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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

The agreements aim to promote private sector involvement in the country's economic growth

In light of COP28, several national oil companies in the region updated their sustainability strategies

Agreement worth AED117 billion to propel renewable energy and green metal megaprojects

Jasoor Fund propels digital transformation and technological advancement across the region

The IMF expects growth to strengthen by 4.2 percent in 2025

Saudi Arabia, UAE and Malaysia will likely stay among the most active sukuk issuers, the report says

The acquisition will make ADNIC one of the Tier-1 listed insurers in Saudi Arabia

Trade between GCC and Emerging Asia set to overtake trade with advanced economies by 2026

Cash is king… but not for long

Efforts are underway to enhance sector's value and competitiveness, the trade ministry says

Muslims worldwide celebrate Eid Al Fitr to commemorate the conclusion of the fasting month of Ramadan

The moon sighting committee was unable to sight the Shawwal crescent on Monday evening

Iraq and Nigeria lead reductions, maintaining OPEC's commitment to supply restraint

Green finance emerges as major player in supporting economic diversification efforts

Smart and connected buildings and homes emerge as top priorities for MENA residents

The newest services include the cutting-edge immediate fraud solution, expanded network-agnostic fraud mitigation

Improved macroeconomic conditions and global growth drive positive outlook

For FY 2023/2024, Egypt has raised its projected total investments in oil and natural gas to $5.79 billion