Browsing: investment

RIYADH: Saudi utility firm ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects. 

Statistics from the Central Bank, released in today’s Banking Indicators Report, showed a 20.6 percent year-on-year increase in investments of banks operating in the country

LONDON – Gold prices held steady on Monday as investors waited for the Federal Reserve policy meeting and U.S. non-farm payrolls data due this week for policy clues.

India plans to step up cooperation with Russia in the area of oil and gas, metals, strategic natural resources and industrial equipment related to railways, ports and shipping industry

“We are looking at opportunities to invest in the mining sector with emphasis on nickel, cobalt, zinc amongst others,” Glencore group CEO Gary Nagle said

The meeting witnessed reviewing topics of common interest, in aim to reinforce the cooperation between the two countries in commerce, investment, and industry sectors

The meeting discussed means to enhance cooperation between both entities, and the investment climate, and opportunities available in both counties

Outstanding credit facilities for GCC banks witnessed a healthy q-o-q growth of 2.1% during Q4-2023 with aggregate gross loans reaching $2 trillion, according to Kamco Invest, a regional non-banking financial powerhouse based in Kuwait.

RIYADH: China’s growing interest in the Middle East continues as the country’s sovereign wealth fund partnered with Bahrain’s Investcorp to establish a $1 billion investment pot. 

RIYADH: More than 70 percent of retail investors in the UAE have stocks of companies developing artificial intelligence, according to a survey by trading platform eToro.