investment

ADNH Catering shares listed on ADX following successful IPO

The IPO raised gross proceeds of AED864 million, implying a market capitalization of AED2.16 billion at listing

UAE’s real GDP expected to expand by 5.1 percent in 2025, according to IMF

Globally, growth is expected to remain stable but lackluster, with projections of 3.2 percent for both 2024 and 2025 

Sheikh Mohammed bin Rashid meets local investors, businessmen at Zabeel Palace

Sheikh Mohammed engaged with attendees on a range of topics related to Dubai’s development journey

Finance House to invest $81.67 million in Abu Dhabi capital market

This collaboration seeks to enhance market liquidity and financial stability, aligning with the ADX’s vision 

Sharjah Chamber hosts Japanese delegation, discusses enhancing economic cooperation

The Chamber seeks to boost knowledge exchange and collaboration between investors from both nations

Abu Dhabi, Dubai crowned top cities for expats’ ease of entry globally

Dubai, Abu Dhabi, Riyadh, and Dammam demonstrated adaptability in the face of global economic and geopolitical challenges

Saudi flynas partners with VCM on carbon offsetting, environmental protection, and sustainability

The deal supports the Kingdom's climate ambitions to achieve net zero emissions

RAKEZ strengthens ties with Canada as bilateral trade exceeds $2 billion

A key highlight of a recent roadshow was an exclusive event in collaboration with the Canada India Foundation in Toronto

Modon sells out phase one of Maysan project on Reem Island within hours

The overall design of the over-600,000-square-meter project is inspired by boutique-style inside/outside living

UAE, Russia presidents discuss strategic partnership in key sectors at Moscow meeting

Presidents reviewed progress in UAE-Russia relations in the areas of economy, trade, investment, space and energy

Saudi Arabia’s PIF launches Sarcc to meet growing staff accommodation demand

Company will foster the Saudi private sector by enabling long-term investment and partnership along the industry's value chain

TECOM Group acquires Office Park in Dubai Internet City for $196 million

Currently generating annual revenue exceeding AED60 million, TECOM Group will recognize this income starting Q4 2024