investment

Cityscape Global 2024 concludes with over $61 billion in real estate transactions

Event attracted over 172,000 visitors and hosted more than 400 exhibitors, including some of the biggest local and global companies

COP29: Investor groups with over $10 trillion in assets commit to accelerating climate financing

Sweden announced a contribution of $730 million to the UN Green Climate Fund (GCF), bringing overall contribution to $749 million

Sharjah sees record-high real estate transactions of $1.2 billion in October

In terms of the type of traded property, there were 693 transactions for lands, 450 for units sold in towers and 272 for built-in land transactions

How are UAE, Saudi Arabia leading way in sustainable tourism?

Despite the clear benefits of sustainable tourism, several challenges and barriers hinder its implementation 

COP29: Egypt reiterates 42 percent renewable energy target for 2030, calls for international support

As of July 2024, solar, wind, and hydropower make up 11.5 percent of Egypt's electricity generation 

Saudi Arabia’s PIF sells 2 percent stc stake, raises $1.03 billion

PIF’s remaining stake in stc equates to 3.1 billion shares or 62 percent

COP29: Troika assesses ‘Roadmap to Mission 1.5°C’

Leaders’ Summit of the Small Island Developing States (SIDS) on Climate Change takes center stage

Abu Dhabi’s TAQA reports $1.7 billion net income during first nine months of 2024

The Group posted revenues of $11.3 billion, reflecting a 6 percent increase from the same period in 2023

ADNOC L&S Q3 net profit up 18 percent YoY to $175 million

The company reported revenues of $2.66 billion, representing a 38 percent increase compared to the same period in 2023

Bitcoin soars past $90,000 amid Trump-fueled crypto rally

Trump embraced crypto during his campaign, promising to make the U.S. the 'crypto capital of the planet'

COP29: Multilateral development banks’ climate financing to reach $120 billion by 2030

At COP29, Sweden also pledged approximately $19 million to the fund for responding to loss and damage

Global South presents sustainable investment opportunities for Middle East sovereign wealth funds: Report

In the Global South, critical areas like water and sanitation, food security, education, forestry, and biodiversity conservation, remain largely untapped