GE is set to invest $2 billion in facility development, skills training and sustainability initiatives across Africa by 2018.
The announcement was made ahead of the US-Africa Leaders Summit, where GE will host African and global g
Bahrain-based Islamic investment bank Gulf Finance House (GFH) has announced that it is investing $30 million in Dubailand to acquire a plot of 1.2 million sqft.
In a clarification, the investment bank revealed
Qatar has budgetary provisions to invest over $182 billion in various developmental projects over the next five years, which does not include oil and gas projects and private sector investments, said a report.
Bahrain's plans to invest more than $22 billion in various projects, under the GCC Development Programme, will have a positive effect on its economy and the labour market, the Crown Prince said last night.
Several overseas companies are keen to invest in the local market, Bahrain Chamber of Commerce and Industry first deputy chairman Othman Al Rayes said yesterday.
"A large number of investors' applicati
Saudi Arabia-based Kingdom Holding Company (KHC) is set to invest about $400 million in the Rizvi Opportunistic Equity Fund III.
The fund is specialised in pre-IPO opportunities in well-known and well-managed c
Middle East airports have planned massive development projects to meet future demands, with the Gulf states alone investing about $40 billion in infrastrucutre, said the International Air Transport Association (Iata).
By 2017, the
Abu Dhabi Ports Company (ADPC) is set to invest Dh20 million ($5.4 million) to carry out essential maintenance work at Zayed Port and its neighbouring freeports to repair the quayside wall enhancing the ports’ facilities and services.
Hedge funds are expected reach a record breaking $3 trillion by the end of this year, as compared to $2.6 trillion last year, said a report.
Deutsche Bank’s 12th annual Alternative Investor Survey said this is based on inves
Citadel Capital, a leading investment company in the region, said it has completed asset purchases and add-on investments worth a combined EGP2.63 billion ($376.2 million).
The new acquisitions and follow-on investments are part o