investment

UAE gold prices dip AED1.25, global rates rise amid Trump tariffs

Trump’s tariffs on products from Canada, Mexico, and China took effect just after midnight ET on Tuesday

PIF, Goldman Sachs Asset Management to partner on investments in Saudi Arabia and GCC

PIF will act as a strategic anchor investor for new private credit and public equity strategies in Saudi Arabia and the wider GCC region

Dubai real estate sales grow 39.91 percent to $13.91 billion in February 2025

Last month’s total of 16,099 transactions represented a 35.5 percent increase in volume, making it one of the best-ever months on record

Asia accounts for 62.7 percent of multinational companies attracted by Dubai International Chamber in 2024

This emphasizes Dubai’s escalating reputation as a pivotal investment hub for international corporations

Egypt to benefit from $94.3 million EU loan to boost food security

The country further sought approval for the EUR4 billion package and emphasized SCZONE as key investment destination.

UAE gold prices rise AED2.5, global rates fall amid Trump tariff caution

Trump announced 25 percent tariffs on Mexico and Canada, starting Tuesday, and doubled Chinese tariffs to 20 percent

MENA startups raise $494 million across 58 deals in February, up 371 percent 

Startups in Saudi Arabia raised $250.3 million across 25 deals last month, leading the region in fundraising

Saudi Arabia: Real estate sector’s contribution to GDP doubles to 12 percent in 2024

In Riyadh, the villa market has seen steady growth, with average prices now approaching SAR6,000 per square meter

Abu Dhabi real estate transactions hit $4.69 billion in first two months of 2025

Sales transactions since the beginning of the year totaled AED9.8 billion across 2,676 transactions

Bitcoin dips below $92,000 following 11 percent surge on Trump’s U.S. strategic reserve plans

The U.S. strategic stockpile will include bitcoin, ether, XRP, solana and cardano

Economic data, ECB rate decision to drive market sentiment this week as U.S. tariffs loom

In GCC markets, investor sentiment could be impacted by concerns over the economic fallout from new U.S. tariffs on China, Canada and Mexico

Investopia 2025: UICCA, UAE Ministry of Economy partner to reinforce sustainability through launch of Circular Economy Cycle

The agreement cultivates sustainable economic growth by supporting a nurturing ecosystem for climate-focused startups