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...
Category: Investments
Post
UAE to Provide $11 Billion in Financing to Industrial Firms Over Next Five Years
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...
Post
Saudi Arabia Unveils $13.3 Billion Investment Opportunities in Hail Region
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...
Post
President Sheikh Mohamed Commits $1.4 Trillion in Investments to the US
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...
Post
Shurooq Drives Sustainable Growth in Sharjah with $1.9 Billion Investment Across 52 Projects
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,...
Post
Areeb Capital Secures SAR 5.8 Billion Financing Agreement with Saudi National Bank
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...
Post
ADIO and ITOCHU Corporation Partner to Boost Investments in Abu Dhabi
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...
Post
AqlanX Secures $10 Million Investment from DoxAI to Launch Arabic-First Enterprise AI in the Middle East
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...
Post
NRIs in UAE, Singapore, and Mauritius Benefit from Tax-Free Mutual Fund Gains
As India solidifies its position as one of the fastest-growing economies globally, the Non-Resident Indian (NRI) community is increasingly aligning its investments with India’s economic growth. NRIs are diversifying their portfolios across various sectors, including real estate, equities, and alternative assets. This renewed interest is driven by India’s robust economic resilience, regulatory reforms, and the...
Post
UAE Investments in Belarus Surpass $4 Billion, Minister Announces
Dr. Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade, has announced that investments from the United Arab Emirates in Belarus have now exceeded $4 billion. This significant milestone highlights the expanding economic relations between the two countries, characterized by a remarkable qualitative leap across various industries. Al Zeyoudi emphasized that the...