MIDDLE EAST Archives - Page 4 of 5

Finance Minister Announces Launch of National Privatization Strategy

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Finance Minister Announces Launch of National Privatization Strategy RIYADH — Saudi Arabia’s Minister of Finance and Chairman of the National Center for Privatization Mohammed bin Abdullah Al-Jadaan has announced the launch of the Kingdom’s National Privatization Strategy, marking a new phase in the country’s economic reform agenda. Al-Jadaan said the Council of Economic and Development

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Qatar Wealth Fund Plans to Invest in Five New VC Funds

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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

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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

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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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Closing Bell: Saudi Main Index Extends Gains as Market Opens Wider to Foreign Investment

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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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UAE President Speaks With King Abdullah II on Regional Cooperation

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UAE President Speaks With King Abdullah II on Regional Cooperation ABU DHABI — UAE President Sheikh Mohamed bin Zayed Al Nahyan held a telephone conversation on Sunday with King Abdullah II bin Al Hussein, during which the two leaders discussed strengthening bilateral cooperation and addressing pressing regional developments. According to an official statement, the call

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Egypt, Saudi Arabia Stress Urgency of Reaching a Humanitarian Truce in Sudan

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Egypt, Saudi Arabia Stress Urgency of Reaching a Humanitarian Truce in Sudan CAIRO — Egypt and Saudi Arabia have underscored the urgent need for a humanitarian truce in Sudan, amid continuing violence and mounting regional concerns, according to a statement released by the Egyptian Foreign Ministry on Sunday. During a phone call, Egyptian Foreign Minister

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Why Northeast Syria Is on High Alert Before Key Agreement Takes Effect

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Why Northeast Syria Is on High Alert Before Key Agreement Takes Effect QAMISHLI, Syria — Security tensions are rising across northeast Syria as Kurdish-led authorities prepare to implement a landmark agreement with Damascus, prompting curfews and heightened alert measures ahead of its rollout. On Sunday, Kurdish security forces announced that curfews would be imposed next

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Middle East Allies Call for Accountability Over Gaza Ceasefire Breaches

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Middle East Allies Call for Accountability Over Gaza Ceasefire Breaches RIYADH — Saudi Arabia has led a renewed wave of regional condemnation over Israel’s repeated violations of the Gaza ceasefire, warning that continued breaches risk escalating violence and undermining international efforts to restore calm and stability in the region. In a joint statement issued on

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Record Satisfaction Levels Recorded Among 19.5M Foreign Hajj and Umrah Pilgrims in Saudi Arabia for 2025

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Satisfaction Rate for Services Surpasses 90% Among 19.5 Million Foreign Hajj and Umrah Pilgrims in 2025 JEDDAH — Saudi Arabia recorded a major milestone in pilgrim services in 2025, with satisfaction levels exceeding 90 percent among more than 19.5 million foreign Hajj and Umrah pilgrims, reflecting the Kingdom’s continued transformation of the pilgrimage experience under

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