Browsing: Investment

Aramco has dedicated an additional $4B to its global venture capital arm, Aramco Ventures, more than doubling its total investment allocation from $3B to $7B.

The Republic of Korea’s industry ministry revealed on Tuesday its intention to invest $3T won ($2.26B) in the robot sector.

A total of 2,910 real estate and property transactions, amounting to AED 10.1B, were conducted during the week ending on January 12, according to the Dubai Land Department (DLD).

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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.