Browsing: Investment

In a matter of a few years, the world has witnessed the rise of startups…

Abu Dhabi Ports Group intends to invest $3M into three cruise terminals in Egypt as part of a 15-year concession agreement with the Red Sea Port Authority, covering Safaga, Hurghada, and Sharm El Sheikh ports.

Saudi Real Estate Refinance Company (SRC), fully owned by the Public Investment Fund (PIF), has prolonged its refinancing arrangement with Alrajhi Bank by an additional SAR 5.8B, elevating the cumulative value of refinancing agreements between the two entities to SAR 10.8B.

Saudi Arabia has introduced an array of ambitious projects aimed at reshaping the nation into a global economic force. These initiatives, involving substantial investments in the billions of dollars, are designed to diversify the economy, generate employment opportunities, and position the country as a premier destination for trade and tourism.

IHC’s Board has sanctioned the initiation of transferring 2PointZero, a cutting-edge holding company encompassing diverse and dynamic firms, with plans to AED 100B ($27.2bn) in assets.

Qatar has recently sealed a landmark five-year agreement to supply Shell in Singapore with an annual quota of up to 18 million barrels of oil. This marks a notable milestone for the Gulf state’s energy sector, as QatarEnergy announced it as their first-ever extended crude sales deal.

The AD Ports Group from the UAE has entered into a concession agreement with Egypt’s Red Sea Ports Authority for the development and operation of a versatile terminal at Safaga Sea Port.

Marjan, the developer of freehold properties in Ras Al Khaimah, has revealed plans for a new landmark supported by Hilton on Al Marjan Island, a prominent tourism, business, and investment destination in the Northern Emirate.

Ras Al Khaimah has introduced a permanent residency visa programme through the Ras Al Khaimah Economic Zone (RAKEZ). The all-inclusive package presents an appealing opportunity for potential residents and entrepreneurs, providing numerous benefits at a reasonable rate.

The Roads and Transport Authority (RTA) in Dubai has revealed its Digital Strategy 2023-2030, featuring 82 projects and initiatives with a total investment of AED 1.6B ($436M).