investment

Abu Dhabi’s Mubadala to invest in $4.2 billion urea plant in Australia

The state-of-the-art facility is expected to produce over two million tons of urea annually

AIM Congress 2024 begins in Abu Dhabi

The event aims to formulate investment strategies and policies, and promote investment and economic opportunities

UAE and New Zealand begin economic partnership negotiations to boost trade, investment

In 2023 alone, the total trade volume between the UAE and New Zealand reached an impressive $764.5 million

ATM 2024: Dubai’s Emirates, China Cultural Centre join forces to amplify tourism opportunities

The agreement aims to enhance inbound travel from Emirates' global network to China

Saudi Arabia allocates $2.5 billion to Middle East Green Initiative

Central to Saudi Arabia’s strategy for addressing climate change is the implementation of afforestation programs

UAE’s Alpha Dhabi posts $1.25 billion net profit in Q1 2024

The strong financial performance across the group during Q1 '24 was highlighted by a record revenue of $3.86 billion

Saudi Arabia’s Vision 2030 will need around $1 trillion in investments over several years: Report

Non-oil economy will continue to grow with increased government investments in Vision 2030 projects

Dubai FinTech Summit kicks off, to discuss latest sector innovations, challenges

The MENA fintech landscape is booming with over 800 fintech startups worth $15.5 billion

Egypt’s Mashrou’ak program funds 211,000 projects worth $590 million: Minister

The Minister promoted investment and private sector activities in agricultural industrialization with 341 technological centers

South Korea, Asian Development Bank sign $2 billion agreement to support development projects

The cofinancing will support projects that include climate change, transportation, energy, agriculture, ICT

Saudi Arabia and Japan to collaborate on digital economy growth, technology innovation

Both parties discussed the progress made in various digital projects and joint initiatives under the Saudi and Japanese Vision 2030 frameworks

Iraq’s first solar power plant moves forward

To provide clean electricity enough to power 350,000 homes

UAE is on the path to becoming the AI capital of the world

As Sam Altman once said, the country has been ‘talking about AI since before it was cool’

Driving economic growth through technology

Harnessing Artificial Intelligence (AI) to combat global economic disruptions and achieve sustainable progress

Mohammed Al Naimi, CEO of ACT Group, optimistic about evolving business landscape in Saudi Arabia

Increasing competition, new technologies will help raise quality of products and services offered in the market

IHG thrives in the Middle East’s booming travel and tourism market

Leading hospitality brand to open 70 hotels in the region in the next few years

Pillars to boost Abu Dhabi tourism onward and upward with H.E. Saleh Al Geziry

Emirate is committed to celebrating its rich and unique cultural heritage and prioritizing authentic experiences

Egypt sets sail for renewable future with $9 billion FDI for 8 GW wind projects

The government signed two land receipt notes for carrying out the projects west of Sohag

Microsoft to commit $2.2 billion investment for cloud, AI services in Malaysia

The move will strengthen Malaysia's global AI development support

DFM’s new investor base grows 10 times as Dubai’s IPO market continues to boom

The market attracted nearly 44,000 new investors in Q1 this year, and 85 percent of them are international

ATM 2024 returns next week in Dubai, with over 41,000 attendees expected

The event will feature over 2,300 exhibitors from more than 165 countries and is set to welcome new destinations

Oman’s Hydrom secures $11 billion worth of contracts for green hydrogen projects

The country’s hydrogen production capacity reaches 1.38 million tons/year with new deals