The Egyptian and Saudi governments have signed a draft agreement for Saudi investments in the country totaling a projected $10 billion, according to a statement by the Egyptian cabinet.

The move is being seen as another sign of a growing rapprochement between the two countries following last year's restoration of ties.

The UAE has called for a stronger investment in oil and gas resources in order to protect the global economy from the effects of geopolitical issues and to manage the energy transition of the future.

PIF, Saudi Sovereign Wealth Fund, is in talks with four construction firms in order to make investments to the tune of millions of dollars in the companies.

This will enhance the port's infrastructure and operating capabilities, expand capacity, and enable logistical efficiency.

The UAE is going to invest some $2 billion in Egypt by buying up the state-owned companies in order to shore up the country's teetering economy as hardships from the Ukraine war spike.

Called the UAE-Türkiye Real Estate Development Construction Roundtable, it will be held on Wednesday, March 30.

Multiply Group has said that it will be investing AED367 million into the Dubai Electricity and Water Authority's (DEWA's) initial public offering as a cornerstone investor.

Abu Dhabi-based Alpha Dhabi Holding is a subsidiary of the IHC.

Anwar Gargash, Diplomatic Adviser to the UAE President, discussed cooperation relations with the ambassadors of the member states of the Association of Southeast Asian Nations (ASEAN) accredited to the UAE. The meeting also reviewed the friendship between the UAE and ASEAN countries and ways to develop them across various fields...

Vietnam has signed economic, trade and scientific-technological cooperation agreements with five GCC countries.

Hala Al-Saeed, Egypt’s minister of planning and economic development, discussed ways to enhance future cooperation between Egypt and Saudi Arabia with Majid bin Abdullah Al-Qasabi, Saudi minister of trade. The discussions took place on the sidelines of the meetings of the Governance Council of the Arab-Africa Trade Bridges Program. Al-Saeed...

Mubadala of the UAE will invest $395 million into CityFibre, Britain’s biggest independent provider of full-fiber broadband infrastructure, according to media reports.

The two sides stressed that this agreement based on the close historical ties that unite Saudi Arabia and the Arab Republic of Egypt.

Egypt and American Defense company, Lockheed Martin, have discussed ways to enhance cooperation.

The UAE-Bangladesh Business Forum discussed ways to enhance cooperation between the two countries in the field of trade and investment, and ways to promote the role of the private sector in both countries. During the forum, an MoU was signed to establish a joint UAE-Bangladesh Business Council between the Federation...

The Sharjah Chamber of Commerce and Industry (SCCI) and an Argentinian delegation discussed ways to enhance cooperation between the business communities in the Emirate of Sharjah and Argentina. Additionally, they also discussed boosting the economic, trade and investment relations between their countries. The discussion was a part of Sharjah –...

DH is Dubai’s commodities and mining investment arm.

Kyrgyzstan and the UAE have discussed enhancing the investment and trade cooperation between the two sides. Mohamed Ali Musabbeh Al Nuaimi, Chairman of the UAE’s Ras Al Khaimah Chamber of Commerce and Industry, and Abdilatif Jumabaev, Ambassador of Kyrgyzstan to the UAE represented their countries in a meeting. The meeting...

Humaid Mohammed bin Salem, Secretary-General of the UAE Chambers said that the UAE's private sector plays a pivotal role in boosting cooperation with countries of the IORA.

Saudi Arabia and Egypt have signed an agreement to strengthen cooperation between the two countries in the fields of telecommunications, frequency spectrum and human capacity building.

It has appointed Ahmed Obaid Al Qaseer to the post.

The project will see an investment of SAR3 billion ($800 million).

It will distribute cash dividends of QAR0.01 per share.

The emirate, which boasts a thriving community of startup incubators and accelerators, tops the list for foreign direct investment and technology transfer in startups, artificial intelligence and robotics sectors.

