Browsing: Investment

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).

During the Bashayer 2023 event at the Royal Diriyah Golf Club in Wadi Safar, the first nine holes and the driving range of the golf course were showcased. This marks the commencement of an annual series of events aiming to unveil new developments and initiatives in Diriyah and showcase the project’s progress.

CEO Bricks and Woods Ankur Aggarwal, an eminent figure in finance, business consultancy, and real…

Abu Dhabi-based healthcare platform PureHealth has secured $72B in (AED 265B) in investor orders for its $986M (AED 3.62B) initial public offering (IPO) on the local stock exchange

Dubai experienced a remarkable 110 percent year-on-year increase in tenant registrations for rentals last month. Landlords responded by listing 91 percent more properties, indicating a shift towards a more landlord-friendly real estate market in the city, as reported in Allsopp & Allsopp’s latest market analysis.