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.

There will be a total of three projects on which Egypt and the Italian company Eni will work together.

Saudi Arabia's drive to lure more foreign investment into the kingdom's stock exchange paid off as foreign ownership touched $70 billion in 2021.

The Company’s total consolidated revenue has increased by 7 percent to AED 78.6 million in Q1 of 2022 compared to AED 73.4 million during Q1 of 2021.

The report also claimed that the value of early-stage deals for startups in the region doubled from 2020 to 2021.

UAE’s Minister of Industry and Advanced Technology Sultan bin Ahmed Al Jaber reviewed bilateral relations with Mostafa Madbouly, Prime Minister of Egypt.

The National Cybersecurity Authority is organizing the annual event under the theme Rethinking the Global Cyber Order.

The stock exchange established Shariah Advisory Committee.

QMM, part of ADQ, was launched in 2020.

According to the statement, a Jordanian-Azerbaijani Economic and Investment Business Forum will be held in the coming period

Jordan Minister of Investment, Khairy Amr, said the government seeks to turn Jordan into a destination for foreign and Arab investments.

Despite the uncertainty, many PE firms are adapting and keen to point to their funders’ patience and understanding in what has been a difficult period for the business world. There will be opportunities to acquire some assets cheaply as some corporates have failed in the post-pandemic market, he adds.

A business delegation of Czech Republic visited Bahrain to explore investment opportunities and expansion of economic projects between the two countries. The delegation expressed keenness on cooperating with Bahrain for investment in various private sectors. Industry, Commerce and Tourism Minister Zayed bin Rashid Al Zayani said that Bahrain welcomes all...

Saudi Arabia’s Eastern Province has launched 11 investment projects in Dammam metropolis. The Undersecretary for Investments and Revenue Development, Eng. Hamdan Al-Aradi, said the launch of these investment sites is part of the objective of 40 investment projects with an area of ​​3 million square meters. The objective itself, he...

The Saudi firm says it seeks to capitalize on opportunities through innovative and sustainable solutions, focusing on petrochemical products in 2022.

The COP28, to be hosted in Dubai in 2023, is at a convenient time frame away from the recently concluded COP26, which witnessed several nations — the UAE, India, and the KSA, among others — make net-zero pledges. Therefore, the 2023 summit will offer talking points based on visible progress...

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...