investment

Listed firms in GCC report $60.7 billion in net profits, 8.1 percent QoQ growth

Dubai's YoY profit growth reached 30.9 percent in Q2 2024, totaling $6.7 billion

ADFW 2024 set to begin on December 9, to host 50 events

Last year’s edition of ADFW hosted over 3,300 directors and executives from leading global financial firms

Dubai’s Dragon Oil opens new regional office in Turkmenistan, eyes additional offshore concessions

Dragon Oil seeks to raise its total production in the countries where it operates to 250,000 barrels per day by the end of 2025

Dubai’s wealth management sector sees 62 percent surge in authorized entities in H1 2024: DFSA

The DFSA facilitated the expansion of capital markets in the DIFC, which remains the world’s largest ESG sukuk market

NMDC Energy gets IPO approval, to list 1.15 billion shares

Subscription period to open on Friday, August 30, 2024, for individual investors in the UAE

Dubai Centre for Family Businesses introduces new guide on governance, strategic services

This guide provides an overview of Family Office governance structures, their expertise, services, and key benefits

Emirates Group highlights 38 percent contribution of Emirati women to workforce growth

The Group supported 70+ Emirati women through leadership programs

UAE: $9.52 billion surge in AUM by portfolio management companies, investment funds

The SCA reported an 83 percent increase in authorized companies this year, rising from 18 to 33 since January

Saudi Arabia’s PIF signs $15 billion revolving credit facility with 23 international financial institutions

The facility has a duration of three years and is extendable for up to two additional years

IMF eases some conditions on Egypt’s $8 billion finance package

Egypt's economic growth to increase to around 5.5 percent as structural reforms to strengthen the business climate pay off

Dubai Chamber of Commerce launches ESG Label to promote sustainable business practices

The label helps organizations assess their ESG preparedness and maturity, earn recognition, and drive business growth