Tag: News

UAE: Talabat raises Dh7.5 billion in largest global tech IPO so far this year

Talabat has announced the successful completion of the bookbuild and public subscription process for its initial public offering on the Dubai Financial Market. The...

UAE free zone looking to capitalise on Ras Al Khaimah’s $75bn construction boom

RAKEZ looks to highlight investment opportunities and UAE construction growth at Big 5 Global exhibition The UAE construction sector is thriving and offers enormous investment...

Abu Dhabi Chamber reveals surge in UAE F&B exports as revenues set to hit $38.3bn

The UAE food and beverage industry is thriving and Abu Dhabi Chamber of Commerce and Industry is supporting businesses in the sector The Abu Dhabi...

Saudi Arabia’s Diriyah Co. set to attract new wave of investors with $500m ticket sizes

RIYADH: Saudi Arabia’s Diriyah Co. is attracting a new wave of global investors with potential ticket sizes of $500 million or more, according to the...

Saudi Arabia reveals 33.8% annual spending boost on Vision 2030 projects

RIYADH: Spending on Vision 2030 programs by Saudi Arabia has increased by an annual rate of 33.8 percent since the launch of the Kingdom’s...

Salik collaborates with Parkonic, the largest private parking operator in the UAE, and expands geographically for the first time beyond the Emirate of Dubai

Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, announces it has partnered with Parkonic, the UAE’s largest private sector parking...

Metaplanet Plans to Raise $62M for Bitcoin Accumulation with Stock Acquisition Rights

The firm pointed to an “urgent need” to increase its Bitcoin holdings, prompting this fundraising initiative.Japanese investment firm Metaplanet announced Thursday that it plans to...

Saudi Arabia boosts R&D spending to $6bn in 2023 amid Vision 2030 push 

Saudi Arabia ramped up its research and development spending to SR22.61 billion ($6.02 billion) in 2023, marking a 17.4 percent increase from the previous...

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UAE loan rates to rise? Escalating Iran-US conflict clouds next interest rate cut

Surging crude prices test central bank plans and household...

Emirates NBD waives ATM withdrawal and debit card fees across UAE and GCC

Bank removes charges on withdrawals and debit card replacements...

Global Markets: Stocks set for tough week, oil eyes strong gains as Middle East war rages

Oil prices set for largest weekly rise since Russia’s...

Saudi POS spending rises 4.5% to $3.8bn in late February: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending rose 4.5 percent to SR14.5 billion ($3.8 billion)...

When AI Speaks for Your Brand, Who Owns the Trust

Trust Has Become a Strategic Asset In 2026, the question...