MENA

Samer Abu-Ltaif appointed Microsoft president for Europe, Middle East and Africa

During his two-decade tenure at Microsoft, Samer Abu-Ltaif spearheaded several transformative initiatives

MENA startups raise $2.3 billion in 2024, UAE leads with $1.1 billion

The UAE led the MENA region's startup ecosystem with $1.1 billion raised across 207 startups

GCC trade to grow 5.5 percent annually to $2.3 trillion by 2033: Report

GCC's non-hydrocarbon trade will grow by 3.5 percent annually, highlighting the region's successful economic diversification efforts

Ramadan 2025: UAE dates and traditions explained

Ramadan 2025 is expected to begin on Saturday, March 1

Middle East families to see $1 trillion transfer of generational wealth by 2030: Report

Only 24 percent of High-Net-Worth Individuals currently have a full estate plan in place

Global ESG sukuk market to surpass $50 billion in 2025

In the GCC region, the ESG debt capital market reached $46.3 billion outstanding

MENA region’s solar energy capacity to exceed 180 GW by 2030: Report

Solar capacity in the region rose 23 percent to 32 gigawatts in 2023

MENA IPOs hit 18-year high, bond issuance surges 86 percent in 2024: Report

Food delivery firm Talabat raised $2 billion in its stock market debut, the largest IPO in the MENA region during 2024

Joseph Aoun: Regional, global support for Lebanon’s newly elected president 

Pivotal figures like UAE President and Saudi’s King Salman offered best wishes for Aoun's leadership and Lebanon's stability

Joseph Aoun: UAE President, VPs congratulate Lebanon President 2025 on election victory

Lebanon has recently elected Joseph Aoun as its 14th president, ending a two-year vacancy in the position

Joseph Aoun Lebanon President 2025: Elected as 14th leader, ending over two-year stalemate

Aoun, commander of the Lebanese army, secured 99 votes in the 128-seat chamber when MPs convened to choose a head of state

Ten startups selected for second edition of MIT DesignX Dubai Accelerator

The program features a comprehensive curriculum crafted by MIT, which has proven successful in its first cohort

General Joseph Aoun Lebanese army commander takes lead in presidential election—Who is he?

Parliament is convening for its 13th attempt to elect the 14th president of Lebanon amid a two-year vaccum

GCC inflation rate increases 1.5 percent in September on rising housing prices

Among GCC countries, Kuwait recorded the highest annual inflation rate in September at 2.8 percent

GCC manages 38 percent of global SWF assets in 2024, Mubadala leads investments

SOIs could collectively reach $60 trillion in 2025 as GCC nations progress toward their economic visions

Türkiye’s inflation drops more than expected to 44.38 percent in December

The central bank expects inflation to fall to 21 percent by the end of 2025

UAE gold prices stable at AED315.15 amid thin year-end trading, set for strong annual gains

22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50

OPEC Fund grants $20 million loan to support agricultural development in Malawi

This initiative will promote food security, reduce poverty, and improve livelihoods for 130,000 individuals

Dubai launches first-ever tax certification program in Arab world

This certification caters specifically to tax professionals employed by Dubai government entities

Oil prices steady at $73.22 and $69.19 amid holiday trading slowdown

Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes

Middle East private medical insurance costs to rise 12 percent by 2025

64 percent of insurers expect higher medical trends worldwide over next three years

UAE-Croatia bilateral trade surges to $78.9 million in H1 2024, up 44.8 percent

UAE non-oil trade with Croatia reaches $110.7 million in 2023