Venture capital investments in Saudi Arabia have posted a staggering 244 percent increase to $584 million in the first half of 2022.

The combined investments in the MENA power sector includes US$93 billion which has already been committed.

Dubai has retained its top rank worldwide for attracting foreign direct investment (FDI) into tourism in 2021. With AED6.4 billion ($1.74 billion) in FDI across 30 FDI projects during the year, Dubai ranked number one in FDI capital, projects, and job creation in the tourism sector in 2021, according to...

The agreements -- covering space, investment, energy, communications and health -- aim to strengthen bilateral relations between the two countries.

GCC nationals are expected to pour in investments in the UK real estate market in spite of global inflation, supply-chain disruption, and hiked interest rates.

Guyana has pledged to a group of Saudi investors visiting the South American country to remove all hurdles in the way of making investment.

Russian oil firm Zarubezhneft will take over its remaining 20 percent stake in the Kharyaga project in the Arctic pending approval by Russian authorities.

Global trade hit a record high of $28.5 trillion in 2021, with more growth expected in 2022. The future also promises growth due to a new era of multilateralism, supported by regionalization, trade in services, innovation and sustainable trade, which would counter global recession, according to 'The Future of Trade 2022'...

There will be some volatility in the sector for a long time to come because it is an early-stage market, says Valerie Hawley, Affiliate Founding Partner at True Global Ventures 4 Plus.

An IMF team said in March that the country faced "major structural challenges", with low growth and investment, along with high unemployment and gaping inequality.

Jordan Chamber of Commerce Vice President discusses with a World Bank team the Kingdom's investment regulation law and the incentives to attract new capital to the country.

France is looking to invest in energy, technology, water and industrial services sectors in Saudi Arabia, according to the French ambassador to the kingdom. Ludovic Pouille said at a press conference that the kingdom is an attractive region with a suitable environment for investments in all its vital sectors. The...

NIIF Master Fund will invest $300m in DP World subsidiary HPPL.

Saudi Arabia’s Ministry of Investment will host a high-level Italian business delegation on Monday to explore mutually beneficial investment opportunities. The Italian delegation would be led by Italian Minister for Foreign Affairs and International Cooperation Luigi Di Maio. The forum will focus on finance, infrastructure and mobility, tourism and culture,...

Saudi Arabia and Italy will jointly explore investment opportunities in sectors as wide as finance, infrastructure and mobility, tourism and culture, and renewable energy.

Saudi Arabia is seeking to convince investors and companies in Britain to make investments in the kingdom's industrial and mining sectors.

The deal will foster industrial cooperation between the two.

President of Venezuela Nicolas Maduro, called on Qatari businessmen to invest in his country, to enjoy the benefits offered by his government to investors and reviewed opportunities for tourism and investment cooperation between the two countries

An investor in dogecoin, originally created as a joke but whose value increased and fell as it was promoted by Elon Musk, filed a $258 billion lawsuit Thursday against the billionaire and his companies Tesla and SpaceX. Keith Johnson, who says he lost money after investing in dogecoin, described himself as...

British economic output declined for the second month in a row in April, weighed down by rocketing prices that are causing a cost-of-living crisis for millions of Britons.

The Foreign Direct Investment (FDI) in Jordan amounted to $622 million in 2021, constituting 1.2 percent of the Arab region's total FDI. The Arab Investment and Export Credit Guarantee Corporation (Dhaman) issued data Tuesday which confirmed this. The Arab region's FDI in 2021 went up by 42 percent to $53...

The first edition in Dubai catered to big-box retailers and wholesale traders, while the second edition is set to have a broader B2B and B2C focus.

The two countries will celebrate 50 years of diplomatic relations in 2023, which includes organizing events like car exhibitions, and promoting investments in hospitality and real estate.

Abu Dhabi, China’s Shandong agree to work towards boosting investment opportunities

Middle East, Africa and Southern Asia (MEASA) has the world’s highest growth potential, according to a report by the New York University Abu Dhabi (NYUAD) Transition Investment Lab (TIL). The TIL marked its first year of activities by publishing its inaugural Annual Report, which studies how sustainable investments can contribute...

Saudi Arabia finalized investment worth SR15.2 billion ($4 billion) in the first quarter of 2022 and closed 101 investment deal which represents a 225 percent increase from the same period last year.

