Investments - Middle East News 247
December 13, 2024
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Investments

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UAE Real Estate Poised for Potential Growth as Trump’s Return Influences Global Investment Trends

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The recent US election outcome, which saw Donald Trump elected as the 47th President, has already begun stirring up global markets, creating new opportunities and challenges across international real estate landscapes. For the UAE, particularly Dubai and Abu Dhabi, the influence of Trump’s administration could introduce dynamic shifts and potential growth within the real
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Deem Finance Becomes the First Employer to Enroll in Daman Investments’ End of Service Program

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Deem Finance, a UAE-based, digitally-driven financial services provider, is pleased to announce a pioneering collaboration with Daman Investments, thereby becoming the first institution to participate in their newly introduced End of Service Program, which has received approval from the Ministry of Human Resources and Emiratization (MOHRE). This innovative initiative is
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Mostafa Bin Abdullatif Investments Celebrates 100 Years of Excellence with the Return of Chubbsafes Corporate Golf Day

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Axon Business Systems, a subsidiary of Mostafa Bin Abdullatif Investments (MBAL Group), has announced the return of `Chubbsafes Corporate Golf Day in partnership with Chubbsafes, a brand under Gunnebo Middle East. The highly anticipated event is set to take place on 6th November and will serve as a platform to celebrate MBAL Group’s remarkable 100-year […]
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HID Announces Major Expansion with Continued Investments in Saudi Arabia, at Intersec Saudi 2024

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HID, a worldwide leader in trusted identity solutions, today announced its expansion in Saudi Arabia at Intersec 2024, with continued investments in talent acquisition, cutting-edge technology, and its channel ecosystem. As part of its strategic focus on the Middle East, the company aims to strengthen its presence and enhance service offerings to meet the growing […]
Global Aerospace Summit
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Global Aerospace Summit 2024 set to fast-track greater investments for the future of the aerospace industry

The seventh edition of the Global Aerospace Summit is set to return to Abu Dhabi in September 2024. Representing the aerospace, aviation, space, and defence sectors, the premier thought leadership forum will aim to accelerate investments to drive greater sustainability, youth engagement and innovation for the industry. The Summit is a CEO-led, critical meeting of […]
Ministry of Economy
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Ministry of Economy reviews new Competition Regulation law and its role in developing regulatory & legislative frameworks

 The Ministry of Economy organized a media briefing to review the Federal Decree-Law No. 36 of 2023 on competition regulation, which aims to promote and protect competition in the country, combat monopolistic practices, counter harmful economic concentration of consumers, support the growth of economic sectors and boost productivity, thus enhancing the country’s
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Independent Survey of Nearly 3,000 Global CFOs and CIOs Reveals Growing Demand for Results and ROI

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced the findings of the Censuswide survey, “C-suite Imperatives: Evolving IT and Enterprise Investments.” The Rimini Street-sponsored
Hitachi Energy
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Hitachi Energy to invest additional $1.5 billion to ramp up global transformer production by 2027

Hitachi Energy today revealed investments of over $1.5 billion to ramp up its global transformer manufacturing capacity to keep pace with the growing demand and support the long-term plans and electrification efforts. The investments will gradually expand the company’s global transformer capacity by 2027 and are in addition to the $3 billion already announced to […]
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Turkish electrical control equipment manufacturer XKoren accelerates Middle East investments

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DUBAI, United Arab Emirates — Turkish electrical control equipment manufacturer XKoren Electric has intensified its global expansion strategy with a €50 million investment. Striving to position itself as a leading global provider of eco-friendly electrical control equipment during the green energy transition, XKoren will extend its cutting-edge smart switchgear solutions,
EDB
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Emirates Development Bank supports food security

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Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of UAE economic development and industrial advancement, announced that since the launch its new strategy in April 2021, the bank has approved over AED 721 million financial support for food security projects. EDB has allocated AED30 billion to support 13,500 SMEs in five
Business

Saxo Bank Surpasses 1 Million Clients

Dubai, United Arab Emirates, 20 June 2023: Saxo Bank, which offers online trading platforms, investing, and wealth management solutions, announces a new milestone as it passes 1 million clients, showcasing that more people are starting to take control of their own investments. This milestone comes shortly after the recent news that its client assets globally […]
Business

WEALTH FUNDS LIKELY TO INCREASE AFRICA INVESTMENTS

Dubai, United Arab Emirates – 15 June, 2023:  Sovereign investors from the UAE and wider GCC bloc are likely to ramp up investments across African countries, building on a 50 percent jump in capital flows from the Middle East over the past five years, say experts. Agriculture, energy and infrastructure are sectors likely to benefit from […]

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