The trade pact follows a significant increase in bilateral non-oil trade between the two countries, which reached a record $53.1m in 2023
The kingdom hopes to attract $100bn in FDI by 2030 to boost non-oil gross domestic product
The new trade licences are expected to increase government revenue, ensure business continuity, and promote economic growth
The corridor is an ambitious ship and rail network that will connect Europe with India through the UAE, Saudi Arabia, Jordan and Israel
MGX counts Abu Dhabi wealth fund Mubadala Investment Company and Group 42 as its founding partners
In 2023, Oman received four million visitors, up from 2.9 million in 2022, a year-on-year rise of almost 38 per cent
The agreement aims to expand cooperation between the two parties and enable new and promising investment opportunities in Bahrain
AIX has become one of the big-name investment advisory firms here where GCC and global investors turn to invest their wealth
The almost 30-year-old global watchdog tries to strike deals by consensus, but such efforts are becoming more and more difficult
The investment group said the All3Media deal is its fifth acquisition and the largest so far
Saudi Arabia’s Minister of Investment, Khalid Al-Falih shared these milestones at the third Saudi Capital Market Forum in Riyadh on February 19
The agreements seek to eliminate double taxation, additional taxes, indirect taxes, and tax evasion while addressing cross-border trade challenges
The new office presents an opportunity for the company to explore new partnerships and investments
The fund offers funding and investment solutions to various investor categories including private sector organisations, SMEs, foreign investors, and startups
The fund is chaired by Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince and Chairman of The Executive Council of Dubai
Abeer operates about 50 health-care facilities including hospitals, pharmacies and clinics in Saudi Arabia and the GCC region
The five new premium residency products offer a wide range of benefits to holders, including the ability to conduct business and own real estate properties
The investment vehicle’s sprawling portfolio includes Abu Dhabi’s newest fund Lunate, International Resources Holding, and private investment firm Chimera
The $180m equity stake marks the initial strategic investment by Alpha Dhabi in the venture
Chief Investment Officer of Saxo Bank, Steen Jakobsen, recently sat down with Gulf Business in an exclusive interview on the economic picture for 2024
The fund said the investment will enable MEPCO to expand its production, raise its operational efficiency, and support environmental sustainability
Abu Dhabi’s International Holding Company (IHC) has announced the establishment of 2PointZero, a company which will have more than Dhs100bn in assets
A major uptick in investor accounts have been recorded on the Dubai Financial Market (DFM), helped by interest in the Dubai Taxi IPO
The business is well-positioned to capitalise on the growing demand for health and wellness, making it an attractive investment opportunity
The most noticeable change to the public from Charlie Munger’s death will be Berkshire’s annual weekend, which draws tens of thousands of people to Omaha
Foreign investment levels in Saudi Arabia’s capital markets are on a tear, with demand rising dramatically over the last eight years since regulators started opening up trading.
Alpha Dhabi said its diversified portfolio has been a major driver behind the growth in revenue
The UAE’s Ministry of Investment has identified potential investments worth over $2bn for the projects in this partnership
The Investment Corporation of Dubai is the principal investment arm of the emirate’s government
This development follows last week’s announcement by IHC that it had entered a definitive agreement to sell its stake in AGEL and ATL