October 22, 2021 The Abu Dhabi Department of Economic Development (ADDED) has launched a new virtual license for investors which covers 13 key economic sectors including agriculture to trade. These sectors have been identified by the Abu Dhabi government to…
October 20, 2021 A huge influx of millionaires in Dubai has contributed to the recent housing market boom in the emirate, with several ultra-high-net-worth individuals (UHNWIs) acquiring $8 million-plus homes since 2020, according to Luxhabitat Sotheby’s. Read the original article…
October 17, 2021 Propelled by increased economic activity, consumer confidence in Dubai surged to its highest level in 10 years during the third quarter of 2021, the Consumer Confidence Index tracked by Dubai Economy showed. Dubai’s rebounding real estate is…
October 14, 2021 Saudi Arabia’s Future Investment Initiative forum to be held in Riyadh this month is expected to see more investment deals that will bring total deals made under this initiative to $125 billion since its launch in 2017.…
October 13, 2021 The United Arab Emirates allocated 2.4 billion dirhams for financial investments in its 2022-2026 budget, the state news agency WAM reported on Wednesday. The United Arab Emirates' cabinet on Tuesday approved federal spending of 290 billion dirhams…
October 7, 2021 The UAE will invest more than 600 billion dirhams ($163 billion) in clean and renewable energy over the next several years to achieve net-zero emissions by 2050, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister…
September 27, 2021 Above the global average of 65%, over 74% of UAE investors want to leave a positive legacy through sustainable investing. Investments in more responsible assets from an environmental, social or governance (ESG) perspective continue to grow in popularity,…
September 26, 2021 Resonance Consultancy study on The World Best Cities 2021 now ranks Dubai fifth on their global scale. First place went to London followed by Paris (second place), New York (third) and Moscow (fourth). Abu Dhabi landed 14th…
September 20, 2021 As part of the largest restructuring roadmap in its history, over the next four years Kuwait will merge and reshape ministries and create new long-term strategies. The nation’s new plan consists of reviewing laws in investment, foreign…
September 16, 2021 Following £1.1bn already invested by the UAE in UK companies and funds, Abu Dhabi’s sovereign wealth fund Mubadala Investment Co has signed a further commitment of USD13,8 billion with the UK Office for Investment (OfI) to expand…