KUWAIT CITY: Nomad Capitalist, a company specializing in advisory services for investors and entrepreneurs, recently published the Global Real Estate Investment Return Index, ranking the Kuwaiti real estate market 75th…
Middle East
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World Investment Report Confirms UAE’s Position as Compelling Destination for Global Capital: Thani Al Zeyoudi
by Julien Rayby Julien RayDr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said, “The World Investment Report 2023 confirms the UAE’s position as a compelling destination for global capital, a…
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As per an announcement made by Emaar, the development programme will include a shopping mall and multi-purpose commercial tower in Srinagar. The announcement of what the region’s government said was…
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UAE’s AD Ports Plans $200m Investment for Safaga Port in Egypt
AD Ports Group has reached a 30-year concession agreement with the Red Sea Ports Authority for the development and operation of a multi-purpose terminal in Egypt’s Safaga Port. The Abu…
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EconomyfinancialInvestmentMiddle EastTurkey
Türkiye Injecting Over $5.6b Into Public Banks to Boost Lending
by Michael Loweby Michael LoweTürkiye is injecting about TL 107 billion (around $5.62 billion) in public banks in a capital boost sought to encourage lending in a move ahead of elections set for May…
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Minister invites UAE and Qatar to increase investment in Indonesia
Minister of Transportation Budi Karya Sumadi invited the United Arab Emirates (UAE) and Qatar to expand cooperation and increase their investment in Indonesia, especially in the sea and air transportation…
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Attracting foreign investment is Egypt’s top priority, says PM
Egyptian Prime Minister Mostafa Madbouly on Wednesday reviewed measures to boost investment opportunities in various economic sectors and stressed the need for concerted efforts to create an environment conducive to…
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Dubai announces $8.7 trillion economic plan to boost trade, investment and global hub status
by Michael Loweby Michael LoweDubai on Wednesday announced a mammoth $8.7 trillion economic plan for the coming decade, aimed at turbocharging trade, foreign investment and its place on the map as a global hub.…
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Saudi Arabia’s PIF considers Jordan transport and logistics deals in $24bn investment push
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, is considering investments in Jordan’s large-scale infrastructure projects as part of its $24 billion Mena investment push, Jordan’s finance minister has said. It is currently exploring…
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Kazakhstan attracts major investment from global funds and international businesses
International investors Franklin Templeton, VPE Capital and Vedra Partners are among a growing number of firms targeting Kazakhstan, according to a major new report. Economic and political reforms are helping transform sentiment…