Browsing: strategic investment

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is set to acquire a majority stake of 54 per cent in MBC Group from the Ministry of Finance, represented by Istedamah Holding, for a total of $2B (SAR 7.5B).

British International Investment (BII), the UK’s development finance institution, has pledged up to $35M for the first phase of a new container port in the Democratic Republic of Congo (DRC). The Port of Banana will be the DRC’s first deepwater container port, enhancing the country’s access to global markets and unlocking significant trade potential.

The CEO Clubs Network, one of the largest networking organizations in the world, had a…

Abu Dhabi-based renewable energy company, Enersol, has announced the increase of its stake in the…

Abu Dhabi National Oil Company (ADNOC) has made a significant move into the United States…

In a landmark move, the Abu Dhabi National Oil Company (ADNOC) has made its first…

Binghatti has purchased a cutting-edge steel manufacturing facility in Dubai, the company highlighted the acquisition of steel factory.

G42, the foremost artificial intelligence (AI) technology holding company based in the UAE, and Microsoft have unveiled a strategic investment of $1.5B by Microsoft in G42.

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

The AIM Congress 2024, fostered by the AIM Global Foundation, is a testament to the…