Tag: Investment
Qatar has strong bilateral relations with Algeria; Minister
Qatar’s Minister of Commerce and Industry HE Ali bin Ahmed Al Kuwari has reaffirmed the country's strong relations with Algeria, noting that economic and...
2021 is an optimistic year for Startup sector in MENA region;...
The year 2021 will be an excellent year for regional startups as the sector matures and starts to reap the benefits of business-friendly policies...
UAE’s ENOC to pour $68mn for its digital transformation
UAE-based leading integrated global oil and gas company, ENOC Group has planned to invest $68 million (AED 250 million) of its total 2021 expenditure...
Abu Dhabi’s Gulf Capital invests $30mn to support its portfolio firm...
UAE's leading private equity firm Gulf Capital is investing $30 million in its portfolio company ART Fertility Clinics in order to support the expansion...
Abu Dhabi’s Mubadala to invest in German ophthalmic lens manufacturer Rodenstock
Abu Dhabi-based global investor Mubadala Investment Company will invest in the leading manufacturer of premium ophthalmic lenses, Rodenstock Group, as a minority investor alongside...
UAE’s GFI pours $8.16mn to establish its first-ever cooked food line...
UAE-based value-added food manufacturing firm Global Food Industries (GFI) has invested around $8.16 million (AED30 million) to expand its food production capabilities and open...
Omani business group Bahwan invests $10mn in UAE-based Service My Car
Oman's Bahwan has invested $10 million in Service My Car, an UAE-based online repair and service booking platform. This is the latter’s first seed...
UAE’s ECI joins UAEIIC to boost Emirati investments abroad
UAE's federal export credit agency, Etihad Credit Insurance (ECI) has collaborated with the UAE International Investors Council (UAEIIC) to support Emirati investments abroad and...