investment

UAE’s banking sector net international reserves up 11 percent to $346.58 billion by end July 2024

CBUAE’s gold reserves grew by 23.5 percent YoY, reaching AED21.28 billion by the end of July

UAE launches $136.1 million community initiatives to enhance well-being of senior citizens, women, and children

These initiatives offer a framework for long-term impact by developing human capital

GCC region’s IPO outlook remains positive for 2024 despite slower Q3: Report

Outlook for the GCC IPO market remains positive with a healthy IPO pipeline of companies from a diverse range of sectors

Sheikh Hamdan announces partnership with Microsoft to equip one million people with AI skills by 2027

His Highness: “As we usher in the AI era, mastering AI skills is crucial for fostering innovation and driving economic sustainability”

Sheikh Hamdan launches ‘71 Challenge’ to empower young government leaders

Sheikh Hamdan: “Young people are the driving force behind our nation's progress, fuelling its development and innovation”

UAE’s debt capital markets grow 13.1 percent YoY to $294.4 billion by Q3 2024: Fitch

This growth highlights the country's evolving financial landscape and its strategic role within the sukuk market

Dubai International Chamber establishes representative office in Kazakhstan to boost trade, investment

This initiative is part of 'Dubai Global,' which aims for 50 offices worldwide by 2030 

TA’ZIZ announces over $2 billion contracts for key infrastructure projects in Abu Dhabi

TA'ZIZ is set to commence production in 2027, targeting an output of 4.7 million tons per annum of chemicals by 2028

Lulu Retail’s IPO raises $1.72 billion, share price set at $0.56

The offering garnered aggregate demand exceeding $37 billion from local, regional, and international investors

ADIPEC 2024: Industry leaders highlight AI’s critical role in sustainable energy future

Experts debate AI’s role in boosting efficiency, enhancing resilience and unlocking investment while addressing its environmental impact

Mastercard joins Buna to facilitate seamless cross-border payments into and out of MENA region

The move will allow global financial institutions to send fast, cost-efficient payments to Buna via Mastercard Move