The new facility will offer warehouse space of 100,000 square metres
Trends show investors have been buying bonds in a range of financial and corporate issuers, where yields provide a boost to the income the funds produce
International banks including Citigroup and Bank of America have been expanding in the kingdom
The investment is expected to create more than 5,000 jobs and will be the first of several deals announced by the fund over the next year
The award-winning licensed and regulated platform, founded nearly a decade ago by traders for traders, has reportedly attracted over a million subscribers
The Public Investment Fund signed a subscription agreement that would involve it buying 63 million newly issued shares
The company has signed service agreements allowing for 33 warehouse facilities across the region, including in the UAE, Saudi Arabia, Qatar and Oman
The reductions will focus on roles that have been automated by investments in engineering and product and support functions
The agreement underscores growing economic ties between the two countries and will drive investor interest in Greece
Prince Alwaleed, chairman of the board at Kingdom Holding Company, has now agreed to roll over his current investment
The fund claims to be the largest venture debt fund in the GCC
Clients are increasingly seeking the advice of asset managers who possess a rich knowledge of local and regional market dynamics
Saxo Bank MENA’s CEO Damian Hitchen talks about the region’s fintech space and the challenges faced by the financial sector
Gas is a cleaner fuel than crude oil
What investors can look forward to this year
The Covid-19 pandemic has effectively broadened the investment landscape, explains AIX Investment Group’s board advisor Fadi Dabbagh
In Egypt, we closed three accelerated equity offerings, out of which one was the first dual listing of a London listed company on EGX
The investment in Abu Dhabi Chemicals Derivatives Company, known as Ta’ziz, is part of an Dhs8bn strategy announced last week
The investment will be used to expand to more fruits and vegetables and open its first centre in Qatar in 2023
Investment holding company Al Qudra’s board has approved a new foreign ownership limit of 30 per cent of outstanding shares
The Riyadh-based startup was established in March 2021 by entrepreneur Sumeet Khutale who has recently relocated from London to the kingdom
ADNOC also announces an increase in national reserves of 4 billion STB of oil and 16 trillion SCF of natural gas
The fresh capital will support iMile’s plans to hire more engineers in China and invest in its technology
The Abu Dhabi-based investment company has been rapidly expanding its healthcare division this year
The region needs to capitalise on the economic benefits of the sustainable energy industry
Reliance and Aramco had signed a non-binding letter of intent in August 2019 for a potential 20 per cent stake in Reliance’s oil-to-chemicals unit
Property is seen as the most important investment class for Indians in the UAE
The investments are in the form of procurement awards to contractors
The investment firm is diversifying its business with plans to also launch in Saudi soon, says Ali AbdulKareem Ali, senior executive director at Century Financial
The new capital will be used to fuel the growth of its digital lending operations, deepen its AI and predictive analytics capabilities and grow its global talent pool