Indian-origin ecommerce platforms for pre-owned vehicles, Cars24, has entered the UAE market after its foray into Australia

The pact aims at securing a comprehensive balance between rights and obligations between investors and the host country

The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments in public transportation, railways, and airport expansion in the next ten years. According to the kingdom’s transport and logistical services...

Citigroup’s corporate and investment banking revenue nearly tripled in Saudi Arabia The group had returned to the kingdom three years back, after a 13-year-long absence Although Citigroup did not give out exact revenue figures, a senior executive revealed that the group’s corporate and investment banking revenue for its Saudi Arabia...

The residency period is for a renewable period of five or 10 years Low oil demand and pandemic have hit the sultanate's finances hard Oman will begin issuing long-term residency to foreign investors, the government said Wednesday as authorities attempt to shore up the Gulf nation's flagging economy. Depressed demand...

World’s biggest oil exporter looks for foreign investments into a sector that has $1.3 trillion in untapped potential reserve value Saudi Arabia’s mining industry has already attracted some major foreign investors Saudi Arabia intends to auction two major mining licenses in 2022 for gold, copper, and zinc as the world’s...

About 150 Saudi investors and businessmen ready to invest in Egypt Saudi Arabia has opened an office of the Saudi-Egyptian Business for investment in Egypt Saudi Crown Prince Mohammed bin Salman has urged local businessmen to make investments in Egypt, Al Arabiya reported citing the Chairman of the Business Council...

  Saudi Arabia dominates startup investment sector during May In all nearly $110 million was raised across 35 deals over the month Saudi Arabia has topped the startup investment market in the Middle East and North Africa (MENA) region during May, Arab News quoted from figures released by entrepreneurship platform...

the Sharjah Chamber is keen to enter the Central American markets as a fertile market for agricultural and food products The two countries want to boost economic ties and bolster investments in food security, waste management and tourism Sharjah and Guatemala are looking at ways to boost economic ties and...

Incorta, a US data analytics company, conducted the survey About 153 business leaders in 11 industries from Egypt,  GCC took part in the survey About 66 percent of the business leaders in Egypt and the countries of the Gulf Cooperation Council (GCC)  plan to invest more in data analytics this...

The offering could be as much as 30 percent of stake in the company Riyadh-based Berain is one of Saudi Arabia’s biggest bottled-water companies Berain Water of Saudi Arabia has roped in the services of the investment banking arm of Samba Financial Group to manage a potential Initial Public Offering...

The investments were made in held-to-maturity securities, debt securities, equities, other vehicles  Other investment instruments valued Dh46.6 bn by end of April The UAE-based banks hiked by Dh54.8 bn ($14.92 bn) their investments in held-to-maturity securities, debt securities, equities and other vehicles during the first four months of 2021, statistics...

The ambassador of the UAE Al Zaabi made this statement during his visit to the Federation of Iraqi Chambers of Commerce The UAE companies wish to invest in Iraq The United Arab Emirates (UAE) has shown desire to deepen trade and economic ties with Iraq. The ambassador of the UAE,...