Friday , 19 October 2018

Tag Archives: Invest

UAE Space Agency to unveil investment strategy in October

Total Emirati investments in space sector valued at over $5.98bln so far in 2018 The UAE Space Agency has been preparing a full-fledged strategy to invest in the GCC country’s space sector in cooperation with relevant authorities. The anticipated strategy will be announced next October, according to the local business platform Arabian Business. The strategy aims at reinforcing the contribution …

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Saudi fund agrees plan to invest in Virgin space ventures

Saudi Arabia’s Public Investment Fund plans to invest about $1 billion in Richard Branson’s space company, Virgin Galactic, and sister companies The Spaceship Company and Virgin Orbit, according to a joint statement published on Thursday. “This investment will enable us to develop the next generation of satellite launches and accelerate our programme for point to point supersonic space travel,” the …

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Chinese firms to invest $300mln in Abu Dhabi

Five Chinese companies will start operations in Abu Dhabi’s industrial zone with an initial investment of $300 million in a boost for the oil-rich emirate’s economic diversification plans. The companies, from Jiangsu province on China’s east coast, are involved in sectors ranging from power and metals to natural resources and banking, Abu Dhabi officials said. Chinese companies are increasingly seizing …

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Bahrain sovereign fund CEO says hopes to invest in Aramco IPO

ST PETERSBURG, Russia Bahrain’s sovereign wealth fund Mumtalakat hopes to take part in the initial public offering (IPO) of shares in Saudi state oil giant Aramco, the fund’s CEO told Reuters, predicting additional opportunities from the kingdom’s reform program. Saudi Aramco, the world’s biggest oil producer, plans to list around 5 percent of its stock on multiple exchanges next year …

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LG continues to invest in sustainable business practices along with sustainable technologies

LG Electronics puts its people and society first while developing the latest technologies for consumers around the world DUBAI: In today’s age of growing transparency between companies and their consumers, small businesses have capitalized on their ability to disclose information regarding all aspects of their company practice, including how they engage with their community. For larger corporations especially those with …

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Alba supports “Invest in Bahrain 2014” Forum

Alba ‘s sponsorship is a tangible demonstration of its support of Bahrain as a key investment destination. The Forum was held under the patronage of HRH the Prime Minister, Prince Khalifa bin Salman Al Khalifa and was organised by the Ministry of Industry & Commerce , Kingdom of Bahrain. Aluminium Bahrain B.S.C. ( Alba ), one of the pillars of …

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