October 5, 2023
Home Posts tagged Invest
Business

Saudi Alfanar Global Development to invest SAR 2 billion in Egypt

(RIYADH, DUBAI): On the sidelines of the Crown Prince Mohammed bin Salman’s visit to Egypt this week, Alfanar Global Development signed agreements worth SAR 2 billion (USD 532 million) with Arab Organization for Industrialization (AOI) and Benya Holding Group at the headquarters of the General Authority for Investment and Free Zones (GAFI) in Cairo. The agreements are […]
Tech

UAE-based Medad Technology to invest US$150 million in breakthrough inhalation technology and other disruptive technologies

A privately owned and funded UAE company is investing more than US$150 million in the research and development of new technologies that could pave the way for radical advances in healthcare, biotech, fintech and even sustainable mobility. Mohammed Alshaiba Almazrouei, Chief Executive Officer of Dubai-based Medad Technology, said the company has already patented several
Business

Best time ever to invest in Saudi Arabian ports

Gulftainer supports sustainable development of the sector Sharjah, United Arab of Emirates: (AETOSWire) — Saudi Arabia’s Vision 2030 is focused on leveraging the Kingdom’s strategic location to boost its role in connecting the continents of Africa, Asia and Europe. It’s unique location, coupled with the Saudi Ports Authority’s recent allocation of $2.4 billion
Business

Aramco Invests in Cognite

OSLO, Norway–(BUSINESS WIRE/AETOSWire)– Cognite, a global leader in industrial software innovation, announces today that Saudi Aramco, via its subsidiary Aramco Overseas Company B.V., has invested in Cognite by purchasing 100% of Aker BP’s shares in the company. “Cognite has proven that their technology delivers complex real-time insights seamlessly
Business

True Global Ventures Invests US$5 Million Into ChromaWay – the Web3 Pioneer Behind Chromia, My Neighbor Alice and Mines of Dalarnia, Leading the Latest Fundraising Round of US$10 million

SINGAPORE–(BUSINESS WIRE/AETOSWire)– True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$5 million into ChromaWay, leading the US$10 million latest fundraising round. ChromaWay is a leading Web3 pioneer, developing industry-defining blockchain technology platforms since 2014. ChromaWay are the creators of relational blockchain, a class of blockchain
Business

True Global Ventures Invests US$5.7 million into Coinhouse, a Leading Regulated Digital Assets Platform for Individuals, Companies and Institutions

Coinhouse is a pioneer since 2015 in the digital assets industry that now provides individuals and institutions an easy and secure way to acquire more than 40 digital assets SINGAPORE–(BUSINESS WIRE/AETOSWire)– True Global Ventures 4 Plus (TGV4 Plus) Fund has invested US$5.7 million and led the Series B round of US$17 million into Coinhouse, the […]
Business

UAE-based Bangladeshi auto industry players plans to invest in Bangladesh’s US$4.42 billion auto industry

UAE-based Bangladeshi auto parts traders and auto service providers are planning to invest in setting up a number of parts manufacturing plants in Bangladesh’s fast-growing US$4.42 billion automotive industry. Representatives of the UAE-based auto parts re-sellers and owners of auto service centres expressed their desire to set up auto parts manufacturing plants in
Business

Gold – Momentum to Invest Now?

Dubai, United Arab Emirates – (AETOSWire) : U.S. inflation accelerating to highs never seen before in over 30 years has swayed investors away from dollar-backed assets, and towards the safe haven. November holds more inflation reports due to G10 economies, which can further boost the safe haven. However, speeches from multiple European Central Bank (ECB) and […]

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