investment

SAR262.7 billion credit facility extended to SMEs in Saudi Arabia

Banking sector contributed the largest volume of credit facilities, with an estimated value of SAR245.3 billion

IIF: GCC gross foreign assets set to reach $4.4 trn by 2024

GCC's foreign asset projections and shifting investment strategies

Abu Dhabi’s Bayanat, Yahsat announce merger, creating global space tech powerhouse

$4.08 bn combined marker capital positions merger as key player in the evolving space economy

UAE, Qatar trade grows 68 percent, reaches AED 521 million

Main exports include ships, boats, iron, steel and mineral oils

UAE’s Positive Zero secures $400 mn funding to promote sustainable energy adoption in GCC

Investment to boost Positive Zero's energy transition projects in the Gulf countries

UAE backs Egypt’s digital strategy: Cooperation to establish 1,000 MW data centers

Egypt's data center market value to reach $1,138.67 mn by 2030

Currency speculators lower expectations for the dollar: Will it lose power?

Adjustment came in response to a surge in demand for higher-yielding currencies

UAE and Azerbaijan to boost digital infrastructure, launch joint investment platform

Total trade between the two countries reached AED2.4 bn in 2021