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

An NFT by digital artist Beeple was auctioned at Christie's in March for $69.3 million in March this year.

The deals are in sectors ranging from livestock-rearing to vegetables, rabbits, and even Omani thyme.

Ankara already has a military base in Somalia, and Morocco and Tunisia reportedly took their first delivery of Turkish combat drones in September. Angola became the latest to express an interest in unmanned aerial vehicles (UAVs) during Erdogan's first visit to the southern African country in October.

Mubadala Investment Company and Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, Tuesday signed a Memorandum of Understanding (MoU) to facilitate strategic cooperation between the two institutions. As part of the MoU, Mubadala and Mumtalakat will explore worldwide co-investment opportunities. They will also exchange knowledge...

The Abu Dhabi Investment Office (ADIO) has connected with hundreds of global business leaders, entrepreneurs and innovators in a series of six inaugural events organized by its international office network to discuss expansion opportunities to the UAE capital. ADIO’s offices in London, Paris, Beijing, Seoul, New York and San Francisco...

International Holding Company has formally agreed to the merger.

The region's economic instability, exacerbated by the coronavirus pandemic, has spurred many to turn to online banking and financial tools.

Medallia captures experience data from customers and employees.

The deals were inked by Oman Investment Authority firms with Saudi counterparts as Saudi Crown Prince Mohammed bin Salman visited.

Russian representatives from three provinces met with commissioner general of the Jordan Pavilion at Expo 2020 Dubai.

"Jordan represents a unique and strategic opportunity for global investors. We are looking forward to strengthening our ties further in the region", says Devan Gohil, Director at RiverBay Capital. The firm's new mandate is likely to see a significant flow of overseas capital being deployed in the country over the...

For the 11th time, dnata has been named Ground Support Services Provider of the Year at the 2021 Aviation Business Awards. The award was accepted by Jaffar Dawood, dnata’s Senior Vice President for UAE Airport Operations, at a gala dinner in Dubai. As one of the world’s leading air services...

The Economic Development Board (EDB), Bahrain's investment promotion agency, on Tuesday announced the launch of the investment platform (invest.bh) that allows investors to access investment opportunities in the kingdom's strategic projects. The launch is part of Bahrain's Economic Recovery Plan which saw the announcement of strategic projects worth more than...

Khalifa University of Science and Technology has launched a business and investment arm of the university named Khalifa University Enterprises Company (KUEC), with an endowment of AED100 million.

Iraq’s general budget for 2022 will focus on implementing a set of investment projects in line with diversifying economy and achieving sustainability.

It also covers copyright, trademarks, commercial register, electronic transactions, trust services, factoring, and residency, in addition to laws related to society and personal security including as the Crime and Punishment Law, the Online Security Law, and a laws regulating the production, sale and use of narcotics and psychotropic substances.

AD Ports Group and Turkey’s Turkiye Varlik Fonu signed a strategic partnership agreement to collaborate on major investment opportunities for port development and operations besides coordinating efforts to examine other logistics-related investment projects within Turkey. Under the terms of the agreement, the two organizations will also collaborate in establishing a...

Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed held talks with Turkish President Recep Tayyip Erdogan in Ankara on Wednesday, opening a new chapter in relations between the regional rivals. Later the UAE announced a $10 billion fund for investments in Turkey, state media reported.

With the current global circumstances accelerating the need for immersive tools such as augmented reality and virtual reality, businesses across the UAE must invest in technologies in order to stay ahead of the digital curve, Maria Pace said. She was speaking at the ‘Immersive Technologies: Unlocking a Mixed Reality’ panel...

Qatar's investment in French giants Paris Saint-Germain, and its use of the club as a central tool for the gas-rich emirate's soft power diplomacy over the past decade, is unlikely to change after next year's World Cup, experts predict.

Trade between Jordan and the United Arab Emirates has grown to $891 million during the course of last year, and the UAE has invested some $17 billion in Jordan, in a sign of strong economic ties.

Dubuy.com aims to provide Kenya a secure and reliable way for its businesses to grow.

Its profit in the first nine months last year was $77 million.

This was revealed by the Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) attar Mohammed Al Tayer during his keynote speech at the 18th IRF (International Road Federation) World Meeting and Exhibition, titled "Roads to Tomorrow: Dubai’s Pathway to Sustainable Mobility" on Monday.

