Egypt-based fintech company MNT-Halan has announced its expansion into the UAE, marking a significant growth phase for the unicorn startup. Co-founder Mounir Nakhla emphasizes that the company has only begun to tap into its full potential, highlighting the mission to redefine financial access for millions. Founded in 2018, MNT-Halan originally launched as a ride-hailing platform....
With big plans and new rules, the United Arab Emirates is setting itself up to be a star in the economy of the future. The UAE has become one of the most forward-thinking and innovative countries in the world as global economic trends change. It has done this by building a unique economic model that...
The countries in the Gulf Cooperation Council (GCC) had a total of $804.1 billion in foreign savings at the end of the first half of 2024. This number shows how strong these countries’ economies are in the face of changes in the world economy. Not only does this large amount show that the GCC is...
Dr. Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade, led an Emirati delegation on an official visit to Warsaw, Poland. The visit, which took place on February 20, aimed to explore potential areas for trade and investment collaboration between the two nations. During the visit, Minister Al Zeyoudi emphasized the...
During the World State Conference-2025, the UAE and Sri Lanka signed a promotional and mutual investment security agreement aimed at strengthening their economic and investment relationships. The agreement was officially signed by the UAE Minister of State Mohammad Bin Hadi Al Hussaini and Sri Lanka’s Minister of Foreign Affairs Vijitha Herath. This bilateral agreement establishes...
Dr. Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade, announced that negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Japan are set to be completed by the end of 2025. In his statement to the Emirates News Agency (WAM), Dr. Thani Al Zeyoudi emphasized that the terms...
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...
The UAE and Argentina are exploring ways to deepen their economic relationship and boost investments. A high-level seminar held in Abu Dhabi, organized by the Ministry of Economy and the Abu Dhabi Chamber of Commerce and Industry, brought together top officials and business leaders from both countries to discuss new opportunities. Dr. Thani bin Ahmed...
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’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...