Tag: Investment
ADNOC enters massive property deal with investors group
Abu Dhabi National Oil Company (ADNOC) has signed a $5.5 billion deal with Apollo Global Management to lease some of its properties on a...
Dubai-based Fetchr raises $15 million in investment
Dubai-based logistics company Fetchr raised $15 million in new investment as startup funding in the region picks up after the COVID-19 led slowdown.
The money...
ADIO improves Musataha agreement: Private Sector to have bigger role in...
Following to its earlier commitment of infusing $5 million into the Bedaya Fund to provide greater funding opportunities to the startups in the MENA...
UAE banking sector made investments worth $4.5 billion in April 2020
The Central Bank of UAE has reported that UAE’s banks made investments worth $4.51 billion (AED16.6 billion) in April 2020.
Banks are appropriating their excess...
Saudi G20 presidency to conduct extraordinary trade and investment meeting
The Saudi G20 Presidency will conduct an extraordinary meeting on May 14 to consider ways to reduce severance to trade and global supply chains...
Saudi PIF eyeing a minority stake in Reliance’s Jio
One of the largest sovereign wealth funds around the world, Saudi Arabia's Public Investment Fund (PIF), which manages over $320 billion in assets is...
Saudi banks have enough liquidity to help the private sector during...
Finance Minister Mohammed al-Jadaan said that Saudi Arabia’s banks have enough liquidity to sustain the demands of the private sector irrespective of the pressures...
Saudi Arabia’s outlook downgraded to “negative” by Moody’s
Distinguished American business and financial services company Moody's (Moody's Corporation) Investors Service has downgraded Saudi Arabia's outlook to outlook to negative from stable citing...
