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Economy
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
Banking & Finance
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
Sustainability
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
Hospitality & Tourism
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
Saudi Arabia
LEAP 2024: Cisco to establish new regional HQ in Riyadh
The company also extended its country digitization program to support digital transformation
Economy
UAE government issues 151 financial sector decisions in 2023
Sheikh Mohammed bin Rashid reviews progress and international standing
Markets
Bitcoin hits new two-year high, surges over $65,000
Cryptocurrency market reaches new heights as investor confidence accelerates
Markets
Sharjah successfully issues $750 million sustainable bonds
Bank of Sharjah acted as joint lead manager and bookrunner
Miscellaneous
Saudi Arabia’s PIF and ATP forge long-term strategic partnership to drive global tennis expansion
The fund will become the official naming partner of the ATP Rankings
Sustainability
Abu Dhabi’s Masdar completes 49 percent stake acquisition in U.K. offshore wind project
Plant aims to power 3 million British homes
Hospitality & Tourism
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
Sustainability
UAE President Sheikh Mohamed launches $150 million plan to address global water scarcity
Partnership announced between Mohamed bin Zayed Water Initiative and XPRIZE
Markets
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
Banking & Finance
UAE’s ADNOC acquires 24.9 percent stake in Austria’s OMV
The transaction has increased UAE firm’s shareholdings in Borealis and Borouge
Banking & Finance
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
Industry
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
Sustainability
ADNOC recognized as top NOC investor in low-carbon solutions: Report
The company was also ranked 5th largest investor in the industry in 2023
Markets
Bitcoin surges to over $63,000 amidst rising institutional interest
Investor enthusiasm fuels cryptocurrency's remarkable monthly gains
Egypt
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
Logistics
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
Economy
Investopia 2024: 11 panels exploring investment opportunities in new economy
The discussions highlighted urgency of investing in human capital, achieving carbon neutrality
Banking & Finance
FAB targets $81.68 million annual revenues from China operations by 2026
FAB seeks to triple revenues and strengthened bilateral ties with China
Banking & Finance
Dubai Islamic Bank issues landmark $1 billion sustainable sukuk
An over-subscription of 2.5 times demonstrates investor trust in the lender
Economy
Qatar to invest $10.85 billion in French start-ups
The deal covers various sectors such as energy, artificial intelligence, health, and hospitality
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