Dubai Financial Market Maintains Positive Momentum Led by Major Stocks
Dubai Financial Market stays positive, led by gains in Emaar, banks, aviation, insurance, and TECOM amid strong trading and liquidity.
Saudi Main TASI Index Declines Amid Broad-Based Selling; Tourism Sector Sees Growth
Saudi TASI fell 0.48% amid broad selling; tourism sector grew with 32% more venue capacity and 20 new deals at Riyadh's MICE Summit.
Abu Dhabi Securities Exchange Gains Led by Technology Sector
Abu Dhabi Securities Exchange rose 0.19%, led by tech stocks. TKFL jumped 15%. Market shows strong liquidity and sector rotation.
ADX Market Slips in Mid-Morning Trade: Oil Volatility and Sector Rotation Weigh on Blue Chips Abu Dhabi’s
Abu Dhabi's FTSE ADX dipped 0.35% amid oil volatility; small-caps rose while blue-chip energy stocks fell. Market remains resilient.
BlackRock Intensifies Investment in Saudi Arabia
BlackRock plans to double its $35B stake in Saudi Arabia, focusing on AI and infrastructure, aligning with Vision 2030.
PIF Scores $253M Windfall from Hot Mecca Property Play as Saudi Stocks Lag
PIF gains $253M from selling 1.5% of Umm Al Qura shares as tourism investments thrive, despite a lagging stock market.
ADNOC's $150 Billion Growth Strategy: Aggressive Expansion Across Oil, Gas, and Chemicals
ADNOC is investing $150B by 2027 to expand oil, gas, chemicals, and decarbonize, aiming for global energy leadership via major acquisitions.
Cityscape Global 2025 in Saudi Arabia, record-breaking activity, underscoring the Kingdom's accelerating urban development under Vision 2030
Organized by Tahaluf and sponsored by the Ministry of Municipalities and Housing, the event featured 577 exhibitors
Canada and UAE Strengthen Strategic Partnership with New Investment and Trade Agreements
Canada and UAE enhance ties with new trade agreements, focusing on investment, technology, and humanitarian efforts amid 50 years of relations.
New Collaboration Between the Public Investment Fund, SITE, and Microsoft to Enhance Sovereign Cloud Solutions in Saudi Arabia
PIF, SITE, and Microsoft signed an MoU to boost sovereign cloud, AI, and data security solutions in Saudi Arabia, pending regulatory approval.
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