Friday 20 October 2017
 
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investment

Top global investment leaders to attend Saudi event

Saudi Arabia’s Public Investment Fund (PIF), one of the world’s leading sovereign wealth funds, announced today that top speakers from the investment world had confirmed their attendance at the invitation-only Future Investment Ini

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Dewa sets up tech investment company in Silicon Valley

Dubai Electricity and Water Authority (Dewa) has announced the launch of its new investment subsidiary, Jumeirah Energy International Silicon Valley Company (JEI Silicon Valley), in California, US.   The investme

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Dewa sets up tech investment company in Silicon Valley

Dubai Electricity and Water Authority (Dewa) has announced the launch of its new investment subsidiary, Jumeirah Energy International Silicon Valley Company (JEI Silicon Valley), in California, US.   The investme

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Dubai group unveils $1bn real estate investment plan

Reign Holdings, a Dubai-based global business conglomerate, has announced plans to invest up to $1 billion in the region’s real estate sector through its development arm Arthur & Hardman. It will focus on developing full

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Virgin Group chairman to invest in Saudi tourism project

Richard Branson, founder and chairman of Virgin Group, is looking to invest in a major project that will turn 50 Saudi Arabian islands into luxury tourism destinations, a report said. Branson is the first international investor to

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Hilton to invest $50m in Africa portfolio expansion

Hilton has committed a total of $50 million over the next five years towards the Hilton Africa Growth Initiative to support the continued expansion of its Sub-Saharan African portfolio. These funds are intended to support the conv

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Americans top foreign investors in ADX

American investors rank in first place among foreign investors in the Abu Dhabi Securities Exchange (ADX) in terms of net investment in 2016 and H1 2017, with Dh2.2 billion ($599 million) and Dh960 million, respectively, said the CEO of ADX.

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Artificial Intelligence investments in UAE to touch $8.9bn

The UAE is taking significant strides toward embracing Artificial Intelligence (AI) technologies as AI investments have increased over 70 per cent in the past three years and is expected to touch Dh33 billion ($8.9 billion) by year end.

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Investment flow between GCC, India ‘rising rapidly’

The GCC nations and India are strengthening historic ties across cultural, trade, defence and political areas as they realise the potential of strategic cooperation, said an industry expert, noting that investment flows between the regions are r

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Dubai-based venture capital invests in Wego

MEVP, a leading regional venture capital firm, announced on Sunday that it has invested funds in Wego, an online travel marketplace, in exchange for an equity ownership. MEVP is investing in Wego as part of the company’s lat

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