MENA

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

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