The Ministry of Investment of the United Arab Emirates and the Perak State Development Corporation in Malaysia have officially signed a Memorandum of Understanding (MoU) aimed at enhancing cooperation in food security. This agreement also includes plans for the development of the Bagan Datuk International Sea-Hub Multipurpose Terminal in Perak State, which reflects both parties’...
China has granted approval for Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), to acquire a 10% stake in China Asset Management Co (ChinaAMC), the country’s second-largest mutual fund company. This approval marks the first significant investment in the sector from a major Middle Eastern investor amid escalating tensions with Western nations. The approval...
Global investment giant International Finance Corporation (IFC), part of the World Bank, has invested $12 million in Play Ventures Inc., a leading company in immersive media. This funding is part of Play Ventures’ pre-series C round, aimed at enhancing its capabilities in the rapidly growing immersive media sector. Play Ventures Inc. is incorporated in South...
The United Arab Emirates (UAE) is set to offer industrial companies more than Dh40 billion, equivalent to approximately $10.89 billion, in financing over the next five years. This initiative aims to stimulate growth within the industrial sector and encourage expansion among various firms. In addition to the financing, the UAE government is launching a Dh1...
Saudi Arabia has announced over SR50 billion ($13.3 billion) in investment opportunities in the Hail region, aiming to diversify and strengthen the national economy. This initiative was highlighted during the Hail Investment Forum 2025, where the Ministry of Investment acted as a strategic partner. The event was held under the patronage of Prince Abdulaziz bin...
President Sheikh Mohamed has announced a significant commitment of $1.4 trillion in investments aimed at enhancing economic ties between the United Arab Emirates (UAE) and the United States. This announcement came during a visit from US President Donald Trump, who is currently concluding his Gulf tour in the UAE. The pledge reflects both nations’ intentions...
The Sharjah Investment and Development Authority (Shurooq) has announced significant developments in its 15-year journey of sustainable growth, completing 52 projects that span over 60 million square feet across Sharjah. The total investment value for these initiatives is AED7.2 billion, achieved through strategic partnerships. Among these projects are three real estate developments totaling AED5 billion,...
Riyadh, Saudi Arabia: Areeb Capital, a leading real estate fund management company, has announced the signing of a significant financing agreement with the Saudi National Bank (SNB) valued at SAR 5.8 billion. This agreement aims to bolster Areeb Capital’s financing capabilities for its ambitious investment projects within the Saudi real estate market. The deal marks...
The Abu Dhabi Investment Office (ADIO) has formed a strategic partnership with ITOCHU Corporation, a leading trading and investment firm from Japan. This collaboration aims to enhance investments in Abu Dhabi’s rapidly expanding economy. Credit: Abu Dhabi Media Office The partnership will focus on scaling investments in various sectors that are critical to the economic...
AqlanX, an artificial intelligence company based in the UAE, has announced a significant investment of $10 million from Lakeba Group through its venture DoxAI. This funding marks a crucial step in the region’s digital transformation journey and was made possible through connections facilitated by the UAE’s NextGen FDI initiative. The investment aims to enhance AqlanX’s...