Bitcoin jumps to more than two-week high

Smaller tokens ranging from Ether to Binance Coin also posted gains

UAE Minister of State for foreign trade Dr Thani bin Ahmed Al Zeyoudi

UAE, Malaysia agree to launch CEPA negotiations

The UAE has so far concluded four CEPAs with India, Israel, Indonesia and Turkey and the first two have already come into force

Mubadala has invested in clean energy FY 2022 financial highlights

Abu Dhabi’s Mubadala outperforms global benchmarks in 2022

The company deployed Dhs107bn in industries such as life sciences, renewable energy and digital infrastructure

UAE, Italy strengthen economic partnership

UAE, Italy strengthen economic ties, explore investment exchanges

The partnership is expected to create new investment opportunities to support sustainable economic growth

Amazon cloud services

Amazon to invest $12.7bn in India cloud services by 2030

The US company’s cloud business, which has data centres in the Mumbai and Hyderabad regions has already invested $3.7bn in India from 2016 to 2022

Al Seer Marine invests into Adnoc L and S

Al Seer Marine makes Dhs257m cornerstone investment into ADNOC L&S

Al Seer Marine recently announced a strong revenue profit of Dhs1.11bn for 2022


UAE, US explore investment opportunities with focus on clean tech startups

Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade held one-on-one meetings with Austin-based startups, which are deploying technologies such as AI, blockchain and quantum computing


UAE, Morocco review strengthening financial, economic cooperation

Both the countries agreed to double the volume of trade and investment exchange over the next seven years

UAE Dr. Thani bin Ahmed Al Zeyoudi.

UAE, South Africa seek to boost trade ties in energy, tourism

The country is the UAE’s second-largest trading partner in Africa, accounting for 8 per cent of total non-oil trade with the continent

UAE and Brazil Presidents

UAE President receives President Lula of Brazil

The UAE is one of Brazil’s largest trading partners and President Lula’s visit is expected to boost bilateral relations between the two countries

Bahrain unveils new visa

Bahrain unveils new ‘golden licence’ to attract investors

The new licence is part of an economic recovery plan launched by the Gulf state in October 2021 to boost investment and job creation


How art is being incorporated into investment portfolios for diversification

Developments within the art market over the last decade have been followed almost as closely as those within the stock market

EFG Hermes Holding group CEO Karim Awad gives keynote speech at One on One Conference in Dubai

GCC is key investment hub for regional, global investors: EFG Hermes

The 17th EFG Hermes One-on-One Conference is being held at Atlantis, The Palm in Dubai from March 6-9

ADQ, IHC to create MENA's largest independent investment manager

ADQ, IHC to create MENA’s largest independent investment manager

The new investment manager aims to launch a series of multi-asset class funds to invest in private equity, venture capital, credit and public equities


Tesla’s Mexico plant to require $5bn investment

Mexican President Andres Manuel Lopez Obrador earlier said that Tesla will build the plant in Monterrey


How LEAP is positioning Saudi Arabia as a technology hub

Public and private sector enterprises are setting standards for digital excellence with the support of events such as LEAP2023


F88 raises $47m ahead of its planned Vietnam IPO

The Hanoi-based company offers small loans primarily backed by vehicles as collateral and provides financial services, such as insurance and money transfers

Dubai Holding fully acquires The Westin Paris - Vendôme

Dubai Holding acquires full ownership of The Westin Paris – Vendôme

The property occupies an area of over 32,000 square metres and houses more than 400 rooms and suites

Investcorp Tokyo Japan

Bahrain’s Investcorp launches presence in Japan

The firm has appointed Professor Heizo Takenaka as the chairman of Investcorp Japan


FreshToHome raises $104m with Amazon as lead investor

Investment represents Amazon Smbhav Venture Fund’s first direct foray into the D2C branded food space

Dubai's Emirates to invest $135m in new pilot training facility

Dubai’s Emirates to invest $135m in new pilot training facility

The new facility will be ready in 2024, and will have the potential to expand the airline’s pilot training capacity by 54 per cent annually

Power Letters 2023: Mohammed Qasim Al Ali, group chief executive officer, National Bonds

Power Letters 2023: Mohammed Qasim Al Ali, group chief executive officer, National Bonds

At the very core, we believe economic and social stability stems from a financially secure population


Zoho announces Dhs100m investment for UAE expansion

In the five years since its operations in the UAE, the company has grown 10 times in the country


Saudi’s LEAP23 announces series of new investments, equalling $580m

New deals include the launch of a data centre and two dedicated academies for developing technical skills and unearthing homegrown talent


Alwaleed’s Kingdom Holding leads $133m funding for Saudi delivery app Nana

Started in 2016, Nana raised $18m from investors including venture capital fund STV and Middle East Venture Partners

Aramco’s venture capital arm expands investment fund to $500m

Aramco’s venture capital arm expands investment fund to $500m

Aramco has allocated $300m in additional funds to Wa’ed Ventures


LEAP23 announces investments of over $9bn to support future technology and startups

The event is running at Riyadh Front Exhibition & Conference Centre from today until February 9

Blockchain solar

Top 5 benefits of investing in blockchain-based solar energy programmes

Blockchain has the potential to spur sustainable development through increased efficiency and reduced environmental impacts

Saudi's King Salman appoints new central bank governor

Saudi’s King Salman appoints new central bank governor

Former governor, Dr Fahd Al-Mubarak, takes on the role of adviser at the royal court

Saudi Omani conference Photo courtesy saudi press agency SPA

Saudi Arabia, Oman sign 13 investment agreements, value exceeds SAR1bn

The agreements were signed at the Saudi-Omani Investment Forum being held in Riyadh