Business & Money | Thursday 9 July, 2026 8:00 am

Ajman Bank successfully prices inaugural USD 300 million additional Tier 1 Perpetual Sukuk

Ajman Bank, rated BBB+ (Stable) by Fitch, has successfully priced its inaugural USD 300 million Additional Tier 1 (AT1) Perpetual Non-Call 5.5-Year Sukuk at a profit rate of 6.500%, marking another important milestone in the Bank’s continued growth journey. The issuance reflects the strong...

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Business & Money | Thursday 9 July, 2026 8:00 am

UAE steadily advancing towards targets of National Investment Strategy 2031, cementing its global investment position: Minister of Investment

Mohamed Hassan Alsuwaidi, UAE Minister of Investment, affirmed that the United Arab Emirates continues to strengthen its position as a leading global investment destination, supported by an advanced economic and legislative framework and a clear strategic vision aimed at enhancing the country's...

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Business & Money | Thursday 9 July, 2026 8:00 am

Ranked 9th globally as a destination for inbound FDI with total stock of AED 1.171 trillion, UAE attracts AED 177.3 billion in FDI inflows in 2025

The UAE attracted US$ 48.3 billion (AED 177.3 billion) in inbound foreign direct investment (FDI) in 2025, marking a fourth consecutive year of record inflows and a 6% increase year-on-year. The country now ranks 9th globally among destinations for FDI, according to the United Nations Conference on ...

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Business & Money | Thursday 9 July, 2026 8:00 am

UAE tops Arab region in FDI inflows in 2025 with $48.2 billion

The UAE topped the list of Arab destinations for foreign direct investment (FDI) in 2025, attracting US$48.2 billion, representing 40.4 percent of the total. It also ranked first in the Arab world and 17th globally in Dhaman's 2025 Composite Investment Climate Index, improving by two places...

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Business & Money | Thursday 9 July, 2026 8:00 am

Dubai's GDP reaches AED232 billion in Q1 2026, recording 2.4% growth

Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate's Gross Domestic Product (GDP) reaching AED232 billion, representing a 2.4% increase from the same period last year. The performance reflects the strength, resilience, and adaptability of Dubai's...

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Business & Money | Wednesday 8 July, 2026 3:11 pm

A New Chapter for International Property Ownership in Madinah Knowledge Economic City welcomes eligible international buyers to own property in one of Islam's holiest cities

 Knowledge Economic City (KEC) has welcomed the Saudi Government’s approval of the Executive Regulations for the ownership framework of real estate by non-Saudis, together with the designation of the zones in which such ownership is permitted, marking a historic milestone that opens a new...

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Business & Money | Wednesday 8 July, 2026 2:38 pm

Saudi Arabia rises to 13th in FDI rankings

Saudi Arabia ranked 13th among the world's top 20 host economies for foreign direct investment (FDI) in 2025. According to the World Investment Report 2026 issued by the United Nations Conference on Trade and Development (UNCTAD), the Kingdom's ranking improved after FDI inflows surged nearly...

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Business & Money | Wednesday 8 July, 2026 9:10 am

Industry Ministry Hosts Workshop to Support Localization of Helicopter Manufacturing in Saudi Arabia

The Ministry of Industry and Mineral Resources has held a workshop on the Kingdom’s pioneering national helicopter manufacturing project, in collaboration with the National Center for Industrial Development and global aviation company "Airbus".Attended by Minister of Industry and Mineral...

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Business & Money | Wednesday 8 July, 2026 8:00 am

BlueFive Capital Closes Acquisition of Substantial Stake in Sidra Capital, forming BlueFiveSidra

BlueFive Capital, a global investment platform managing $15 billion in assets, has successfully completed the acquisition of a substantial stake in Sidra Capital, a leading Shariah-compliant asset manager headquartered in Jeddah. As part of the agreement, Sidra Capital will be rebranded...

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Business & Money | Wednesday 8 July, 2026 8:00 am

Mastercard supports an SME initiative with Jarir in Saudi Arabia

Mastercard is supporting a first-of-its-kind initiative involving Jarir in Saudi Arabia that provides Mastercard SME cardholders with access to discounts on products via Jarir e-commerce platform in June 2026. The limited-period market-wide campaign features a global payments network and a...

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