Investor accounts surge by 12.5% in Dubai stock market

RIYADH: The Dubai Financial Market witnessed a 12.5 percent surge in the number of investor accounts in 2023 as compared to the previous year, the Emirates News Agency, also known as WAM, reported on Tuesday. The report, citing official data, showed that brokerage firms in the emirate’s financial market managed to open 57,054 new investor … Read more

Dubai announces new strategy to boost media sector’s profile, value

JEDDAH: For most of the past two months, all eyes have turned to Gaza, the strip of land on the southern tip of ancient Palestine, as shells and missiles have flattened the land, displaced millions and injured and killed thousands. Due to restrictions on external reporting, much of the world’s view of these events has … Read more

Three more major stars join line-up for Dubai Invitational

Kuchar and son build 3-shot lead. Tiger Woods and son have to settle for a nice family affair ORLANDO, Florida: Tiger Woods has never had a family outing quite like the PNC Championship on Saturday, even in the rain. He was competing with his 14-year-old son, Charlie, and his 16-year-old daughter, Sam, on the bag … Read more

BlackRock to invest up to $400m in Dubai decarbonization firm Positive Zero

DUBAI: BlackRock has agreed to invest up to $400 million in Dubai-based decarbonization company Positive Zero through a diversified infrastructure fund, Positive Zero said in a statement on Monday according to Reuters. The investment will help Positive Zero, a decentralized decarbonization infrastructure business, with its goal of boosting energy transition projects in Gulf countries, it said.