investment

Abu Dhabi Bayanat’s smart solutions power strong H1 2024 with $74.32 million revenue

The company's gross profit for H1 2024 reached $22.86 million, translating to a gross margin of 31 percent

SIF 2024 in September to highlight youth and women’s participation in the smart economy

The event seeks to leverage AI to enhance public services, health, and education

DMCC, Bybit extend partnership to boost Dubai’s position as global crypto hub

Bybit supported and advised over 20 startups, helping them establish a foothold in Dubai's dynamic crypto landscape in 2023

UAE’s ADNOC Drilling to join MSCI flagship indexes, boosting global visibility and investor appeal

The company will become the 12th member of the MSCI UAE index after meeting the necessary criteria

DMCC accounts for 15 percent of total FDI in Dubai, 7 percent of GDP in H1 2024

Free zone posted a notable expansion in the technology sector, registering 226 new companies, including 14 gaming and nine AI companies

Saudi Arabia boosts FDI landscape with new investment law updates

Saudi Arabia's FDI inflows rose by 158 percent, from $7.46 billion in 2017 to $19.3 billion in 2023

Egypt targets sub-10 percent inflation by 2025-2026 as CAPMAS data shows easing price pressures

The country’s annual urban consumer price inflation slid to 25.7 percent in July from 26.5 percent in June

Dubai’s Emaar generates $3.9 billion in revenue for H1 2024 amid sustained investor confidence, robust demand

The company set a new group property sales record of $8.6 billion in H1 2024, a 56 percent increase over H1 2023

Arab stock exchanges exceed market cap of $4.17 trillion in H1 2024: AMF

Fed's decision to hold rates for the seventh time impacted performance of global financial markets and Arab stock exchanges