ADQ of Abu Dhabi and Jordan have set up a $100 million technology venture capital fund (the Fund) to bolster tech companies in the kingdom's digital economy. ADQ is reinforcing its commitment to investing in advancing core sectors of the Jordanian economy and enhancing the global technology ecosystem. The Fund...

The facility, to be located in the 10th of Ramadan city, will be built over an area of 150,000 sq. meters, according to a Cabinet statement.

Alternative cinematic content is helping the emirate's creative economy diversify and contribute to its GDP, Butheina Hamed Kazim, Founder and MD of Cinema Akil, tells TRENDS.

Jordan Prime Minister Khasawneh said the healthcare project serves as a launchpad for future investments mentioned in the Jordan Investment Fund Law.

The Qatari Businessmen Association discussed investment cooperation with Mohamed Abdel-Wahab, CEO of Egypt’s General Authority for Investment and Free Zones. On a visit to Doha, Abdel-Wahab agreed on coordinating field visits to the Qatari business community to Egypt to discuss investment opportunities. Abdel-Wahab reviewed the investment opportunities for Qatari investors,...

Spain’s experience and expertise in tourism has already helped Saudi Arabia and more Spanish businesses will hopefully join the leading tourism players already working with the kingdom, Saudi tourism minister Ahmed Al Khateeb has said. “I was very pleased to share our vision and plans with Spanish businesses in Riyadh...

Emirates Development Bank (EDB) will participate in Bonds, Loans & Sukuk Middle East, the region’s largest gathering for the corporate and investment banking industry.

Saudi Arabia and Seychelles will form a partnership to boost cooperation and exchange expertize in tourism sector which includes planning, investment, and developing tourism sites and projects. Saudi’s tourism ministry signed an MoU with the Ministry of Foreign Affairs and Tourism of Seychelles regarding the same. The MoU aims at...

The company to set up a manufacturing facility in Jeddah.

Qatar First Bank (QFB) has announced the successful exit of Jefferson Square, its first syndicated real estate investment located in the heart of Baltimore, Maryland, USA. QFB acquired Jefferson Square, a class A multifamily residential building, in June 2017 as part of its Sharia compliant real estate investment program, Qatari...

A Saudi delegation said Wednesday that the transformation march launched by it a few years ago contributed to enhancing the economic, social and development dimensions of the Kingdom and has created qualitative investment opportunities. The delegation participated in a panel discussion, "Kingdom of Saudi Arabia: A Future Vision", on  Wednesday...

Abu Dhabi Development Fund for Development has financed AED6.5 billion worth of development projects in Jordan.

The three firms will create green hydrogen and sustainable aviation fuel.

A delegation of 50 Iranian businessmen travelled to Oman last week, with Iran's minister for roads and urban development announcing plans for a joint shipping line and tourist flights.

Qatar on Wednesday said it plans to invest an additional $5 billion in Spain on the second day of a state visit by its emir, Sheikh Tamim bin Hamad Al-Thani. "The volume of investments agreed upon with the Spanish side amounts to $5 billion in various sectors," said Qatari Foreign...

Saudi Arabia has rejected claims that its planned futuristic megacity known as NEOM will have different rules from the rest of the kingdom and function like a "country within a country". Media reports said that in an interview published last week by the UAE's The National newspaper, Andrew McEvoy, head...

Defying grim expectations of economic recession battering the world economy, Dubai has burnished itself by attracting a heavy dose of foreign investment to the tune of $7bn in 2021.

The Public Investment Fund (PIF) today announced the launch of the Saudi Coffee Company. The company is established to enable Saudi Arabia’s coffee bean to be a global product in the future.

The Abu Dhabi company has posted $970m profit.

Mubadala Investment Company and ENGIE signed an agreement to explore the development of a digital platform for charging electric vehicles in Abu Dhabi and the Middle East region. The two companies will work on a joint solution for the installation and operation of charging infrastructure as well as sustainable mobility...

The Chairman of Dubai World Sheikh Ahmed bin Saeed Al Maktoum, inaugurated the 29th edition of the Middle East’s largest travel and tourism exhibition Arabian Travel Market (ATM) on 9 May 2022.

Russia invaded Ukraine in February, in part to thwart Kyiv's tilt towards integration with the EU and NATO.

The investment is expected to be made in nine new projects across the country.

Saudi Arabia and United States Minister of IT, Eng. Abdullah bin Amer Al-Sawaha who is on a visit to the US met the president and COO of Omnicom Media Group Daryl Simm.