MENA
Oil production remains crucial in shaping the GCC region's fiscal and external balances
Bahrain tops region with real-time payments making up nearly 50 percent of the total payment volume
The sector spending within the GCC alone is tipped to reach $124 billion in 2028
Out of 535 homegrown startups identified, 14 were shortlisted to innovate next-gen beauty tech for L'Oréal Middle East
Market to maintain growth this year and the next as it steadily approaches $1 trillion
Lebanon's banking sector continues to struggle with providing credit to the economy
Partnership offers investors more efficient and unique ways to manage their portfolios
New Artura Spider enjoys a weight advantage of up to 83kg and a remarkable power-to-weight ratio
Losses from rate cuts to reach around $2.8 billion or 1.9 percent of GCC banks' total equity
Agreements to boost existing and future investments in Oman and Kuwait in key sectors
Notable market gains included MBC Group Co and Avalon Pharma
22 percent see leadership succession and turnover as their chief concern
UAE, Saudi Arabia explore establishment of Saudi-Emirati Coordination Council to enhance procurement
Council to enhance achievements, protect interests, and create new opportunities for both nations
Blocks cover an area of around 11,400 square kilometers in water depths of 2,000 to 3,000 meters
Market value of the Abu Dhabi Securities Exchange reached $754.7 billion in April
Air travel growth in Saudi Arabia is anticipated to remain significant
The project's total investment value reaches $3 billion
Inflation rose to 69.8 percent in April, highest since late 2022
UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs
Domestic producer price index increased annually to 55.66 percent in April
Region's carriers saw a 19.9 percent increase in demand for air cargo, the strongest of all regions
The joint venture aims to develop wind projects in Bahrain with a capacity of up to 2 gigawatts
Number of e& subscribers reached 14.5 million in Q1 2024
