investment

Oman to expand LNG production capacity to 15.2 million tons per year with new 3.8 million ton train

LNG production trains allow the government to improve operational efficiency, maximize the use of existing facilities

Egypt signs $342 million in agreements to boost oil, gas production

Cheiron Energy to increase natural gas production from the West Burullus offshore field development project

Dubai Financial Market announces 74 percent rise in pre-tax net profit to $53.19 million in H1 2024

The first half of 2024 saw a surge in trading activity, higher trade values, and an influx of new investor

UAE, Chile CEPA to boost non-oil bilateral trade to $750 million by 2030

Deal will also likely boost the value of UAE exports by $247 million by 2030, according to official UAE estimates

Ethereum ETFs approved: Another win for cryptocurrencies

Traditional investors can now buy Ethereum without directly dabbling in cryptos

UAE, Chile sign CEPA to boost non-oil trade through tariff cuts and eased barriers

The CEPA also seeks to establish new investment and cooperation pathways, allowing private sectors to build partnerships

Dubai’s digital economy chamber supports 215 digital startups worth $7 billion in H1 2024

During H1, the chamber trained 243 Emiratis as part of the 'Create Apps in Dubai' initiative

G20: UAE to double digital economy’s GDP contribution to 19.4 percent with $20 billion investment

This investment signals the UAE's commitment to accelerating the growth and adoption of digital technologies across its economy

FIFA pledges to invest over $2 billion in football development

Latest pledge brings overall investments since Infantino's election in 2016 to $5 billion

Investopia Global Talks launch in Chennai to boost UAE-India partnerships in key sectors

The UAE and India are among the fastest growing economies, with the UAE’s non-oil GDP growing by 6.2 percent in 2023

Egypt’s economy growth to rebound to 4.99 percent in 2025/26 amid policy tightening 

The country’s growth is projected at 4 percent for FY 2024/2025

Kuwait’s real estate market reports $300.86 million in transactions, 14 percent rise week-over-week

The surge is equivalent to an additional KWD13 million compared to the previous week's trading value of KWD79 million 

Dubai International Chamber attracts 24 multinational companies in H1 2024

Chamber supported the expansion of 34 local companies into new global markets through its international offices

Egypt sets sights on $5 billion investment goal with India by 2027

Through renewable energy, green hydrogen, and engineering initiatives

UAE’s pension authority, ADGMA forge agreement to boost financial literacy among Emiratis

Agreement supports the UAE’s efforts to enhance financial awareness amongst Emiratis in federal, government and private sector entities

Dubai consolidates position as global business events hub, winning 175 bids in H1 2024

This marks a 24 percent increase compared to the same period last year

Dubai’s DMCC reports 9 percent rise in Chinese member companies in H1 2024

DMCC has become home to 15 percent of the estimated 6,000 Chinese businesses and companies in the UAE

51 percent of UAE investors prefer real estate IPOs: Survey

The UAE market contributed a remarkable 58 percent of 2023 IPO proceeds in the GCC region

Türkiye terminates $5 billion deposit with Saudi Arabia to reduce external debt

The $5 billion deposit was made by Saudi Arabia before Türkiye's presidential and parliamentary elections last year

UAE, Indonesia to boost cooperation in public finance, debt management, and climate finance

The two countries enjoy thriving bilateral trade, with $4 billion in volume in 2023 

Egypt to raise electrical capacity with two $700 million renewable energy projects by October

Emirati company Al Nowais will launch the solar energy project in the Aswan Governorate's Kom Ombo by October

Saudi Aramco’s Wa’ed Ventures invests $15 million in South Korean AI chipmaker Rebellions

Funding to accelerate company's expansion in Saudi Arabia and the development of AI chips globally

Surge in demand for industrial and logistics assets reaches 185 percent in Dubai, Abu Dhabi: Report

The Jebel Ali Industrial Area Second Category saw rents jump 38.5 percent to AED36 ($9.80) per sq ft.

PureHealth’s Ardent Health successfully concludes IPO on New York Stock Exchange

In September 2022, PureHealth acquired a 26.05 percent equity stake in Ardent Health for $500 million