Saudi startups were the biggest beneficiaries of LEAP24 tech conference, securing the lion's share of the total investment of S254...
The burgeoning construction sector in Saudi Arabia is fostering the expansion of its talent pool and consolidating its regional leadership,...
Abu Dhabi, China’s Shandong agree to work towards boosting investment opportunitiesThe MoU aims to enhance industrial cooperation, facilitate delegation visits, investor meetings
It seeks to organize entrepreneurship, management consultancy training programs between companies
- Protection and Promotion of Investments Agreements aim to protect investments from all non-commercial risks like nationalisation, expropriation, and sequestration.
Protection and Promotion of Investments Agreements aim to protect investments from all non-commercial risks like nationalisation, expropriation, and sequestration
The agreement also provides compensation for the investor if his investments are destroyed as a result of wars, conflicts, civil disobedience, or demonstrations
The two sides launched their negotiations on June 6, during which they discussed many topics aimed at enhancing investments between...The two sides launched their negotiations on June 6, during which they discussed many topics aimed at enhancing investments between the two sides
Head of the GCC Negotiating Team, Abdurrahman bin Ahmed Al-Harbi stated that the agreements follow the directives of the leaders of GCC member states
The UAE remained the largest recipient of FDI with flows increasing from US$19.88 billion in 2020 to US$20.7 billion in...The UAE remained the largest recipient of FDI with flows increasing from US$19.88 billion in 2020 to US$20.7 billion in 2021
The report showed that global flows of FDI recovered to pre-pandemic levels last year, reaching US$1.58 trillion, an increase of 64 percent compared to 2020
With proliferation of smart home technology and advanced Wi-Fi connectivity, a smart home is achievable to anyone, says Sharjah Sustainable...With proliferation of smart home technology and advanced Wi-Fi connectivity, a smart home is achievable to anyone, says Sharjah Sustainable City CEO Yousif Ahmed Al-Mutawa
The UAE is proactively embracing digital technologies to promote sustainability and ensure that GCC remains well-positioned to evolve into a power-packed digital economy
Saudi Arabia's Industrial Production Index (IPI) in April 2022 increased by 26.7 percent compared to the same month last year....Growth attributed to the high production in mining, quarrying and manufacturing activity.
The IPI is an economic indicator that reflects the relative changes of the volume of industrial output.
- The UAE Minister held a series of high-level meetings with government and business leaders in South Korea to strengthen bilateral...
The UAE Minister held a series of meetings with govt leaders in South Korea
The Minister held meetings with business leaders in South Korea
- Middle East, Africa and Southern Asia (MEASA) has the world’s highest growth potential, according to a report by the New...
Over the last decade, MEASA GDP per capita has almost doubled in real terms, outpacing the growth of the rest of the world.
However, while this century's entire world population growth projected will originate from MEASA, yet it accounts only for 15 percent of global GDP.
Saudi Arabia finalized investment worth SR15.2 billion ($4 billion) in the first quarter of 2022 and closed 101 investment deal...The country finalized 101 investment deals in the first quarter of 2022
The investments reflect a 225 percent increase from the same period last year
Iraq passed Wednesday an emergency finance bill to pay debts to Iran to ensure gas supplies and forestall worsening power...Iraq's agricultural sector contracted by 17.5 percent last year "following severe droughts, energy outages, and the rising global price of inputs", according to the World Bank
Despite its immense oil and gas reserves, Iraq remains dependent on imports to meet energy needs
