Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...

Saudi Capital Market Forum: Tadawul IPO Pipeline Strengthens

 

At the Saudi Capital Market Forum in Riyadh, Mohammed El Kuwaiz, Chairman of the Capital Markets Authority, revealed that Saudi Arabia's Tadawul stock exchange has witnessed a notable increase in companies seeking to list. The current IPO pipeline includes 56 companies, a 30% rise from the previous year, indicating a shift towards Saudi Arabia becoming a net importer of capital.

This surge in interest underscores the kingdom's growing status as a regional investment hub. To support this transformation, El Kuwaiz stressed the importance of developing a robust infrastructure tailored to the evolving needs of the capital market, further solidifying Saudi Arabia's position in the global financial landscape.

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