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ADQ and SCIC Sign MoU to Enhance Investment Collaboration in Vietnam
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ADQ and SCIC Sign MoU to Enhance Investment Collaboration in Vietnam

The Abu Dhabi Developmental Holding Company (ADQ) has partnered with the State Capital Investment Corporation (SCIC), a sovereign wealth fund owned by the Government of Vietnam. They have signed a Memorandum of Understanding aimed at creating a framework for collaboration in key sectors of mutual interest within Vietnam. This partnership seeks to identify and assess...

Foreign Investors Pour $3 Billion into GCC Stocks in Three Months
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Foreign Investors Pour $3 Billion into GCC Stocks in Three Months

Foreign investors have shown strong interest in Gulf Cooperation Council (GCC) stock markets, investing a net $3 billion in just three months, according to Zawya and Kamco Invest. Between October and December 2024, both institutional and retail foreign investors actively purchased equities across the region. The surge in investments was fueled by robust IPO activity,...

Abu Dhabi Real Estate Attracts 125% More Foreign Investments in 2024
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Abu Dhabi Real Estate Attracts 125% More Foreign Investments in 2024

Abu Dhabi’s real estate market experienced a remarkable surge in foreign direct investments (FDIs) last year, with a 125% increase compared to 2023. The Abu Dhabi Real Estate Centre (ADREC) reported that the sector attracted over AED 7.86 billion ($2.14 billion) in FDIs during 2024. The investments came from 2,302 investors representing 105 countries, including...

Eagle Hills Commits Over $5.5 Billion to Transform Georgia’s Cities
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Eagle Hills Commits Over $5.5 Billion to Transform Georgia’s Cities

Eagle Hills, a global real estate developer based in Abu Dhabi, has signed a Memorandum of Understanding (MoU) with the Government of Georgia to invest over $5.5 billion in two transformative urban projects. According to the Emirates News Agency, this partnership aims to reshape Georgia’s cities of Tbilisi and Batumi, focusing on sustainability, innovation, and...

Italy and Saudi Arabia Seal $10 Billion Strategic Partnership
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Italy and Saudi Arabia Seal $10 Billion Strategic Partnership

Italy and Saudi Arabia have solidified a significant strategic partnership by signing agreements worth $10 billion. The announcement came after Italian Prime Minister Giorgia Meloni met with Saudi Crown Prince Mohammed bin Salman in AlUla, Saudi Arabia. One of the key deals involves Italy’s credit export agency, SACE, which committed to providing $3 billion in...

India and UAE Strengthen Bilateral Ties for Future Growth
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India and UAE Strengthen Bilateral Ties for Future Growth

India and the United Arab Emirates are reinforcing their partnership to support political and economic stability in the region. This cooperation builds on historical ties that date back to ancient maritime routes in the Arabian Sea, where both nations exchanged spices, pearls, textiles, and metals. Over time, India and the UAE have developed robust socio-economic...

Saudi Arabia Eyes $600 Billion Investment in the US
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Saudi Arabia Eyes $600 Billion Investment in the US

Saudi Crown Prince Mohammed bin Salman has revealed Saudi Arabia’s ambitious plan to invest $600 billion in the United States over the next four years. This announcement came during a phone call on Wednesday evening with former US President Donald Trump, as reported by the Al Khaleej. The Crown Prince emphasized the Kingdom’s commitment to...

Sharjah Chamber and Kerala Government Discuss Economic Cooperation
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Sharjah Chamber and Kerala Government Discuss Economic Cooperation

The Sharjah Chamber of Commerce and Industry (SCCI) engaged in discussions with officials from the Indian state of Kerala to explore cooperation in various economic sectors of mutual interest. The meeting aimed to enhance the investment climate and increase trade exchange volumes between Sharjah and Kerala to levels that reflect their potential. This business meeting...