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Economy, Geostrategy

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Oman, Egypt to find ways to establish Joint Investment Fund

The Sultan of Oman and the visiting Egyptian President Abdel Fattah El Sisi held talks on Monday.
By TRENDS Desk
June 29, 2022 12:00 pm
  • In a joint statement, the two countries directed their respective competent authorities to discuss investment opportunities in various fields
  • They also discussed investment opportunities in various fields, especially energy and renewable energy projects, industry, health and pharmaceutical industries

The Sultan of Oman and the visiting Egyptian President Abdel Fattah El Sisi on Monday agreed during their talks to examine ways to establish a Joint Investment Fund to invest in feasible projects in various vital sectors.. 

In a joint statement, the two countries directed their respective competent authorities to discuss investment opportunities in various fields, especially energy and renewable energy projects, industry, health and pharmaceutical industries, real estate development, tourism, petrochemicals, transformational industries, and information technology.

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