Browsing: investment

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.

During their visit, the group toured the state-of-the-art facilities of U-PAK and Mabani Steel in RAKEZ’s Al Hamra Industrial Zone 

Gold prices were poised for a second straight weekly decline, although bullion held nearly steady on Friday as investors remained cautious ahead of the U.S. non-farm payrolls data that could provide cues on the Federal Reserve’s rate cut timeline.

The exchange aims to jumpstart listings by working with business groups, company accountants and public officials, following just four listings in the 2021-2023 period

Austrian exports to the UAE, including machinery, mechanical appliances, boilers, and measuring devices, increased by 23.5 percent to €657.7 million

RIYADH: Saudi Arabia’s Capital Market Authority slapped fines to the tune of SR42.9 million ($11.4 million) on 13 investors and others found in violation of the law.

ISLAMABAD: Pakistan expects continued visits by high-level business delegations from Saudi Arabia in the upcoming weeks to further explore investment opportunities facilitated under the Special Investment Facilitation Council, the Foreign Office announced on Thursday.

The MoU also involves the exchange of information between both countries to decide upon the best candidates for the funding

RIYADH — During a meeting of the Council of Economic and Development Affairs (CEDA), the Ministry of Economy and Planning reported a notable 16% increase in net direct foreign investment inflows for the fourth quarter of 2023 compared to the previous quarter.

Bahrain is reportedly seeking investors for a key oil pipeline this is used to transport crude from Saudi Arabia, according to a Bloomberg report.