investment

Saudi Arabia leads global shift in data and AI in 2024, achieves top ranks in key indicators

Saudi Arabia has achieved first place globally in several areas, including the Government Strategy for AI Pillar

Abu Dhabi’s Q3 2024 GDP expands 4.5 percent, marking record quarterly high of $82.2 billion

Non-oil sector grew 6.6 percent, showcasing the emirate's strong economic momentum

Strong economy boosts UAE stock markets, resulting in $70 billion market cap growth

By the end of 2024, the Dubai and Abu Dhabi stock exchanges' market cap exceeded $1.06 trillion

Oman’s 8th Ijarah sukuk auction generates $849 million, oversubscribed by three times

The average acceptable return was set at 4.75 percent, with a maximum acceptable return of 4.85 percent and a minimum of 4.6 percent

Egypt approves $131 million agreement with AfDB for private sector development

This approval follows a EUR1 billion EU support initiative endorsement

OPEC Fund grants $20 million loan to support agricultural development in Malawi

This initiative will promote food security, reduce poverty, and improve livelihoods for 130,000 individuals

Saudi Arabia’s net FDI inflows rise 37 percent to $4.26 billion in Q3 2024

Net FDI inflows declined 24 percent year-on-year from SAR21.1 billion during the third quarter of 2023

ADNOC’s ICV Program to drive $54.45 billion into UAE economy over next 5 years

In 2024, the company reinvested AED55 billion into the UAE’s economy and created 5,500 jobs for UAE Nationals

Oil prices dip 6 cents with Brent at $74.11 as investors watch for China and U.S. data

U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel

Saudi Red Sea Authority issues 12 new licenses to promote coastal tourism sector

Sindalah Marina, Dolphin Beach Resort, and Jeddah Marina are among those awarded operator licenses

Dubai real estate market: 5 trends investors need to know in 2025

With property prices expected to rise by 8 percent in 2025, Dubai offers lucrative opportunities for both individual and institutional investors