United Kingdom

GCC sovereign wealth funds deploy $55 billion in first 9 months of 2024: Report

The region now has seven active stock exchanges that host 877 listed companies with an aggregate market capitalization of $4.3 trillion

Abu Dhabi-based ADQ’s $2 billion bond issuance to list on London Stock Exchange

Dual-tranche offering includes a $1 billion seven-year bond due in 2031 and a $1 billion 30-year bond due in 2054

Dubai’s Emirates launches luxurious new lounge at London Stansted Airport 

This new lounge is Emirates' sixth in the U.K., alongside those at Heathrow, Gatwick, Birmingham, Glasgow, and Manchester 

Gold price hits new all-time high at $2,589 on larger rate cut bets, UAE prices steady

The U.S. dollar index fell 0.25 percent to 100.86, making gold less expensive for other currency holders

Abu Dhabi’s Hub71 welcomes 21 startups with $134.9 million in funding

Seven startups will join Hub71+ ClimateTech, gaining tailored resources for their sustainability missions

Travel industry set to add record $11 trillion to global GDP in 2024

The industry's contribution to global GDP is expected to rise by 12.1 percent year-over-year

Kuwait Warba Bank’s $500 million sukuk issuance on London Stock Exchange draws $1.8 billion in 3.5x demand

These five-year sukuk support projects advancing ESG goals aligned with sustainability objectives

Global video game market expected to reach $257 billion by 2028: Key trends and insights

Over 25 percent of revenue invested in marketing by companies under $1 billion

UAE’s AD Ports climbs to 19th place in 2024 global rankings: Report

The port operator expanded to 33 terminals across 8 countries in 2024

Visa-free travel to Sri Lanka: UAE, Saudi Arabia, and 33 other countries granted access

Saudi Arabia ranked third as a potential market for Sri Lankan tourism in June 2024

Falling interest rates drive 87 percent of GCC investors to eye U.K. in 2024: Survey

73 percent of Saudi investors have considered investing in U.K. property and 75 percent are eyeing Birmingham or Manchester

Abu Dhabi’s Mubadala expands data center assets portfolio with Yondr Group investment

Global cumulative data center demand is expected to grow at an 11 percent CAGR by 2032