The fund has an existing portfolio valued at US$158m.
ABU DHABI, UAE - Secretary-General of the Organization of Petroleum Exporting Countries Haitham Al Ghais said that OPEC is in...
Microsoft for Startups Middle East Wednesday announced it has opened a second round of applications for Microsoft for Startups’ highly...GrowthX Accelerator and Highway to 100 Unicorns are part of a strategic partnership between Microsoft and the Abu Dhabi Investment Office.
The GrowthX Accelerator brings together corporates with challenges and startups that can build field-ready solutions.
Ras Al Khaimah is taking steps to further enhance its growing healthcare sector through the continuation of an alliance between...The critical areas of collaboration with CommonSpirit will include digital innovation, training and education, clinical alignment, care coordination
Among the care centers widely recognized with clinical expertise in DHI’s US network are the Barrow Neurological Institute in Phoenix, Arizona
Dubai's largest bank sees its net profits rising to $2.5 billion in 2021 from $1.9 billion in 2020.The bank, the second largest lender in the United Arab Emirates, said its net profits rose 34 percent to $2.5 billion, from $1.9 billion in 2020.
The bank has set aside $1.6 billion in impairments, covering loan losses, a 26-percent decrease from last year, due to improving economic conditions
Istanbul Airport closed on Monday for the first time since it took over from the old Ataturk Airport as the...Istanbul Airport closed on Monday for the first time since it took over from the old Ataturk Airport as the global hub of Turkish Airlines in 2019
Fuming passengers complained on Twitter about a lack of regular updates from Turkish travel officials and poor customer service
The discussion happened at the first session of the Jordanian-Tunisian Joint Trade Committee.The meeting was attended by Secretary-General of Jordan’s Ministry of Industry, Trade and Supply Dana Al-Zoubi
Head of the Cabinet of Minister of Trade and Export Development in the Tunisian Ministry of Trade, Khaled bin Abdullah, also attended
Steve Griessel, the new CEO of the Paramount Group will be providing strategic, financial and operational leadership to the company...South Africa born Griessel has served several companies as CEO in South Africa and the US
Griessel has business leadership and senior management experience of more than 30 years
- Masdar, one of the world’s leading renewable energy companies, and W Solar Investment, a subsidiary of Alpha Dhabi Holding, and...
The new company, MW Energy Limited, will act as a development platform, focusing initially on a pre-identified pipeline of projects
The JVC will focus initially on the development of pre-identified projects, primarily in Africa and in the Commonwealth of Independent States (CIS) region
- Around 31 million visitors are expected to enter the UAE yearly by 2025 as the country has initiated several measures...
UAE’s total annual visitor spending is expected to reach about $64bn in 2028.
Tourism is expected to contribute $76bn annually to the UAE's GDP by 2028.
Saudi Arabia and Romania signed on Tuesday a defense cooperation agreement that covers training, exchange of expertise, technologies, developing communications...The pact includes training, exchange of expertise, technologies and developing communications systems.
The agreement is in line with the two sides’ commitment to promote and encourage international peace, media reports said.
According to a report by General Authority for Statistics (GASTAT), the overall merchandise exports of Saudi Arabia increased by 82.5%...The value of exports amounted to SAR 107.3 billion ($28.61 billion) in November 2021, up from SAR 58.8 billion ($15.68 billion) in November 2020
This increase originated mainly from oil exports, which rose by SAR 43.1 billion ($11.49 billion) or 112.8% in the same period
