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.

Iraq is keen to benefit from the Egyptian Investment Authority, the Governor of Iraq’s Central Bank Mustafa Ghaleb said on Friday.

The net of non-Jordanian investments during January 2022 showed a negative value of JD5 million ($7.05 million).

Company's growth plan focused on three locations in Abu Dhabi.

Iraqi Prime Minister Mustafa Al-Kadhimi has directed contracting with investment companies to build infrastructure in the areas where residential land will be distributed as part of the Dari initiative. The Iraqi General Secretariat of the cabinet confirmed this on Tuesday. "The process of handing over plots to those covered by...

Bank of Palestine (BOP) and Proparco in cooperation with the EU have jointly announced the signing of Sunref II Green Program after successfully completing Sunref I, local media said. The purpose of SUNREF Green Finance Program is to provide solutions to promote energy efficiency and renewable energy projects for the...

In the last two years, Saudi Arabia has attracted more than $2 billion in investments in cloud computing according to Deputy Minister for Technology Development Nawaf D. Al-Hoshan.

Chairman of the Federation of Saudi Chambers (FSC) Ajlan Al-Ajlan has called for preparing a roadmap to enhance economic relations between Arab countries and the Russian Federation. He suggested stimulating bilateral business councils, increasing benefits from government support, activating cooperation in the small and medium-sized enterprises between the two regions....

A number of US companies are willing to invest in basic infrastructure and logistics to support Tunisia's efforts in this field, US Ambassador in Tunisia Donald Blome stressed at his meeting on Monday with Transport Minister Rabii Majidi. The two parties underlined the considerable progress of Tunisia's millennium challenge program...

The investment is in Wisk, which looks to make autonomous air taxis.

Sharjah and Syria are looking at ways to increase economic relations and enhance partnership between businessmen and traders.

The Israel government has approved the plan for a joint fund with the UAE for investment in high-tech firms and ideas.

It acquired properties worth $2.5 billion, and made sales of $1.5 billion.

The two countries are working on a broader strategy to strengthen collaboration in health care, science, technology, hydrogen, public health, and artificial intelligence.

The UAE and Singapore will explore ways to enhance bilateral relations in light of the agreement signed between the two nations in 2019 that called for cooperation in investment and trade.

GCC Secretary-General Naif Falah Al-Hajraf with the chairman of the Board of Directors of the FGCCC, Samir Abdullah Nas.

Dubai Airport Show 2022, to be held in May, will showcase a diverse range of innovative products and will provide a glimpse of investments planned by the world's airports until 2040.

BCCI chief reviewed ways to further increase the volume of bilateral trade

The Innovative Startups and SMEs Fund (ISSF) will invest $1.5 million in Global Ventures

The assets of Jordan's Social Security Investment Fund (SSIF), the investment arm of the Social Security Corporation (SSC), jumped by JD1.1 billion in 2021 to reach JD12.3 billion, according to Kholoud Saqqaf, the fund’s CEO. The figures mark a 10-percent growth year-on-year. In 2020, the fund’s assets stood at JD11.2...

The mother, 61, and her son, 39, were arrested on December 8 under a warrant issued by the Chinese authorities for alleged investment fraud in China between March 1, 2013 and March 31, 2014. The pair are due in court in the resort town of Paphos for the resumption of...

Suriname, Tanzania, and Senegal have explored investment and other opportunities to collaborate with the stakeholders from across the region and the globe through the World EXPO2020 Dubai, according to CEO Clubs Network. CEO Clubs Network hosted "Suriname: Oasis of Opportunities for the ‘Republic of Suriname’ in the presence of the...

Improving business environment in Dubai, attracting foreign investments and international companies to the emirate, supporting member companies with global expansion and growing Dubai’s digital economy. These four pillars, which would guide the Dubai Chamber's strategy for the next three years (2022-24), were announced during the board’s first official meeting in...

Dubai's real estate market recorded 84,772 transactions representing a value of AED300 billion ($81 billion) in 2021, according to the annual transaction report issued by the Dubai Land Department (DLD). The report revealed a 65 percent growth in the number of transactions and a 71 percent increase in value compared...

The Sony Mobility subsidiary will be created in spring 2022.

President of Senegal Macky Sall on Tuesday laid the foundation stone for the construction of a port that will be built and operated by DP World at Ndayane, about 50-km from the existing port in the capital Dakar. The investment of more than $1.13 billion in two phases to develop...

Iraqi's granting facilities to investors including regulations in completing transactions and eliminating corruption and providing safe environment renewed many hope for the growth of investment sectors in the country.

The Abu Dhabi School of Government (ADSG) and Abu Dhabi Global Market Academy (ADGM Academy) have launched the ‘Investment Foundations' program, which seeks to equip Abu Dhabi government employees with knowledge and skills related to finance, ethics, and investment practices. Targeting Abu Dhabi government employees working in the financial sector,...

Dana Gas has received a payment of $39 million (AED143 million) from the Egyptian Government in December, the company announced Wednesday. The payment reduced its receivables in Egypt to its lowest levels at below $30 million since commencing operations there in 2007, local media reports said. It complements a year...

The deal is expected to close in the first half of 2022.

The two sides talked about Expo 2020 Dubai and the importance of the Arab countries' participation therein.

Grankraft has leased 323,000 sq ft of land in the free zone.

UAE Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has said the trade partnership with India is founded on historical ties of friendship and cooperation. Media reports said that Al Zeyoudi made these remarks during his visit to India as head of a high-level Emirati delegation...

Alpha Dhabi Holding, the Abu Dhabi-based conglomerate, has announced that it will be investing about AED1 billion in the Abu Dhabi Chemicals Derivatives Company, known as TA’ZIZ. Media reports said the investment comes as part of Alpha Dhabi Holding’s expansion plans and future strategy announced last week targeting AED8 billion...

Nayef Steitieh told field managers in his ministry and across governorates to also look to replace expatriate workers with those from Jordan.