His Excellency Abdulla bin Touq Al Marri, Minister of Economy, has asserted that the preliminary estimates of the UAE’s GDP in the first half of 2024, issued by the Federal Competitiveness and Statistics Centre, reflect remarkable economic growth and competitiveness, solidifying the country’s
Investment
Investopia has launched a new edition of its global dialogues titled ‘Investopia Tokyo,’ aimed at catalysing investment in the new economy, financial services, advanced manufacturing, entrepreneurship, small and medium enterprises (SMEs), and technology sectors. The initiative also highlighted emerging global trends in fast-growing industries and modern financing trend s
The record AED120 million sale of a luxury villa in Dubai’s Emerald Hills community highlights an investment strategy delivering exceptional returns for ultra-high-net-worth individuals (UHNWIs). The sale brought a AED40 million profit for an investor who retained fäm Properties to find the ideal plot, design and manage construction of the stunning 25,000 sq. ft villa,
The UAE-China Joint Investment and Economic Cooperation Working Group convened for its inaugural meeting aimed at enhancing the economic ties and investment growth between UAE and China with special focus on elevating cooperation in sectors of mutual interest – including the new economy, entrepreneurship, tourism, aviation, and logistics services. The meeting
Weekly Recap: Central banks on the move Last Monday, the Nasdaq index temporarily surpassed the 20,000-point mark, setting a new record. Strong economic growth, increasing corporate profits, moderate inflation, and the beginning of central banks easing their monetary policies have all contributed to the stock market’s successful performance this year. However, some
Alpen Capital is pleased to announce that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI), world’s leading proponent of responsible investment. Supported by the United Nations, the PRI works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, announced the introduction of AI-generated news summaries to its News & Research offering. This advanced feature, available at no additional cost, enables clients to access concise summaries of news articles, streamlining insights from leading providers and making it easier for investors to
From December 10-11, 2024 The Ras Al Khaimah Investment and Business Summit (RAKIS) is just a few days away. Scheduled for December 10-11, 2024, at the Al Hamra International Exhibition & Conference Centre, the event brings together global business leaders, investors, and policymakers. The summit aims to explore new opportunities for investment and trade in […]
VSS Capital Partners (“VSS”), a private investment firm investing in the healthcare, education, and business services industries, is pleased to announce that Pinnacle Investment Management Group Limited (ASX: PNI) (“Pinnacle”) has made a strategic minority investment in the firm. Concurrently, VSS has expanded its Partnership and leadership team, elevating four seasoned
Agility Robotics, creator of the leading bipedal Mobile Manipulation Robot (MMR) DigitⓇ, today announced during an appearance at global technology conference Web Summit that Schaeffler has made a minority investment in the company. In addition to the investment, the companies have signed an agreement in which Schaeffler, the motion technology company,
Berkshire Partners (“Berkshire”), a Boston-based private equity firm focused on the middle market, today announced the close of Berkshire Fund XI (“Fund XI”) with approximately $7.8 billion in capital commitments, making it Berkshire’s largest fund since the firm’s inception in 1986. Fund XI was meaningfully oversubscribed, which the firm believes underscores investors’
Bayut, the leading property portal in the UAE, has released its Q3 market report for Abu Dhabi where search trends point to a strong performance in both the capital’s affordable and luxury segments. The report comprehensively analyses the relationship between economic variables and demographic trends, which have been instrumental in shaping the city’s real estate
Stryde, the first and only regulated private market investment platform in the MENA region, is redefining access to private markets, making regional and global high-growth opportunities in private equity and venture capital available to both retail and institutional investors. Previously restricted, complex and fragmented, private markets are now within reach of a broader
TVM Capital Healthcare, an international healthcare expansion and growth capital firm, today announced a recent equity investment in San Francisco-based Human Longevity, Inc. (HLI), a global leader since 2013 in advancing precision medicine in the pursuit of healthy aging, often referred to as longevity medicine. The investment will support the company’s growth within the
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has introduced a new initiative enabling customers to invest in the UAE equity markets at zero transaction fees, thereby encouraging the growth of domestic stocks and boosting economic growth in the country. The bank’s recent initiative is in line […]
Boyd Watterson Asset Management (“Boyd Watterson”) and Amber Infrastructure Group Holdings Limited (“Amber”) announced they have completed their previously-announced strategic combination. The transaction closed on August 30 following the receipt of all necessary investor consents and regulatory approvals, including UK FCA consent. The combination creates a global
Veracode, a global leader in application risk management, today released a commissioned study conducted by Forrester Consulting on The Total Economic Impact™ (TEI) of Veracode’s Application Risk Management Platform. The study revealed that Veracode delivered a 184 percent return on investment (ROI) to customers over a three-year period, as well as a material Net
Chandramari Group, renowned for its diverse portfolio of successful dining ventures, announced the launch of its latest culinary concept, Zordaar, backed by substantial investment of AED 5 million. This innovative Indian restaurant is set to redefine the dining experience by blending traditional flavours with contemporary culinary techniques, offering a menu that
Future Food Foundry (3F), a UAE-headquartered agri-food technology company, has announced a significant investment in NextGen Farms (NGF) and Sustenir Group. This strategic deal, worth over USD 20 million dollars, will merge the two companies to create the largest plant superfood ecosystem in Singapore. Having already invested in multiple UAE-based agri-food technology
By Marc Pussard, Head of Risk at APM Capital Geopolitical events profoundly influence commodity prices, a crucial factor for investors to consider when shaping their strategies. It’s essential to take a strategic approach when considering these influences. According to a recent Fitch Ratings report, global commodity prices have been influenced by the wars in the […]