investment

Sharjah’s real estate sector sees $762.3 million in transactions during August

Sharjah witnessed 1,054 real estate sales transactions, accounting for 34.5 percent of the total

UAE’s ADNOC to supply LNG to Indian Oil Corporation for 15 years

The LNG will primarily be sourced from ADNOC's Ruwais LNG project

Abu Dhabi Crown Prince in India: Discussing bonds of friendship and cooperative ties with President Murmu

Sheikh Khaled signed the guestbook at Rashtrapati Bhavan, highlighting the historical UAE-India friendship

Unlocking MENA’s thriving investment opportunities at the EFG Hermes 10th Annual London Investor Conference

Leaders will convene from September 9 to 12 to discuss innovations in capital markets and regulatory developments

Finstreet to launch first regulated digital market in ADGM for private, public securities

Finstreet will grant eight licenses to its subsidiary entities to launch the first digital MTF, central securities depository, and private financing platform

India-UAE Business Forum in Mumbai to explore trade, investment and partnership opportunities

Bilateral non-oil trade between the UAE and India reached $28.2 billion in the first six months of 2024, up 9.8 percent annually

Nasdaq Dubai welcomes $400 million green bond from Bank of China

With the addition of this listing, the total value of bonds listed on Nasdaq Dubai by the Bank of China reaches $1.47 billion

Microsoft and partners to generate $24 billion in Saudi Arabia over next four years, says IDC study

Microsoft’s partner ecosystem will earn roughly $8 for every $1 of revenue generated by Microsoft’s cloud services

Oman’s Salalah Free Zone draws $11.95 billion in investment by June 2024

In H1 2024, the Salalah Free Zone added 13 projects in frankincense, packaging, air conditioning, and textiles

Central Bank of Egypt forecasts easing inflation amid continued maintenance of interest rates

The MPC noted that domestic real GDP growth had moderated to 2.2 percent in the first quarter of 2024

Saudi private sector employment surges to over 11.5 million workers in August 2024

The number of residents employed in the private sector stood at 9,202,580, with 8,812,758 men and 389,822 women

UAE, Egypt strengthen economic ties in key sectors at Arab Economic and Social Council meeting

The UAE is the top Arab investor in Egypt and the third largest globally

Saudi Arabia’s debt market doubles in value to $213.12 billion since 2019

The debt market remains under 20 percent of the Saudi economy, offering significant room for further development

UAE targets $27.2 billion in tourism investments by 2031, increasing GDP contribution to $122.5 billion 

In 2023, tourism accounted for 11.7 percent of the UAE’s GDP, amounting to $59.9 billion

NMDC Energy IPO oversubscribed 31.3 times, generating $24 billion in demand

At the close of the subscription period, the retail tranche was oversubscribed 600 times

Dubai Chambers supports expansion of Chinese investors into Dubai with new agreement

Agreement enhances the ability of companies operating in Dubai to enter the Chinese market and build promising business partnerships in Tianjin

Rising bank credit demand in the UAE amid positive economic outlook, says Central Bank

In Q2, demand for trade credit remained strong, with a greater appetite for lending 

GCC markets’ net foreign inflows cross $50 billion for first time in August: Report

In August, GCC equity markets saw strong net foreign inflows of $892 million

GCC banks well positioned to continue strong run in 2024: Report

The report stated that high interest rates kept profit margins at 2.7 percent, with strong bank profitability in H1

Abu Dhabi set to host AIM Congress 2025 in April

The event will address economic challenges through collaborative investment strategies

Sharjah’s SEWA inks water project deal with Saudi Arabia’s ACWA Power

Project to meet the demand for potable water for 1.4 million people

Dubai to welcome 22 floors of sustainable luxury living with $54.4 million upcoming residential development

Loutraki International is investing in Dubai’s real estate market through the Santorini Residences project

Saudi Arabia and Türkiye central banks sign MoU to enhance economic cooperation, financial stability 

The central banks will share expertise and resources to address challenges and boost economic development