Browsing: fund

The UAE’s economy is expected to grow by 3.9 percent in the current year, 2024, rising to 6.2 percent in 2025, according to the Arab Monetary Fund (AMF).

RIYADH: A Brazilian firm is looking to tap Saudi investors in an attempt to launch a $600 million fund to support the South American country’s climate and energy sector.  

RIYADH: Real estate development in the Eastern Province is set to receive a boost as two Saudi firms agree to launch a fund worth SR1.37 billion ($365 million) to drive investment in the sector.

RIYADH: Saudi Arabia’s stock exchange has approved the listing of SR45.28 billion ($12.08 billion) worth of government debt instruments submitted…

At the end of Q1 of 2024, the public revenue amounted to OMR2.826 billion

The Minister of Local Development explained that investment was encouraged and private sector activities in the field of agricultural industrialization were promoted, through developing about 341 fixed technological centers

Russian Agriculture Minister Dmitry Patrushev said earlier that the ministry planned purchasing interventions on the grain market in the volume of up to 2 mln tons, adding that global grain prices and high yield expectations put pressure on domestic grain prices

RIYADH: Saudi banks are expected to pursue alternative funding strategies to deal with the rapid expansion in lending, fueled by the demand for new mortgages, according to S&P Global.

Kuwait has invested nearly $15 billion in industrial projects and other sectors in Egypt and the assets are expected to surge in the next years following the Kuwaiti Emir’s visit to Cairo, an Egyptian newspaper said on Thursday.

The Egyptian government has submitted a request to the International Islamic Trade Finance Corporation (ITFC), a subsidiary of the Islamic Development Bank (IsDB), to increase its annually-obtained credit limit for purchasing wheat by roughly 150% to $500 million, a government official told Asharq Business.