investment

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

Saudi Aramco to acquire 25 percent stake in Unioil Petroleum Philippines

The agreement, subject to standard conditions, supports the company's strategy to expand its global retail network

Oman earns 8th place in Global Entrepreneurship Index 2024, scoring 5.7

Oman's ranking results from ASMED's efforts with public and private partners through strategic initiatives

Mohammed bin Rashid Al Maktoum Solar Park’s seventh phase to integrate 1,600 MW of solar capacity

DEWA is set to exceed its original 5,000 MW target by 2030 for the solar park well ahead of schedule

Ras Al Khaimah real estate transactions grow 118 percent to over $4 billion in 2024

The emirate recorded a total of 2,985 sales transactions last year, surpassing AED6 billion in value

Saudi Arabia’s ACWA Power secures $693 million deal to acquire power and water assets in Kuwait, Bahrain

This deal includes a 4.6-gigawatt power generation portfolio and 1.114 million cubic meters of desalination

Saudi Arabia raises $818.8 million in February four-tranche sukuk issuance

Saudi Arabia's debt capital market is expected to surpass $500 billion in 2025

Saudi Arabia’s labor regulations amendments take effect to enhance job stability, market efficiency

The amendments modify 38 articles, remove 7, and introduce 2 new articles to the regulations