance local content
Saudi Arabia

PIF Private Sector Forum: stc Group signs raft of strategic agreements to enhance local content

Agreements align with the objectives outlined in Vision 2030