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FDIs

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.
  • FDI inflows into Saudi Arabia fall 14.4 percent in third quarter: GASTAT

    Riyadh, Saudi Arabia -- Foreign Direct Investment inflows into Saudi Arabia hit SAR 17 billion in the third quarter of 2023, a decrease of 14.4 percent compared to the second quarter, the Kingdom's General Authority for Statistics (GASTAT) said.The total FDI outflows reached SAR 5 billion, a decrease of 22.5...
  • UAE gets 41% of all FDI projects to Arab countries in 2 decades

    The UAE received 41 percent share of the entire foreign direct investment projects all Arab countries attracted between 2003 and 2021 and as per the Arab Investment Export Credit Guarantee Corporation, all the Arab countries received a total capex of US$1.3 trillion over the last 19 years.
  • Kingdom of Saudi Arabia standing at complex crossroads

    By Al Emid The Kingdom of Saudi Arabia currently stands at so many crossroads — and rather complex ones, it may be added — that a short magazine article cannot do more than just consider some of the more striking examples. The paths that KSA chooses at these crossroads will...
  • How EB-5 Investor Program reform will boost GCC investment in US

    The US Congress is likely to pass a long-term reauthorization of Employment-Based (EB-5) Investor Immigration Program in March before the program expires on March 23, 2018, that would reform and extend the popular immigration through investment program and help the US create more jobs, a top official said. “The US...