Real Estate The new boom: 5 trends shaping Gulf property markets Demand for real estate in the GCC region is outpacing supply, keeping prices high and contributing to record transaction levels in the property hotspot of Dubai. AGBI looks at the key factors influencing the markets this year. May 9, 2022
EXCLUSIVE Tech Abu Dhabi is harvesting technology to drive a farming revolution The Gulf region has historically imported around 90 percent of its food requirements, constrained by arid soils, scarce water resources and searing temperatures. But concerns about the impact of climate change on food production, coupled with the recent coronavirus-induced global supply chain crisis, are forcing governments to rethink food security. Technology solutions Abu Dhabi has […] May 9, 2022
Opinion Old friends, new vision: the Gulf and UK are shaping the future The Gulf's ambition, energy and skill coupled with Britain's heritage in innovation creates a formidable partnership that promises exceptional opportunities May 9, 2022
Exclusive Tech Revealed: top co-working spaces in the Gulf Demand for co-working spaces is on the rise in the Gulf as business communities evolve to support the shift towards knowledge-based economies and nurture a new generation of startups driving a different way of working. Spaces are opening up across the region to accommodate a different breed of worker that prioritises flexibility, low rates and […] May 9, 2022
Finance UAE, Pakistan in push for stronger trade ties Leaders of the UAE and Pakistan have reaffirmed earlier commitments made by the two countries to boost bilateral trade. Pakistan imports from the UAE stood at £5.9 billion in 2021, according to the United Nations’ Comtrade database on international trade, but there is currently no formal free trade agreement between the two countries. A free […] May 3, 2022
Banking and Finance ADQ buys stakes worth $1.85bn in Egyptian firms Abu Dhabi’s state holding company ADQ bought shares worth $1.85 billion in five publicly traded Egyptian companies in April, helping Egypt after the Ukraine crisis prompted foreign investors to flee. Egypt has been on the hunt for foreign exchange since Russia’s invasion of Ukraine prompted investors to pull billions of dollars out of its treasury […] April 28, 2022
Markets Oil drives rise in Gulf stock markets Major Gulf bourses closed higher on Wednesday, with a rise in oil prices driving the Saudi index up more than one per cent, while geopolitical tensions weighed on sentiment in Egypt. Oil prices rose 1.4 per cent on a drop in US oil inventories and concern over tighter supplies from Russia and Libya. Saudi Arabia’s […] April 20, 2022
Tech company iMENA working with banks on IPO plans Middle East technology investment firm iMENA Group, part owned by Abu Dhabi telecom operator e& , is considering an initial public offering in Abu Dhabi and is working with banks on the deal, two sources told Reuters. The company invests in online and mobile businesses in the Middle East and North Africa, with firms including […] April 7, 2022
