Abu Dhabi launches new finance cluster set to create 8,000 jobs by 2045

New hub aims to create 8,000 skilled jobs and attract billions in long-term investment Abu Dhabi has launched the Fintech, Insurance, Digital and Alternative Assets (FIDA) cluster, a major initiative…

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BlackRock-led consortium to invest $10bn in Aramco’s Jafurah gas project infrastructure

Saudi Aramco is reportedly nearing an agreement to secure approximately $10bn (SR37.5bn) from a consortium spearheaded by BlackRock towards infrastructure for its Jafurah gas project, reported Reuters, citing sources. This deal…

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UAE’s Ducab expands into Oman with National Cable Factory acquisition

Move expected to accelerate non-oil trade between UAE and Oman,…

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UAE telecom trade grows 4.3% to $2.78 billion in 2024

Much of this progress was fueled by a strong performance…

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Abu Dhabi’s IHC to buy 43.5% stake in India’s Sammaan Capital for $1 billion

Sammaan is publicly listed on both Bombay Stock Exchange, National…

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Fitch Affirms Saudi Arabia at ‘A+’; Outlook Stable

Key Rating Drivers Balance Sheet Strength: Saudi Arabia's ratings reflect its strong fiscal and external…

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Abu Dhabi reports 3.4% growth in emirate’s GDP in Q1 2025

The Statistics Centre - Abu Dhabi (SCAD) has reported that the emirate’s Gross Domestic Product…

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Kenya’s largest bank to open UAE office to attract Gulf wealth

Equity Group Holdings Plc, Kenya’s largest lender, plans to establish an office in the United…

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Qatar Among Top Ten Countries Worldwide in Global Competitiveness Report 2025

The National Planning Council (NPC), has announced that the State of Qatar has made remarkable progress…

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Saudi Arabia’s 2024 FDI Inflow Grows By 24.2%, FDI Stock Approaches SAR1 Trillion

The Kingdom of Saudi Arabia’s ongoing efforts to attract foreign direct investment (FDI) were reflected in the positive results for…

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Global Foreign Direct Investment Falls for the Second Consecutive Year Posing Acute Challenges for Developing Countries

UN Trade and Development alerts that uncertainty is affecting global investment and warns of the impact for developing countries of…

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Unlocking the data centre opportunity in the Middle East

As the Middle East emerges as a global data centre powerhouse - driven by AI, cloud demand, strategic investments -…

15 Min Read

Sharjah records $1.5 billion foreign direct investment, 361% growth in 2025 first half

February 2025 saw the highest volume of FDI activity in the emirate in terms of both project count and capital…

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Qatar Among Top Ten Countries Worldwide in Global Competitiveness Report 2025

The National Planning Council (NPC), has announced that the State of Qatar has made remarkable progress in its development journey by…

5 Min Read

5 ways the GCC is supporting global cooperation

"While the geopolitical dial won’t, and shouldn’t, turn back to the order of the past, it must turn more towards…

8 Min Read

Sharjah Achieves record AED5.5bn Real Estate Milestone in May 2025

Sharjah achieved a total real estate trading value of AED 5.5 billion during May 2025, recording 8,415 transactions across the emirate. The…

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2025 Global Data Centre Outlook

Shaping tomorrow's digital infrastructure Key Highlights AI demand will continue to build momentum in 2025 The data center industry stands…

12 Min Read