Saudi Arabia’s Public Investment Fund (PIF) and Hyundai Motor Company have begun construction on a cutting-edge automotive manufacturing plant at the King Salman Automotive Cluster in King Abdullah Economic City (KAEC).
The Central Bank of the UAE (CBUAE) and the Central Bank of Azerbaijan have signed a Memorandum of Understanding (MoU) aimed at strengthening bilateral financial cooperation and boosting the exchange of expertise.
The word ‘entrepreneur’ is heard a lot these days and has come to mean different things to different people. You hear it when someone introduces themselves at a networking event, you see it pinned to a LinkedIn bio, and it’s worn as a badge of honour by business people great and small. It’s everywhere.
UAE-based immersive video platform Vuz has secured $12m in a pre-Series C funding round to support its growth in Saudi Arabia, the UAE and beyond.
Live entertainment company RWS Global has announced plans to establish a regional headquarters in Riyadh, marking a major milestone in its Middle East expansion. The move reflects the company’s commitment to supporting the region’s growing investments in entertainment, tourism, sport and leisure. Known for its expertise in sport presentation, immersive destination design, and live events,
When we talk about keeping customers forever, what we’re really talking about is loyalty. A common refrain is that it’s cheaper to retain a customer than find a new one, and having genuine loyalty means a steady stream of revenue and the ability to plan for the long-term.
UAE-based Almal Real Estate Development has announced its international debut with the launch of The One by Almal in Bali, Indonesia. This marks the first step in the company’s 2030 global expansion strategy, with upcoming projects planned in Thailand, Vietnam, the Philippines, Seychelles, and Mauritius.
Dubai International Financial Centre (DIFC) has signed a strategic agreement with the International Private Equity Market (IPEM).
Emirates Development Bank (EDB) has introduced the Emirates Growth Fund (EGF), a multi-million dollar equity platform aimed at boosting the expansion and global competitiveness of UAE-based SMEs that have annual revenues starting from $2.7m.
Nearly 400 UAE-based companies secured contracts worth over $17bn in the first half of 2025 from ADNOC, as the energy giant ramps up efforts to drive local economic growth and strengthen national supply chains.
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