Dubai Financial Market Reports $288.6m Profit for 2025, Up 159% RIYADH — Dubai Financial Market has reported a sharp rise in profitability for 2025, posting a net profit before tax of 1.06 billion dirhams ($288.6 million), representing a 159 percent increase compared to the previous year. The strong performance was driven by sustained investor confidence
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Qatar Wealth Fund Plans to Invest in Five New VC Funds DOHA — Qatar Investment Authority has announced plans to invest in five new venture capital funds as part of an expanded $3 billion venture capital program, reinforcing the Gulf state’s ambition to establish itself as a regional hub for innovation and entrepreneurship. In a
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Qatar Sees 81% Surge in Venture Capital Investment in 2025 RIYADH — Venture capital investment in Qatar surged by 81 percent year on year in 2025, reaching 214 million Qatari riyals ($58 million), underscoring the Gulf state’s growing appeal as an investment and startup hub in the Middle East and North Africa, according to newly
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Saudi Arabia Leads GCC Markets in January: Kamco Invest RIYADH — Saudi Arabia led equity market gains across the Gulf in January, as regional bourses outperformed most global benchmarks on the back of earnings optimism and strong non-oil growth expectations, according to a new analysis by Kamco Invest. In its latest report, Kamco Invest said
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Education spending in Saudi Arabia surged 141% as students returned to classrooms after the mid-year break. RIYADH — Spending on education-related activities in Saudi Arabia surged sharply as students returned to classrooms following the mid-year break, according to the latest point-of-sale data released by the Saudi Central Bank (SAMA). For the week ending Jan. 24,
Closing Bell: Saudi Main Index Extends Gains as Market Opens Wider to Foreign Investment RIYADH — Saudi Arabia’s stock market closed firmly higher on Monday, with the benchmark Tadawul All Share Index extending gains as investor sentiment strengthened amid broader market participation and growing foreign investment access. The main index advanced 153.61 points, or 1.38
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Italian and Saudi Authorities Discuss Collaboration in Industry and Innovation Senior officials from Italy and Saudi Arabia have explored opportunities to deepen cooperation in advanced manufacturing technologies and industrial innovation, underscoring growing bilateral engagement aligned with the Kingdom’s economic diversification goals. Attilio Fontana, president of Italy’s Lombardy regional government, held talks with Bandar Alkhorayef, Saudi
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Housing Ministry Offers Over 21,000 Investment Opportunities, Contracts Exceeding $3.35bn in 2025 Housing Ministry Offers Over 21,000 Investment Opportunities, Contracts Exceeding $3.35bn in 2025 RIYADH — Saudi Arabia’s Ministry of Municipalities and Housing has announced the offering of more than 21,000 investment opportunities through its municipal financial portal “Furas” during 2025, alongside the signing of
Business | Startups All Posts Back Finance Energy Startups Tourism & Transport Italian and Saudi Authorities Discuss Collaboration in Industry and Innovation Italian and Saudi Authorities Discuss Collaboration in Industry and Innovation Senior officials from Italy and Saudi Arabia have explored opportunities… Read More »