investment

UAE’s ADNIC posts net profit of $27.4 million for Q1 2024

The solid performance is attributed to ADNIC's strong underwriting discipline and substantial growth in key metrics

ATM 2024: Egypt seeks GCC investment boost for tourism development

Egypt targets attracting 30 million tourists by 2028 in light of additional funding for more tourism development projects

UAE introduces new framework to boost public-private partnership projects

The law seeks to promote private sector investment and involvement in federal government-led infrastructure projects

UAE’s DIFC hosts 900 fintech firms, fuelling sector innovation and growth

Mohammad Alblooshi, chief executive officer of the Innovation Hub, DIFC, underlined the role of technologies in driving the expansion of the financial sector

Abu Dhabi’s Mubadala to invest in $4.2 billion urea plant in Australia

The state-of-the-art facility is expected to produce over two million tons of urea annually

AIM Congress 2024 begins in Abu Dhabi

The event aims to formulate investment strategies and policies, and promote investment and economic opportunities

UAE and New Zealand begin economic partnership negotiations to boost trade, investment

In 2023 alone, the total trade volume between the UAE and New Zealand reached an impressive $764.5 million

ATM 2024: Dubai’s Emirates, China Cultural Centre join forces to amplify tourism opportunities

The agreement aims to enhance inbound travel from Emirates' global network to China

Saudi Arabia allocates $2.5 billion to Middle East Green Initiative

Central to Saudi Arabia’s strategy for addressing climate change is the implementation of afforestation programs

UAE’s Alpha Dhabi posts $1.25 billion net profit in Q1 2024

The strong financial performance across the group during Q1 '24 was highlighted by a record revenue of $3.86 billion

Saudi Arabia’s Vision 2030 will need around $1 trillion in investments over several years: Report

Non-oil economy will continue to grow with increased government investments in Vision 2030 projects

Dubai FinTech Summit kicks off, to discuss latest sector innovations, challenges

The MENA fintech landscape is booming with over 800 fintech startups worth $15.5 billion