Saudi Arabia’s net foreign direct investment (FDI) decreased by 7% in the first quarter of 2025 compared to the previous quarter, according to government data released on Sunday. The kingdom attracted 22.2 billion riyals ($5.92 billion) in FDI during the three months ending March 31, down from 24 billion riyals ($6.40 billion) in the last...
The UAE-India CEPA Council (UICC), in collaboration with the Embassy of the United Arab Emirates in India, launched the UAE-India CEPA Start-up Series during a high-profile event in New Delhi. This initiative aims to enhance innovation and support the international growth of Indian start-ups as part of the commitments outlined in the UAE-India Comprehensive Economic...
Sharjah is set to host the 29th World Investment Conference, a move that highlights the United Arab Emirates’ growing influence on the global investment landscape. This significant event, organized by the Sharjah FDI Office, aims to bring together investors and business leaders from around the world to discuss opportunities and challenges in the investment sector....
The UAE and Ukraine have officially signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at enhancing trade and investment relations between the two nations. The agreement was executed on Monday by Dr. Thani Al Zeyoudi, the UAE’s Minister of State for Foreign Trade, and Yulia Svyrydenko, Ukraine’s First Deputy Prime Minister and Minister of Economy....
DroppRWA, a sister company of the Web3 technology provider DroppGroup, has teamed up with Saudi Arabia’s real estate developer RAFAL Real Estate Co. to execute the kingdom’s first-ever real-world asset (RWA) tokenization transaction. This initiative represents a significant turning point, as the RAFAL pilot will serve as a national feasibility benchmark for the future of...
The UAE and Serbia are set to enhance their economic relations with a target of a $350 million trade partnership following the launch of the Comprehensive Economic Partnership Agreement (CEPA). This agreement marks a significant milestone in establishing stronger economic ties between the two nations. The CEPA has officially come into effect, aiming to foster...
Invest Qatar has officially launched a $1 billion incentives program aimed at enhancing Qatar’s reputation as a major global business hub. The announcement was made during the 5th edition of the Qatar Economic Forum. This new initiative offers a comprehensive suite of incentive packages tailored for both local and international investors. According to QNA, these...
The UAE and Bahrain are aiming to strengthen their collaboration in vital sectors such as transport, logistics, and infrastructure. Recently, Suhail Mohamed Al Mazrouei, the UAE Minister of Energy and Infrastructure, met with Dr. Shaikh Abdulla bin Ahmed Al Khalifa, the Minister of Transportation and Telecommunications in Bahrain, to discuss potential joint projects. During their...
Dubai’s Jebel Ali Free Zone (Jafza), managed by DP World, has celebrated its 40th anniversary with significant achievements, reporting record-breaking trade volumes of $190 billion over the past year. This figure represents a 15 percent increase from the previous year and marks the highest contribution Jafza has made to Dubai’s economy, as announced by DP...
For the third consecutive year, Dubai has been recognized as the top global destination for attracting Greenfield foreign direct investment (FDI) projects in the cultural and creative industries, according to the Financial Times’ ‘fDi Markets’ report, which evaluated 233 cities worldwide. In 2024, Dubai successfully attracted 971 projects in this sector, resulting in total FDI...