The newly inaugurated president remarked that he would “like to meet with President Putin soon” and “get the war ended,” highlighting the heavy human cost of the war where “millions of lives are being lost.

Doha, Qatar – The Qatar Investment and Innovation Conference, held on Wednesday, at Barahat Msheireb in Msheireb Downtown Doha, brought together a stellar lineup of speakers from across the Gulf Cooperation Council (GCC) and beyond. The conference also saw participation from regional and international experts, including Julien Hawari, CEO of Million...

The shift towards greater accessibility – which has accelerated particularly within the last five years – has opened up new opportunities for individual investors, allowing them to access sophisticated tools, strategies, and asset classes previously reserved for the wealthy elite, the author adds.

London, United Kingdom - The British government said Wednesday that it has agreed to a partnership with Qatar that will see the Gulf state invest 1 billion pounds ($1.3 billion) in climate technologies."The partnership is expected to create thousands of highly skilled jobs over its lifetime and will see the launch...

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Abu Dhabi, UAE - The UAE Ministry of Investment (MoI) announced today its support and key role in the advancement of the Ras El Hekma project and the participation of Emirati companies in its expansion and growth plan. This project is one of Egypt’s most ambitious coastal city developments.Located approximately...

San Francisco, United States - US credit rating agency Fitch downgraded Israel a notch on Monday, warning that its ongoing conflict against Hamas in Gaza could last "well into 2025" and weigh on economic activity.Fitch lowered Israel's rating from "A+" to "A"."The conflict in Gaza could last well into 2025 and...

"At this conference, European companies are signing over 20 new deals ... which are worth over 40 billion euros," Ursula von der Leyen said at the meeting in the Egyptian capital. The conference comes after a $7.9 billion EU funding package was signed in March to support the indebted North...

Geneva, Switzerland -- Global foreign direct investment (FDI) fell by 2 percent to $1.3 trillion in 2023 amid an economic slowdown and rising geopolitical tensions, according to the latest World Investment Report released by UN Trade and Development (UNCTAD).But the report highlights that the decline exceeds 10 percent when excluding...

The cost of investment in North Carolina plant is $1.2 billion.

Saudi startups were the biggest beneficiaries of LEAP24 tech conference, securing the lion's share of the total investment of S254 million.

AEMOB Forum will be held in Qatar from April 30 to May 2

The burgeoning construction sector in Saudi Arabia is fostering the expansion of its talent pool and consolidating its regional leadership, says Barry Lewis, CEO at ALEC, in an interview with TRENDS.

MUSCAT, OMAN – As part of its investment solutions and Sharia-compliant products and services, ahli islamic, ahlibank’s Islamic banking window, introduced the first of its kind Islamic Money Market Fund in the Sultanate.ahli islamic customers now have the opportunity to invest and gain exposure to attractive local and regional profit...

In power for the past decade, Sisi is set to remain president until 2030, after winning a December election with 89.6 percent of the vote against three relative unknowns. The six-year term is set to be the 69-year-old's last, unless he again ushers through a constitutional amendment prolonging his tenure.

Arcera will aim to improve the quality of "human life."

Abu Dhabi, UAE--The Abu Dhabi Chamber of Commerce and Industry has signed an agreement with the UAE International Investors Council to collaborate in investment and futuristic economic sectors.According to the agreement, the Abu Dhabi Chamber and the Council will exert their best efforts to eliminate any obstacles that may hinder...

Rohit Nanda, the new CFO, will take up his new job next month.

The automaker will make a bigger push to produce EVs.

Avanse is education-focused non-banking financial company.

Abu Dhabi, UAE--The Organisation of the Petroleum Exporting Countries (OPEC) has called for increased investments in the oil industry to meet global energy demands and sustain economic growth.According to its secretary general, Haitham Al Ghais, these investments are crucial for ensuring reliable energy supplies for current and future generations.In statements...

ABU DHABI, UAE – Minister of Economy and Chairman of Investopia Abdullah bin Touq Al Marri attended the unveiling of a new investment fund valued at US$10 million by the IOTA Ecosystem DLT Foundation during Investopia 2024.The fund's primary goal is to promote the development of TradeTech solutions and support...

The collaboration will bolster accessibility to ADX IPOs.

RIYADH, SAUDI ARABIA – Non-oil activities in the Kingdom have achieved a historic milestone, reaching a 50 percent share of the country's real GDP in 2023 – the highest level on record, according to an analysis of the General Authority for Statistics data by the Ministry of Economy and Planning.This...

ABU DHABI, UAE – The United Arab Emirates and Hungary have signed an economic cooperation agreement aimed at stimulating trade and investment between the two nations.  The agreement was signed in the Hungarian capital Budapest by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Péter...

The insurance provider had suffered a loss of $18.15m in 2022.

Its net profit fell five percent to 13.1 billion kroner ($1.24bn).

Athens, Greece-- The UAE and Greece have held talks in Athens on a wide range of economic and strategic issues to deepen the cooperation between the two countries.In this connection, Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President, held several bilateral meetings with...

Lagos, Nigeria - The holy fasting month of Ramadan begins early next week in Nigeria, with the worst economic crisis in a generation leaving many in Africa's most populous Muslim country struggling to buy food.With food inflation at around 35 percent, worshipers taking part in Friday prayers at the central mosque...

