Saudi Arabia also remained a prime investment hub, contributing to a combined 318 deals with the UAE, valued at $29.6bn
The cumulative value of the 20 deals signed in the first two days of the Dubai Airshow 2023 was Dhs11.6bn, according to the Tawazun Council
A total of 34 deals, worth $5.02bn, have been announced thus far
A total of 12 deals were signed with local and international companies on the second day of the exhibitions
The sale will run for ten days, with deals on more than 30 product categories
The event – currently in its 27th edition – will run until January 30, 2022
The Saudi economy, the biggest in the Middle East, is growing at its fastest pace in almost a decade
The total number of deals across the two days of the exhibition equalled 10
Family offices made up 4.2 per cent of the roughly 23,000 venture capital deals worldwide this year through August 31
Overall deal activity in the region continued its upward trend with 307 deals in the first half of the year
The company had planned an IPO in 2018 or 2019 but it was pulled after then-US President Donald Trump imposed tariffs on aluminum imports from the UAE
ADNOC began trading Murban futures on an Abu Dhabi exchange on Monday
Up to 300 drones will perform shows everyday from December 17 to January 30
The 12-hour super sale will be held on December 26
The raffle starts on November 26, and will conclude at midnight the following day
Prime members will get 12-hour early access to deals, in addition to free next-day delivery and free international shipping from Amazon US
The event will run from December 17, 2020 until January 30, 2021
With the offering already more than 50 times oversubscribed, the delay is not currently expected to significantly affect the final pricing