Home Posts tagged Investment (Page 4)

Investment

NEWS DESK

The Ministry of Investment of Saudi Arabia, the National Industrial Development Center, Stellantis, and Petromin Sign MoU to Explore Joint Vehicle Manufacturing Project in Saudi Arabia

On the occasion of the U.S.-Saudi Investment Forum, The Ministry of Investment of Saudi Arabia (MISA), the National Industrial Development Center (NIDC), Stellantis, and Petromin Corporation have signed a four-party Memorandum of Understanding (MoU) to explore the establishment of a vehicle manufacturing project within the Kingdom of Saudi Arabia. The signing ceremony took
NEWS DESK

Dubai’s commercial market surges past AED 12.3 billion in October as off-plan offices lead a new investment cycle

Dubai’s commercial property market posted one of its strongest months on record in October, with sales transactions rising 21.4% year-on-year to 1,274 deals valued at AED 12.3 billion — a 9.9% increase versus October 2024, according to Engel & Völkers Middle East, a leader in premium residential and commercial real estate services. The momentum was […]
NEWS DESK

DHL Express to Establish First Regional Aircraft Maintenance Hangar with USD 85.1 Million Investment

DHL Express, the world’s leading express and logistics provider, has announced plans to construct a world-class aircraft maintenance hangar at Bahrain International Airport. With a total investment of USD 85.1 million, the project marks one of DHL’s largest aviation infrastructure investments in the Middle East and North Africa. The new facility will be the first […]
NEWS DESK

Gulfood Manufacturing 2025 Witnesses Double-Digit Growth as Middle East Becomes a Magnet for Investment, Talent and Technology

The Middle East has become a magnet for investment, talent and technology as it redefines the geography of global food production. As supply chains recalibrate in the wake of geopolitical and economic shifts, manufacturers are moving operations closer to the UAE and wider GCC, drawn by its unmatched logistics infrastructure, open trade routes and advanced […]
NEWS DESK

Cercli Raises $12M Series A for AI-Native Workforce Platform, Marking Picus Capital’s First MENA Investment

Cercli (www.cercli.com), the modern platform for enterprises to hire, manage, and pay their global workforce in the age of AI, has announced a $12 million Series A round led by Germany headquartered Picus Capital. The round also saw participation from Knollwood Investment Advisory, existing investors Y Combinator, Afore Capital, and COTU Ventures who doubled down on
NEWS DESK

H.E. Bin Touq holds meeting with French ministers to discuss enhancing economic partnership, including tourism cooperation and investment

H.E. Abdulla bin Touq Al Marri, Minister of Economy and Tourism, held a meeting in Paris with H.E. Éric Lombard, French Minister of Economy, Finance, Industrial and Digital Sovereignty, and H.E. Nathalie Delattre, Minister Delegate for Tourism. The discussions focused on strengthening the economic partnership between the UAE and France, expanding areas of economic and […]
NEWS DESK

Dubai Chambers concludes trade mission to Ireland to strengthen trade and investment cooperation

Dubai Chambers has explored prospects for joint trade and investment opportunities with public and private sector stakeholders during a series of meetings in Ireland, with the goal of strengthening economic partnerships with the Irish business community and opening new avenues for growth and cooperation across strategic sectors. The meetings were held during an official
NEWS DESK

Faraday Future Announces Strategic $41 Million Investment in Qualigen Therapeutics, Inc. (NASDAQ: QLGN) for Crypto Business Through PIPE Transaction

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, and Qualigen Therapeutics, Inc. (NASDAQ: QLGN) (“QLGN”), jointly announced that they have entered into a securities purchase agreement (the “Agreement”) for a private investment in
NEWS DESK

DFSA and Securities and Futures Commission bolster ties in supervising cross-border investment management

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), and the Securities and Futures Commission (SFC), the independent statutory body responsible for the regulation of Hong Kong’s securities and futures markets, today signed a Memorandum of Understanding (MoU) to deepen cooperation on the
NEWS DESK

ECI and Arab Bank for Investment and Foreign Trade sign MoU to advance bilateral collaboration

Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a Memorandum of Understanding (MoU) with the Arab Bank for Investment and Foreign Trade (Al Masraf). This strategic agreement is designed to enhance collaboration across various domains related to insurance and risk management, in support of the trade and real estate sectors. Moreover, it […]
NEWS DESK

The Hillgate by Ellington: A Distinct Investment and Lifestyle Opportunity for First-Time Buyers in Dubai Silicon Oasis

In the heart of Dubai Silicon Oasis, The Hillgate by Ellington Properties is redefining what it means to live and invest in the city. As Ellington’s first residential development in this rapidly evolving district, The Hillgate introduces a blend of design excellence, wellness-focused amenities, and community living – crafted for those seeking a meaningful and […]
NEWS DESK

Global Infrastructure Expo returns to Riyadh, connecting key decision makers and solution providers supporting Saudi Arabia’s $1 trillion investment drive

Saudi Arabia’s $1 trillion investment pipeline is reshaping its urban and economic landscape and Global Infrastructure Expo returns to Riyadh to connect the people and solutions driving this transformation (Source: Knight Frank). Taking place from 15-17 September 2025 at Riyadh International Convention & Exhibition Center (RICEC), the event is held under the Patronage