Doha, Qatar--Qatar and Estonia have signed an agreement to avoid double taxation and prevent income tax evasion.The agreement was signed by Minister of Finance Ali bin Ahmed Al Kuwari and Minister of Economy and Information Technology in Estonia Tiit Riisalo.Stressing the importance of the agreement, Al Kuwari said that it...

Riyadh, Saudi Arabia--The biggest tech show in the Middle East, LEAP 2024, hosted by Saudi Arabia in Riyadh, is preparing for what organizers are terming as "record-breaking" final day with more announcement of investments expected to be made on the occasion. Abdullah Al-Swaha, Saudi minister of communications and information technology,...

Dubai, UAE--Dubai Chambers has signed a memorandum of understanding (MoU) with DP World to enable the chambers to leverage DP World’s global network to establish and host international representative offices at the group’s facilities around the world.The partnership aligns with the goals of the Dubai Global initiative launched by Sheikh...

Riyadh, Saudi Arabia -- The Public Investment Fund (PIF) and Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, Tuesday signed a memorandum of understanding (MoU) to expand cooperation and enable investment opportunities in Bahrain, PIF said.PIF said in a statement that the MoU provides multiple benefits...

Riyadh, Saudi Arabia -- Saudi Arabia's Ministry of Communications and Information Technology announced has said that the Kingdom witnessed technology investments on the first day of LEAP 2024 worth more than $11.9 billion.Amazon Web Services will invest $5.3 billion in the Kingdom to create a high-capacity cloud region, the ministry...

Abu Dhabi, UAE-- The UAE has expanded its network of trading partners around the world through comprehensive economic partnerships, contributing to increasing trade and investment flows and enhancing global economic growth, according to top officials from the country.Top economic officials have stressed the UAE's significant role in supporting the free...

Doha, Qatar-- Businessmen and entrepreneurs from Qatar and China have discussed opportunities to set up joint ventures and commercial partnerships in various sectors, including technology, healthcare, energy, and real estate.This came in the Qatari-Chinese Business Meeting, hosted by the Qatar Chamber (QC) in the presence of QC's First Vice-Chairman Mohamed...

Dubai, UAE - Leading financial institutions are spearheading a transformative wave in the UAE real estate sector through the introduction of seamless cross-border payments. The initiative is poised to enhance accessibility and efficiency for global investors seeking to engage in property investment within the UAE. Traditionally, the process of investing in...

Cairo, Egypt--Egypt has signed seven Memoranda of Understanding (MoUs) on Wednesday in green hydrogen and renewable energy with seven global developers with expected investments worth $41 billion over ten years, the Egyptian Government announced.Egyptian Minister of Planning and Economic Development Hala Al-Saeed said that the agreements represent a new step...

The collaboration is expected to boost private sector in Qatar.

The two firms have signed a $1 billion private credit deal.

The deal aims to facilitate "the flow of foreign direct investment... particularly to developing and least-developed" countries with the aim of fostering sustainable development, according to the text. WTO chief Ngozi Okonjo-Iweala called it a "pioneering agreement that promises to help its signatories attract the foreign direct investment they want...

AMMAN, JORDAN – Jordan Chamber of Commerce (JCC) and Oman Chamber of Commerce and Industry on Saturday discussed enhanced cooperation and investment partnership.The two sides pledged during a meeting to forge robust commercial relations, remove hindrances, reactivate bilateral agreements, exchange more visits by economic teams and hold joint exhibitions.Participants stressed...

It will collaborate with Abu Dhabi Investment Office.

Dubai, UAE-- The food and beverage sector in Dubai has attracted new FDI worth $577 million from 2019 to 2023, which was made by 48 international companies from 23 countries, according to data from FDI Intelligence.The UAE’s food and beverage sector generated $16.4 billion in retail sales, including fresh food...

Riyadh, Saudi Arabia -The Middle East Financial Investment Company (MEFIC Capital) has unveiled the establishment of the Saudi Film Fund, boasting a total capital of SR375 million ($100 million), with a substantial 40% investment from the Cultural Development Fund. This collaborative effort signifies a significant stride in the Kingdom's film...

Riyadh, Saudi Arabia-- Saudi Arabia is exploring investment opportunities in education and aiming to attract investments to the kingdom from Canada.In this connection, the Saudi Minister of Education, Yousef bin Abdullah Al-Benyan, along with the accompanying education delegation, visited several educational institutions and universities in Canada, where he met with...

The global pipe maker invested US$60m in the business.

Riyadh, Saudi Arabia - Saudi Arabia's Ministry of Commerce has announced the provision of online services for foreign companies looking to establish regional headquarters in the country after securing a license from the Ministry of Investment.The services encompass issuing regional headquarters as a branch or as a new foreign company,...

The aim is to foster avenues for collaboration in technology.

Sharjah, UAE--The Sharjah Chamber of Commerce and Industry (SCCI) and the Oman Chamber of Commerce and Industry (OCCI) discussed ways of enhancing cooperation in the investment field and developing mechanisms for promoting the joint efforts aimed at supporting the business community in Sharjah and Oman.The two sides explored promising opportunities...