Investment

Spain’s professional football clubs approved La Liga’s plans to sell 10 percent of the Spanish game’s rights to private equity firm CVC Capital Partners, La Liga president Javier Tebas said. The deal received the green light from all but…
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Dur Hospitality and Taiba Investments said they would start preliminary discussions about a possible merger. The pair made the disclosure in separate statements to the Saudi stock exchange on Sunday. It comes amid a wave of merger and…
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Israel plans to open an economic attache office in Abu Dhabi this summer to attract foreign investment and boost economic relations with Gulf states and the broader Arab world, the Economy Ministry said on Tuesday. This follows a…
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Jazan Energy and Development Co. has terminated its agreement to acquire Jazil Investment Co. after Saudi Arabia’s Capital Markets Authority denied its request to increase its capital. Jazan Energy had requested to increase its capital…
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Sudan hopes to entice investors and secure pledges to pay off its arrears to the International Monetary Fund at a conference in Paris on Monday, paving the way for wider relief on external debt of at least $50 billion. Sudan built up…
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Foreign direct investments (FDI) in Dubai amounted to 24.7 billion dirhams ($6.7 billion) in 2020, the highest in the Middle East and North Africa region, creating about 18,000 jobs, the emirate’s crown prince said. FDI projects in Dubai…
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Saudi Arabia’s Crown Prince Mohammed bin Salman and Iraqi Prime Minister Mustafa Al-Kadhimi agreed Wednesday on the need for their countries to continue coordinating in confronting extremism and terrorism. Meeting at the Yamamah Palace…
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"The Daily Star" revealed that the Egyptian Mohamed Salah, the Liverpool star, is following in the footsteps of Reds legend Robbie Fowler, in investing in real estate. According to the newspaper, the 28-year-old Egyptian attacker…
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