Browsing: investment

Saudi Arabia is seeking to attract as much as $80 billion in private investment into the tourism industry as the Kingdom looks to share the financial burden of plans to become one of the world’s most visited destinations.

Bitcoin touched a record high on Tuesday, fueled by investors pouring money into US spot exchange-traded crypto products and the prospect that global interest rates may fall.

DUBAI – The sovereign wealth funds of Saudi Arabia and Bahrain have signed a memorandum of understanding (MoU) to boost cooperation and investment in strategic sectors, Saudi state TV reported.

With the recently introduced Digital Agenda (DA) 2030, the Ministry of Communications and Information Technology (MCIT) noted that Qatar positions itself as a frontrunner in shaping the global digital landscape

Oman has planned to invest over US$31bn by 2040 in the tourism sector, H E Azzan al Busaidi, Undersecretary for Tourism, stated at ITB Berlin.

The conference, overseen by Kuwait Direct Investment Promotion Authority, comes at a time where relations are undergoing continuous improvements

RIYADH: Saudi Arabia’s international technology conference LEAP is set to witness $11.9 billion of investment deals over its three-day duration — eclipsing last year’s figure of $9 billion, according to a senior minister. 

The euro was a fraction firmer at $1.08455, sterling was up 0.13% at $1.2670 and the Japanese yen fluctuated around the closely watched 150 per dollar level

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.7%, after snapping a five-week winning streak with a slight drop last week

RIYADH: Emerging companies and innovative technologies are poised to receive an investment boost with the launch of Tali Ventures, a specialized firm founded by stc group.