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MENA
MENA
Biggest renewable energy projects in the Middle East
UAE and Saudi Arabia lead the region with landmark initiatives
Economy
Moody’s affirms Lebanon’s C rating, changes outlook to stable
Rating highlights a negative real GDP growth of 2.6 percent in 2022
Economy
Fitch expects strong growth for MENA oil-exporting countries in 2024
Continued positive financial performance for GCC countries in the coming year
MENA
Azerbaijan is set to host COP29 in 2024
President of COP28 expressed his hopes of working closely with Azerbaijan
Economy
Turkish Central Bank’s foreign reserves record $1 billion decrease
Increased reserves and interest rates signal a new phase for Turkey
Hospitality & Tourism
Saudi Arabia approves GCC unified tourist visa
The scheme allows its holder to visit 6 countries with one visa
MENA
Tower asset merger: Zain, Ooredoo, and TASC to create new $2.2 bn entity
Merger to combine 30,000 tower assets across multiple countries
MENA
ACG commits $10 billion for clean energy transition by 2030
Strategic plan unveiled at COP28 aims to drive renewable energy transition in developing nations
MENA
Dubai leads MENA in urban mobility readiness index
Oliver Wyman ranks 65 cities on future mobility trends
Interviews
ADFW 2023: Interview with Aaron Weaver, senior partner and director, and Salvatore Lavallo, director, Apeiron MENA
A look at the transformative investments of the $2.5 billion-asset company
Logistics
Türkiye’s exports soar to $254.8 bn in 12-month span
Country's annual exports amounted to a mere $36.1 bn in 2002
Economy
Türkiye’s Central Bank ramps up interest rates by another 500 points
Marking the sixth substantial interest rate hike in a row
MENA
UAE’s ADNOC to transform atmospheric carbon into solid rock
Move aims to permanently trap climate-changing pollutants
MENA
17 startups compete at Tech the Justice Gap forum for innovative legal solutions
Forum will be held on November 29 under the auspices of the Tunisian government
Economy
Gulf countries’ growth: World Bank forecasts 1 percent expansion in 2023, 3.6 percent in 2024
Diversification efforts show promise, but further reforms needed
MENA
PwC Middle East unveils 50 climate tech start-ups driving net zero in the region
Majority of regional start-ups featuring women in senior leadership positions
Economy
UAE-Oman trade surpasses $117 billion over 12 years
Driven by robust economic factors, strong bilateral relations
MENA
Sustainable construction will create 4.3 million jobs in the Gulf
Can help reduce emissions by 60 percent
Economy
UAE invests $22.5 billion in Jordan’s economy
Renewable energy, infrastructure, and strategic partnerships
Banking & Finance
Strong GCC sovereign external balance sheets despite increased banking sector external debt: S&P
GCC countries will have an average of $660 bn of gross external debt
MENA
Buildings go green: MENA sees sustainable shift in real estate
Region has nearly 5,300 LEED projects
MENA
What you need to know about Unified Schengen-Style GCC Visa and its economic influence on the region
Streamlined travel, enhanced tourism
Cars & Boats
Interview with Audi Middle East Managing Director, Rene Koneberg
New releases, EV and more
Hospitality & Tourism
Ready for ascent: GCC tourism sector’s unified vision for growth
In 2022, region outperformed global travel industry’s recovery by 43 percent
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