investment

Saudi Arabia’s PIF sells 2 percent stc stake, raises $1.03 billion

PIF’s remaining stake in stc equates to 3.1 billion shares or 62 percent

COP29: Troika assesses ‘Roadmap to Mission 1.5°C’

Leaders’ Summit of the Small Island Developing States (SIDS) on Climate Change takes center stage

Abu Dhabi’s TAQA reports $1.7 billion net income during first nine months of 2024

The Group posted revenues of $11.3 billion, reflecting a 6 percent increase from the same period in 2023

ADNOC L&S Q3 net profit up 18 percent YoY to $175 million

The company reported revenues of $2.66 billion, representing a 38 percent increase compared to the same period in 2023

Bitcoin soars past $90,000 amid Trump-fueled crypto rally

Trump embraced crypto during his campaign, promising to make the U.S. the 'crypto capital of the planet'

COP29: Multilateral development banks’ climate financing to reach $120 billion by 2030

At COP29, Sweden also pledged approximately $19 million to the fund for responding to loss and damage

Global South presents sustainable investment opportunities for Middle East sovereign wealth funds: Report

In the Global South, critical areas like water and sanitation, food security, education, forestry, and biodiversity conservation, remain largely untapped

UAE-Japan ties: Abu Dhabi Crown Prince explores stronger bilateral ties with governor of Tokyo

In September this year, the UAE and Japan launched talks to reach a Comprehensive Economic Partnership Agreement

COP29 World Leaders Climate Action Summit opens in Baku

Summit seeks to implement and transform key climate-related decisions into concrete actions and credible plans to tackle climate change

Top 5 market highlights to monitor this week

Investors are focusing on upcoming inflation data for clues on how the economy may shift after the election results 

Why are gold prices falling after Donald Trump’s US election win?

Higher inflation levels may force the Fed to a slower easing path, further supporting the dollar and impacting gold prices