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Economy
Sharjah ruler approves largest ever budget of $11.1 billion
Spending rose more than 16 percent year-on-year
Real Estate
Arada expands into Dubai acquiring AED600 million land in Zabeel
The 138,466 square-foot plot of land is located near the Index Tower and Central Park Towers
Industry
MODON unveils SAR538 million industrial cities development plan
Partners with state-owned companies to boost economic growth
Markets
Cryptocurrencies start off 2024 strong, Bitcoin exceeds $45,000
Bitcoin records three percent increase in today's trading
Economy
UAE’s economic partnership agreements expand in 2023
New trade accords signed, more in pipeline
Markets
DFM witnesses 57,000 surge in new investor accounts
Growth fueled by IPOs and online trading trends
Economy
UAE prepares for a packed 2024 calendar of events
From tech to real estate expos, the UAE showcases global competitiveness
Markets
What were the best-performing Wall Street stocks of 2023?
Inflation and rising interest rates had little impact on the US stock market
Real Estate
UAE real estate sector marks unprecedented achievements in 2023
Residential transactions in Abu Dhabi grew by 56 percent, recording AED67.8 billion
Economy
UAE stocks surge with over AED1 billion in liquidity
Market capitalization soars
Banking & Finance
Saudi Arabia’s The Avenues Khobar secures SAR4.35 billion funding
One of the largest tourism projects in the Eastern Province
Logistics
PIF invests in aerospace engineering company, Saudia Technic
Investment supports 1 million square meter MRO village in Jeddah
Economy
UAE economy emerges as the most competitive as per Arab Monetary Fund
Continuous advancements key behind nation’s exceptional performance
Economy
CBUAE report reveals strongest-performing sectors in Q3 of 2023
Real estate, tourism and aviation showed robust performance
Markets
Central Bank of Oman raises OMR29.45 mn through T-bills allotment
T-bills with a 28-day maturity were valued at OMR10 mn
Technology
New AI-powered space technology company launches in Abu Dhabi
Company's implied market capitalization stands at $4 bn
Markets
Oil prices decline amidst rise in U.S. inventory, global trade concerns
Crude prices face headwinds as market focus shifts to slow demand and trade disruptions
Markets
Saudi Arabia raises SAR10.55 bn in local sukuk in December
The total volume of bids amounted to approximately SAR14.125 billion
Economy
CBUAE budget balance reaches AED647.6 billion in October
Balance sheet includes AED283.9 billion in cash and AED206 billion in investments
Banking & Finance
SAR262.7 billion credit facility extended to SMEs in Saudi Arabia
Banking sector contributed the largest volume of credit facilities, with an estimated value of SAR245.3 billion
Banking & Finance
Saudi Arabia launches FinTech program Makken to boost financial innovation
Efforts fall under Financial Sector Development Program
Logistics
Unwavering government support to propel Saudi Arabia’s aviation sector towards global leadership by 2030
Kingdom is building an attractive hub for business and tourism
Economy
IIF: GCC gross foreign assets set to reach $4.4 trn by 2024
GCC's foreign asset projections and shifting investment strategies
Technology
Abu Dhabi’s Bayanat, Yahsat announce merger, creating global space tech powerhouse
$4.08 bn combined marker capital positions merger as key player in the evolving space economy
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