investment

Sharjah ruler approves largest ever budget of $11.1 billion

Spending rose more than 16 percent year-on-year

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

MODON unveils SAR538 million industrial cities development plan

Partners with state-owned companies to boost economic growth

Cryptocurrencies start off 2024 strong, Bitcoin exceeds $45,000

Bitcoin records three percent increase in today's trading

UAE’s economic partnership agreements expand in 2023

New trade accords signed, more in pipeline

DFM witnesses 57,000 surge in new investor accounts

Growth fueled by IPOs and online trading trends

UAE prepares for a packed 2024 calendar of events

From tech to real estate expos, the UAE showcases global competitiveness

What were the best-performing Wall Street stocks of 2023?

Inflation and rising interest rates had little impact on the US stock market

UAE real estate sector marks unprecedented achievements in 2023

Residential transactions in Abu Dhabi grew by 56 percent, recording AED67.8 billion

Saudi Arabia’s The Avenues Khobar secures SAR4.35 billion funding

One of the largest tourism projects in the Eastern Province

PIF invests in aerospace engineering company, Saudia Technic

Investment supports 1 million square meter MRO village in Jeddah

UAE economy emerges as the most competitive as per Arab Monetary Fund

Continuous advancements key behind nation’s exceptional performance

CBUAE report reveals strongest-performing sectors in Q3 of 2023

Real estate, tourism and aviation showed robust performance

Central Bank of Oman raises OMR29.45 mn through T-bills allotment

T-bills with a 28-day maturity were valued at OMR10 mn

New AI-powered space technology company launches in Abu Dhabi

Company's implied market capitalization stands at $4 bn

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

Saudi Arabia raises SAR10.55 bn in local sukuk in December

The total volume of bids amounted to approximately SAR14.125 billion

CBUAE budget balance reaches AED647.6 billion in October

Balance sheet includes AED283.9 billion in cash and AED206 billion in investments

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

IIF: GCC gross foreign assets set to reach $4.4 trn by 2024

GCC's foreign asset projections and shifting investment strategies

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