investment

COP28 President calls for deeper collaboration between AI and energy sectors to drive climate action

COP28 Presidency and the UAE will work closely with Azerbaijan's COP Presidency to ensure COP29 builds on the outcomes of Dubai, the minister said

Egypt targets $30 billion in foreign direct investment in 2024/25 budget

The country's general budget indicators show that total revenues are expected to be EGP2.6 trillion

MENA investments likely to rise as interest rates decline in 2024, boosting IPOs and M&A deals: Report

UAE and Saudi Arabia's startups to continue taking center stage in dealmaking this year

Dubai’s DFSA enhances crypto token framework to foster innovation, development

Amendments address financial crimes through strict compliance guidelines

Egypt’s economy forecast to grow by 4.2 percent in 2025 on increased investment, exports, and consumer spending

The pound devaluation and foreign investments alleviated the country’s currency crisis

UAE’s ADFD finances projects worth $9.6 billion in 42 African countries

In 2023, ADFD led a $4.5 billion UAE initiative to boost Africa's clean energy infrastructure

GCC countries eye $135 billion healthcare sector by 2027 through localization and diversification

The sector spending within the GCC alone is tipped to reach $124 billion in 2028

Alef Education sets IPO offer price between AED1.30 and AED1.35 per share

Total offering size to reach between $496 million and $515 million

Saudi banks witness 8 percent surge in Q1 earnings, reaching $4.97 billion

The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment

Saudi Arabia emerges as key investor in Elon Musk’s $24 billion startup xAI

The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market

Saudi Arabia sees $240 million in investments in Q1 2024: Report

E-commerce and retail sector retained its position as the leading industry in Saudi Arabia's venture landscape

Oman Central Bank issues T-bills worth $57.24 million

The interest rate on repurchase operations (repo) with the OCB for these T-bills is 6.00 percent