Via National News, a report that the UAE is working on 26 comprehensive economic partnership agreements with foreign countries: The UAE is working towards signing 26 comprehensive economic partnership agreements (Cepas) as it seeks to attract more investments and diversify its economy, said Abdulla bin Touq, UAE Minister of Economy. “We have already signed Cepas with India, Indonesia and […]
Read more »Via New Business Ethiopia, a report on Ethiopian efforts to attract UAE investors: The Government of Ethiopia says it is working to attract institutional investors from the United Arab Emirates (UAE) to explore investment opportunities in the east African country with about 120 million population. “As Ethiopia looks to unlock its vast resources and assets […]
Read more »Via Forbes, an interesting look at the growth of Middle East tech startups: The Middle East and North Africa tech startup scene is sizzling, fueled by rapid growth in the United Arab Emirates and Saudi Arabia, a new crop of cash-rich investors and Egypt’s newest unicorn. There’s a new entrepreneurial energy from Rabat to Riyadh, […]
Read more »Via The Daily FT (Sri Lanka’s first and only national daily business paper), a report on recent Emirati investor delegation visit to Port City Colombo: A delegation of investors from the United Arab Emirates, led by Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, visited Port City Colombo on 14 January, during a special visit […]
Read more »Via Bloomberg, a report on UAE’s Mubadala plans to focus on Asia and China in 2023: Mubadala Investment Co. plans to focus on investments in Asia this year as China recovers from the pandemic faster-than-expected and India’s economy continues to grow. The $284 billion Abu Dhabi wealth fund expects a “strong recovery” in China this year and […]
Read more »Via Bloomberg, an interesting report on how Middle East sovereign funds spent almost $89 billion globally last year, with deal makers using their wealth to diversify their economies and win geopolitical influence: When Credit Suisse Group AG, Sam Bankman-Fried and Asia’s richest men were hunting for funds in recent months, they all turned to the same place — […]
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