MENA

Standard Chartered boosts investment in Futuremakers Women in Tech program across Africa, Middle East and Pakistan

Over three years, 400 women entrepreneurs will receive support to build thriving micro businesses and create jobs

MENA startups raise $494 million across 58 deals in February, up 371 percent 

Startups in Saudi Arabia raised $250.3 million across 25 deals last month, leading the region in fundraising

Türkiye’s inflation eases to 39.05 percent in February, raising rate cut bets

As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week

SC Ventures, Visa partner to support MENA region’s SME growth and innovation

Collaboration aims to provide SMEs with the solutions they need to support their long-term growth

MENA M&A activity grows 7 percent to $92.3 billion in 2024: Report

The UAE reported the MENA region’s largest M&A deal of the year worth $12.4 billion

Renewable energy targets boost electricity investment growth in GCC, says Fitch

Investments related to the expansion of the existing grid between 2023-2028 will reach $1.8 billion

GCC real estate market transactions surge over $383 billion in 2024, Dubai leads growth

Dubai's share of the GCC region's transactions reached 54 percent at $207 billion

GCC universities make historic ranking gains in 2025, advancing towards global recognition

The region’s focus on developing world-class institutions is not just about improving rankings but about building a knowledge-driven economy

The GCC’s digital leap is setting the bar for smarter immigration

Immigrant populations range from as low as 40 percent in Oman to over 88 percent in Qatar

Leaders of GCC states, Egypt, and Jordan convene in Riyadh to strengthen coordination and consultation

The UAE President thanked King Salman and Crown Prince for organizing the dialogue

Jeddah Astronomy Society: Last quarter moon of Shaban observed at midnight as Ramadan nears

The moon's last quarter occurs Thursday at 8:32 p.m. Makkah time, signaling Ramadan's approach

Saudi Arabia’s ACWA Power secures $693 million deal to acquire power and water assets in Kuwait, Bahrain

This deal includes a 4.6-gigawatt power generation portfolio and 1.114 million cubic meters of desalination

WGS 2025: Türkiye-Arab trade surpassed $54.5 billion in 2024, says Murat Efe

The CEPA between the UAE and Türkiye contributed to an 11 percent increase in trade between the two countries in 2024

GCC visitors to Jordan hit 1.32 million in 2024, up 15 percent year-on-year

Saudi Arabia led the market with 1.158 million overnight visitors during the year

Mega forces shaping the 2025 economy: How AI, geopolitics, and energy transition will affect the Middle East

Saudi Arabia exemplifies a nation meeting these challenges head on, with the IMF projecting GDP growth of 3.3 percent in 2025

Iraq’s Oil Ministry unveils collaborative plan with BP to develop Kirkuk fields

These projects will continue in parallel with development, exploration and production operations to ensure maximum benefit from gas resources

Jordan seeks stronger economic ties with Qatar, Bahrain, Morocco, and Turkey

The kingdom is working in partnership with the private sector to enhance its industrial capabilities

WGS 2025: IMF projects 3.3 percent global growth for 2025; MENA expected to rebound to 3.6 percent

Middle East recovery is expected to be fueled by an uptick in oil production and a reduction in regional conflicts

GCC foreign inflows fall under $1 billion in January 2025 amid heightened investor selectivity: Report

Saudi topped net inflows at $694 million, followed by Kuwait at $133 million, UAE $115 million

Meta AI launches in MENA region: AI assistant now available in UAE, Saudi Arabia and Egypt

Expansion introduces support for Arabic, making Meta AI accessible to even more people across the MENA region

Earnings, corporate actions to drive GCC equity markets this week amid U.S. tariff policies

Several companies are set to release their fourth quarter of 2024 results this week, including ADNIC, ADNOC Gas and Al Salam Bank

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