MENA

Biggest renewable energy projects in the Middle East

UAE and Saudi Arabia lead the region with landmark initiatives

Moody’s affirms Lebanon’s C rating, changes outlook to stable

Rating highlights a negative real GDP growth of 2.6 percent in 2022

Fitch expects strong growth for MENA oil-exporting countries in 2024

Continued positive financial performance for GCC countries in the coming year

Azerbaijan is set to host COP29 in 2024

President of COP28 expressed his hopes of working closely with Azerbaijan

Turkish Central Bank’s foreign reserves record $1 billion decrease

Increased reserves and interest rates signal a new phase for Turkey

Saudi Arabia approves GCC unified tourist visa

The scheme allows its holder to visit 6 countries with one visa

Tower asset merger: Zain, Ooredoo, and TASC to create new $2.2 bn entity

Merger to combine 30,000 tower assets across multiple countries

ACG commits $10 billion for clean energy transition by 2030

Strategic plan unveiled at COP28 aims to drive renewable energy transition in developing nations

Dubai leads MENA in urban mobility readiness index

Oliver Wyman ranks 65 cities on future mobility trends

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

Türkiye’s Central Bank ramps up interest rates by another 500 points

Marking the sixth substantial interest rate hike in a row

UAE’s ADNOC to transform atmospheric carbon into solid rock

Move aims to permanently trap climate-changing pollutants

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

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

UAE-Oman trade surpasses $117 billion over 12 years

Driven by robust economic factors, strong bilateral relations

UAE invests $22.5 billion in Jordan’s economy

Renewable energy, infrastructure, and strategic partnerships

Ready for ascent: GCC tourism sector’s unified vision for growth

In 2022, region outperformed global travel industry’s recovery by 43 percent