investment

Arcapita and Dgpays consortium acquires majority stake in NEOPAY from Dubai’s Mashreq

The transaction values NEOPAY at approximately $385 million, pending regulatory approvals

UAE issues treasury bonds, Islamic sukuk worth $6.81 billion since 2022

The programs saw the issuance of treasury bonds worth $3.05 billion and Islamic sukuk worth $3.76 billion

RAKEZ boosts UAE-India economic ties, collaborates with CEPA Council

India is a key market for RAKEZ, which is already home to over 6,000 Indian investors

Sharjah’s Arada completes phases 2 and 3 of Masaar: 986 homes handover begins in 19 million square foot masterplan

Masaar, organized into six gated districts, encompasses a total of 3,000 villas and townhouses 

Arab stock exchanges’ market cap grows 0.52 percent to $4.268 trillion in August

The Egyptian stock exchange led the Arab stock exchanges with the largest monthly increase of 4.64 percent

New Georgian Business Council established by Dubai Chamber of Commerce to boost trade, investment

This initiative enhances collaboration between Dubai and Georgia's private sectors 

Oman-China trade exceeds $27 billion in 2023, enhancing economic ties and investment opportunities: OCCI

Al Saadi pointed out that the private sectors in both nations are crucial to driving mutual partnerships 

Alef Group launches Samr 1 neighborhood in $953 million Hayyan development, Sharjah

New residential development consists of 180 units including townhouses and standalone villas

Elliott Hill returns to Nike as President & CEO: What this could mean for the brand’s future? 

Hill spent 32 years at Nike, holding senior roles across Europe and North America, and helped grow the business to over $39 billion 

Sharjah Investment Forum 2024 attracts 5,000+ attendees, paving path to smart economies

The event highlighted Sharjah’s strategic role as a prime destination for FDI