Public Investment Fund of Saudi Arabia is looking to diversify investments into Chinese companies after having confined its overseas holdings to the US and Europe.

The primary aim of the plan is apparently to create quality jobs and enhance Bahrain’s economic competitiveness.

Across the globe, investment gurus in their 20s are building huge followings on social media.

DP World and the Indonesia Investment Authority (INA) have signed an agreement to form a consortium and working team to explore investments into the logistics infrastructure in Indonesia. The investments, which could reach $7.5 billion in the long run, would include inland terminals, cargo parks, feeder network systems, landside transport...

The Sharjah Chamber of Commerce and Industry (SCCI) and Kazakhstan have discussed ways of benefiting from promising investment opportunities in the two countries, especially in the tourism, industry and infrastructure sectors. During a meeting held recently at Expo 2020 Dubai, Abdullah Sultan Al Owais, Chairman of the SCCI, explored with...

This was more than double the target of 30 percent reduction in business setup procedures that the emirate had set earlier this year.

Qatar has tied up with Rolls Royce to set up a fund worth billions, investing in green engineering projects with a focus on an engineering hub in the UK. The project has the potential to create 10,000 jobs.

Saudi Arabia and the United Kingdom signed a Memorandum of Understanding, which is aimed at the promotion of direct investment between the two countries. This includes establishing and expanding Saudi-based companies in the UK while also enabling the establishment and expansion of UK-based companies in Saudi. The MoU is also...

A forum organized by the Sharjah Chamber of Commerce and Industry (SCCI) brought together more than 100 businesspersons from the UAE and Brazil to discuss cooperation and investment opportunities. The Sharjah-Sao Paulo Business Forum on Wednesday highlighted joint investment opportunities, encouraged cooperation and partnerships in various economic sectors. The forum...

Saudi Arabia has roped in HSBC to “identify and promote” sustainable investment opportunities. The agreement between the two was signed at the Future Investment Initiative conference in Riyadh.

The Saudi-Swiss Investment Forum aims to touch $3.2bn of financing by 2030. The body, launched on 25 October in Riyadh, will also back Swiss companies who want to invest in the kingdom.

The Chinese firm has restarted work on 10 projects.

As many as 560 foreign companies are operating in the Omani governorate of Al Wusta and their capital investments by the end of September 2021 reached Omani Riyal 1.3 billion ($3.37 billion), an official said. Abdoon Mohammed Al Harsoosi, Director of Commerce, Industry and Investment Promotion inaaaa Al Wusta, said...

The Hatta master development plan is said to be aimed at developing Hatta, an exclave of Dubai, into a tourist spot that will also serve as a local and international destination for business and investment. It is expected to be implemented as part of a five-year development plan in the...

STV is aiming to raise at least $1 billion for its second Middle East technology investment fund, making it potentially the biggest fund of its kind in the region

This is QatarEnergy and Shell’s first hydrogen agreement.

New Zealand has passed a law that will force banks to reveal the impact of their investments on climate change. The law has been described as a world-first move to make the financial sector's environmental record more transparent.

Dubai Investments and Marjan have tied up for the project.

Over 3,000 government officials, business leaders and industry experts representing 91 countries took part in the 6th Global Business Forum (GBF) Africa in Dubai, conducted by the Economist Intelligence Unit, which featured two days of thought-provoking sessions highlighting business opportunities emerging across the continent.

Sabic, WEF, and global companies will formalize the plan.

Response Plus Holding, the UAE healthcare investment and management firm, has posted a net profit of $10.9 million during the first nine months of the year.

Businessmen and stakeholders from Oman and Lebanon have discussed investment and trade exchange.

The UAE and South Korea have discussed the prospect of pursuing a Comprehensive Economic Partnership Agreement to strengthen economic ties, enhance investment opportunities, and firm up bilateral cooperation between the two countries.

The MoU was signed on the sidelines of the Expo 2020 Dubai in the presence of President Macky Sall of Senegal.

Saudi Arabia seeks to boost its economic output to reach $1.71 trillion, Saudi Investment Minister Khalid Al-Falih said on Wednesday.