investment

Dubai real estate market hits record transactions in 2023

Off-plan market and secondary deals drive sector's robust growth

South Korea’s H2O Hospitality establishes regional headquarters in Abu Dhabi

The new headquarters will serve as a catalyst for the company's international expansion beyond Asia

FedEx inaugurates $350.93 million hub at Dubai World Central

The new facility boasts AI-equipped high-speed X-ray machines

Dubai’s food and beverage sector attracts $577 million in new FDI

The UAE accounted for the largest share of venture capital investments in the Middle East’s restaurant tech sector from 2018 to 2023

Saudi Arabia’s Aramco plans bond issuance in 2024

Aramco will now be able to capitalize on recent declines in global interest rates

UAE, France forge agreement to establish bilateral climate investment platform

The MoU took place during the 2nd plenary meeting of the UAE-France High-Level Business Council in Paris

Saudi Arabia’s PIF acquires 40 percent stake in Zamil Offshore Services Company

The investment aims to enhance the financial resources of Zamil Offshore

NEOM and MDLBeast launch mega beach club on $500 billion Sindalah Island project

Mega project launches first destination amidst ambitious transformation plans

Saudi Arabia launches $373 million road projects in Makkah

Improving transportation network and serving pilgrims

Alibaba forges strategic partnerships with local Gulf companies

Chinese E-commerce giant strengthening ties with Saudi Arabia and the UAE

Bitcoin market value tops $1 trillion with support from U.S. spot ETFs

Bitcoin's price peaks at $52,079 amid inflows to exchange-traded funds

113th Arab Economic & Social Council: UAE reiterates support for joint efforts to achieve sustainable economic development

H.E. Bin Touq highlights UAE’s keenness to strengthen Arab level cooperation in new economy sectors

TAQA net profit up 107 percent at $4.5 billion in 2023

Growth driven by strong demand for transmission and distribution services

WGS 2024: OPEC fund commits $27 billion to support 4,000 development projects in 125 countries

UAE played key role in supporting OFID's sustainable development initiatives

Red Sea Global secures $533 mn financing deal for luxury hotel on Shura Island

Investment bolsters Saudi Arabia's tourism sector, supports Vision 2030

Türkiye issues $3 billion 10-year eurobonds, sees strong demand

Capitalizing on investor confidence amidst significant changes in economic strategy

Dewa’s Q4 2023 profits surge 14.6 percent

Robust financial performance driven by increased demand and clean energy initiatives

Dragon Oil to drill first well in Turkmenistan’s Block 19 in December

Government-owned company expands investments in the oil sector

PIF Private Sector Forum strengthens economic vision through strategic partnerships

Event concludes with commitment to Saudization and private sector empowerment