Economy Middle East

investment

Mubadala’s assets under management rise 9.45 percent to $300 billion in 2023
Banking & Finance

Mubadala’s assets under management rise 9.45 percent to $300 billion in 2023

Company's diverse ventures generated total proceeds of AED99 billion in 2023

UAE’s ADNOC to begin operations at Ras Al Sadr gas field in Abu Dhabi
Energy

UAE’s ADNOC to begin operations at Ras Al Sadr gas field in Abu Dhabi

The Ras Al Sadr gas field has a production capacity of up to 100 million standard cubic feet of gas per day

Qatar announces $2.47 billion AI incentive package
Qatar

Qatar announces $2.47 billion AI incentive package

Arab AI project 'Al-Fanar' launched to develop Arabic large linguistic models

Qatar Economic Forum: The Hashgraph Association partners with QFC to launch $50 million digital assets venture studio in Qatar
Banking & Finance

Qatar Economic Forum: The Hashgraph Association partners with QFC to launch $50 million digital assets venture studio in Qatar

The studio will focus on investments in Hedera-powered Web3 startups and enterprises building bankable DeFi solutions

Qatar, U.S. trade exchange rises to $6.47 billion in 2023
Logistics

Qatar, U.S. trade exchange rises to $6.47 billion in 2023

Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors

Oman, Kuwait ink four agreements in investment, education and metrology
Economy

Oman, Kuwait ink four agreements in investment, education and metrology

Agreements to boost existing and future investments in Oman and Kuwait in key sectors

Saudi Arabia’s Quality of Life Program creates over 925,000 jobs in tourism in 2023
Hospitality & Tourism

Saudi Arabia’s Quality of Life Program creates over 925,000 jobs in tourism in 2023

Program rehabilitated of over 100 heritage sites and museums in 2023

Saudi Entertainment Ventures joins Qiddiya to enhance entertainment ecosystem
Hospitality & Tourism

Saudi Entertainment Ventures joins Qiddiya to enhance entertainment ecosystem

SEVEN spearheads 21 entertainment projects across 14 cities, with investments exceeding $13.33 billion

Saudi Arabia’s Diriyah seeks U.K. partnerships in business, development projects
Hospitality & Tourism

Saudi Arabia’s Diriyah seeks U.K. partnerships in business, development projects

Diriyah reiterates commitment to expanding its partnership portfolio across various sectors

Investopia Europe 2024: UAE Economy Minister highlights strong strategic ties with EU, vows to deepen mutually beneficial relationship
Economy

Investopia Europe 2024: UAE Economy Minister highlights strong strategic ties with EU, vows to deepen mutually beneficial relationship

H.E. Bin Touq meets with ministers and top EU officials to discuss prospects for enhancing economic cooperation

UAE, Mauritius to deepen cooperation in water, energy, sanitation
Energy

UAE, Mauritius to deepen cooperation in water, energy, sanitation

Areas of collaboration included renewable energy, hydrogen, liquefied natural gas

Market cap of Arab stock exchanges exceeds $4.361 trillion in April: AMF
Markets

Market cap of Arab stock exchanges exceeds $4.361 trillion in April: AMF

Market value of the Abu Dhabi Securities Exchange reached $754.7 billion in April