investment

Investor confidence high, UAE and Saudi Arabia set for gains this year: EFG Hermes official

Dependence on oil, high inflation rates and external debt are some challenges frontier and emerging markets in the MENA regions face

Key takeaways from the 18th EFG Hermes annual one-on-one conference opening session

Exploring the depth of FEM and the inherent potential of the region

Sheikh Hamdan launches Dubai Farms program to boost emirate’s sustainable agriculture sector

The program seeks to enhance crop sustainability for increased GDP contribution in the emirate

Saudi Arabia launches $11.2 billion tourism initiative, aims for 120,000 jobs

The new program aims to boost business and attract local and international investors

LEAP 2024: Cisco to establish new regional HQ in Riyadh

The company also extended its country digitization program to support digital transformation

UAE government issues 151 financial sector decisions in 2023

Sheikh Mohammed bin Rashid reviews progress and international standing

Bitcoin hits new two-year high, surges over $65,000

Cryptocurrency market reaches new heights as investor confidence accelerates

Sharjah successfully issues $750 million sustainable bonds

Bank of Sharjah acted as joint lead manager and bookrunner

Saudi Arabia’s Tourism Development Fund set to transform Riyadh’s downtown

Collaboration marks a milestone in Riyadh's evolution in line with Vision 2030

UAE President Sheikh Mohamed launches $150 million plan to address global water scarcity

Partnership announced between Mohamed bin Zayed Water Initiative and XPRIZE

Nasdaq hits two-year high on AI optimism as Nvidia leads the charge

Investor confidence in AI drives the market first record high close since 2021

UAE’s ADNOC acquires 24.9 percent stake in Austria’s OMV

The transaction has increased UAE firm’s shareholdings in Borealis and Borouge

G20 FMCBG: Al Hussaini highlights UAE’s commitment to promoting financial inclusion and reducing inequalities

The minister highlighted the country's interest in strengthening economic and financial cooperation

With $2.5 trillion in mineral resources, Saudi Arabia set to become global mining hub

Saudi Arabia's Vision 2030 serves as the driving force behind the nation's strategic endeavors in the mining industry

ADNOC recognized as top NOC investor in low-carbon solutions: Report

The company was also ranked 5th largest investor in the industry in 2023

Bitcoin surges to over $63,000 amidst rising institutional interest

Investor enthusiasm fuels cryptocurrency's remarkable monthly gains

Egypt inks 7 agreements with international developers to attract $41 billion over 10 years

The agreements are centered in the fields of green hydrogen and renewable energy

Investopia 2024: MoU signed with Emirates Motor Company for cooperation in innovative transportation

The deal aims to develop innovative, sustainable solutions in the automotive industry

Investopia 2024: 11 panels exploring investment opportunities in new economy

The discussions highlighted urgency of investing in human capital, achieving carbon neutrality

FAB targets $81.68 million annual revenues from China operations by 2026

FAB seeks to triple revenues and strengthened bilateral ties with China

Dubai Islamic Bank issues landmark $1 billion sustainable sukuk

An over-subscription of 2.5 times demonstrates investor trust in the lender

Qatar to invest $10.85 billion in French start-ups

The deal covers various sectors such as energy, artificial intelligence, health, and hospitality