The UAE and Latvia have agreed on a six-track economic cooperation program covering trade and investment, innovation and advanced technology, transportation and logistics, agriculture, food, education and science during the 2nd Joint Economic Committee (JEC) session held in Dubai. These programs will be designed to achieve higher levels of prosperous...

The Dubai World Dermatology and Laser Conference and Exhibition (Dubai Derma 2022) concluded its 21st edition on Wednesday, and registered total business deals worth more than AED2 billion ($540 million). The volume of business deals highlights the event’s ability to offer a platform for new partnership and investment opportunities for...

The transaction was done by Merak Capital.

Media reports said Mubadala will be investing at least $50 million.

Bahrain-based Islamic investment bank GFH Financial Group intends to list on the Saudi stock exchange, Tadawul, and Abu Dhabi Securities Exchange, ADX, according to media reports.

As oil prices have risen over the last year companies ranging from giants like Chevron to mid-sized players such as Devon Energy have chosen to only lift capital investment modestly.

This goal requires adopting new economic diversification strategies, in addition to supporting new economic sectors, said Minister of Economy Abdullah bin Touq Al Marri.

The new companies’ offices are in London, New York, and Hong Kong.

The Australian state of New South Wales (NSW) displayed its agri-food innovation and manufacturing capabilities to strengthen further its ties with the UAE at a dinner event held at the Australia Pavilion at Expo 2020 Dubai. The event was led by Vish Padmanabhan, NSW Senior Trade Commissioner to India and...

Saudi Aramco is interested in investing in China, its President and CEO Amin H Nasser, said. He asserted that Aramco has a huge interest in investing in the economic powerhouse. The CEO was speaking at the International Petroleum Technology Conference 2022 in Riyadh. “Definitely, we are looking for more investment...

Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350 million

ADX’s market liquidity jumps five-fold in 2021 amid IPO boom, as traded values on the exchange increased 407 percent from AED 145 billion ($39.47 billion) in 2020 to AED 739 billion in 2021, driven by higher levels of domestic and international investment. Local investors accounted for 70 percent of the...

The projects have been inaugurated in Djibouti.

The Bahrain Golden Visa was recently announced during a Cabinet meeting chaired by Crown Prince and Prime Minister Salman bin Hamad Al Khalifa.

Around 60% of $1.61 billion were committed only in the last two years showing remarkable growth in mobilization of finance for Palestine.

The UAE Federation of the Chambers of Commerce and Industry (FCCI) and the Hungarian Chamber of Commerce and Industry (HCCI) will establish a UAE-Hungarian Business Council. The two parties signed an MoU at the Hungarian pavilion at Expo 2020 Dubai regarding the same on the sidelines of the third meeting...

The meeting was held on the sidelines of the official visit of Turkish President to the UAE.

The UAE is already the Philippines’ biggest export partner in the Middle East.

The final offer price was set at SR128 ($34.1) per share, the top end of an indicative range.

Bahrain and Egypt share solid long-standing brotherly relations, and there is steady progress in it due to their deep partnership and coordination in all fields, said speaker of Bahrain's Council of Representatives Fawzia bint Abdulla Zainal during his meeting with Speaker of the Egyptian House of Representatives, Chancellor Hanafy Ali...

The gross profit in 2021 was AED5.1 billion in 2021, compared to AED 218 m in 2020.

The scheme is the first regional plan that seeks to mobilise up to 300 billion euros ($340 billion) for public and private infrastructure around the world by 2027.

With an investment of $326m, Al Seer now owns 7.36 percent of AD Ports.

Investopia investment summit has announced the signing of a Memorandum of Understanding (MoU) with Deloitte Middle East for collaboration to enrich the Summit’s discussions and workshops. Under the terms of the agreement, the two parties will jointly study significant economic areas such as investments in Artificial Intelligence, social and environmental...

Since connecting with neighbors is of utmost importance in Iran’s foreign policy, the current administration has set a transparent framework for this policy.