investment

Fitch affirms UAE’s rating at ‘AA-‘; outlook stable

The agency expects non-oil growth of 4.3 percent in 2024

Egypt fulfills $25 billion debt obligations, representing 7 percent of GDP: IIF

Egypt targets 3.5 percent primary surplus, 80 percent debt-to-GDP by 2027

Dubai’s mortgage market at 14-month high: Top areas seeing highest activity

Data indicates a growing trend of buyers, often younger individuals, seeking properties in popular lifestyle and social hubs

Fitch affirms Abu Dhabi’s ‘AA’ rating with stable outlook

Abu Dhabi's non-oil activity will remain dynamic, growing 5 percent this year after a 9.1 percent expansion in 2023

Capital market, IPO reforms spur growth in GCC asset management industry: Report

According to the report, the regulatory regime pertaining to investment funds is evolving in the GCC

Top 10 most spoken languages in the world in 2024

Mastering these top languages can open doors to unparalleled personal and professional opportunities

11 reasons UAE is the ideal hub to start a business

Unmatched advantages and incentives for business owners make UAE the perfect launch pad

Saudi real estate sector contributes 5.9 percent to GDP, hits $169.5 billion in transactions

The sector recorded more than 280,000 transactions since the beginning of 2024

Dubai Business Forum–China to promote investments, bilateral relations

Forum to support both China's 'Made in China 2025' roadmap and the Dubai Economic Agenda

90 percent organizations in UAE, Saudi Arabia well positioned for innovation in AI: Survey

Cybersecurity continues to be a major area of concern for organizations in both the UAE and Saudi Arabia

UAE’s MoF issues Public-Private Partnership Manual, defines priority sectors for first phase

The manual aims to leverage private sector expertise to benefit the government

UAE among top 10 countries with highest installed solar energy per capita: Report

With a cumulative capacity of 708 watt/capita, the UAE ranked 10th globally and first MEA country on the list

Egypt secures $2 billion in budget support from key development partners to boost private sector

During the Egyptian-European Investment Conference, Egypt secured a $1.069 billion agreement with the EU

Saudi Arabia boosts maritime sustainability with new multimillion-dollar waste recycling plant in Jeddah

The project, valued at $8 million, will cover an area of 10,000 square meters

Saudi Arabia’s M&A deal volume surges to $955 million in Q1 2024

The chemicals sector accounted for 52.4 percent of the total

UAE’s DP World completes $400 million investment to expand Peru’s port capacity

This expansion has increased the port's handling capacity from 1.5 million TEUs per year to 2.7 million TEUs

Bahrain attracts record FDI inflows of $6.8 billion in 2023, with UAE as third biggest contributor

Bahrain's FDI stocks relative to GDP stood at 99.7 percent as of the end of 2023

Global FDI down 2 percent to $1.3 trillion in 2023: Report

While prospects for 2024 remain challenging, modest growth for the year remains possible

Abu Dhabi’s Masdar signs $3.43 billion deal to acquire Greece’s Terna Energy

Offer values Terna Energy's total equity at 2.4 billion euros with an enterprise value of 3.2 billion euros

Dubai’s real estate: A magnet for global wealth

Near constant investments in infrastructure and connectivity have provided a robust foundation for economic growth and high living standards

UAE’s ADDED partners with Broaden Energy to establish $272.2 million hydrogen manufacturing hub in Abu Dhabi

The new investment will create new job opportunities and stimulate economic development through innovative industrial solutions

QatarEnergy enters 10-year naphtha supply agreement with India’s Haldia Petrochemicals

Agreement commencing in Q2 2024 will be facilitated through QatarEnergy's HPL Global Pte Ltd

U.S. pledges $130 million to support Egypt’s development efforts

This partnership will contribute to stimulating Egypt’s private sector participation in diverse projects