MENA
Türkiye reaffirms commitment to its year-end target of 60 million visitors and $60 billion in revenues
The proposed agreement aims to enhance cooperation, streamline investment regulations, and create new jobs
The UAE and Saudi Arabia reported 94 deals, accounting for 61 percent of the overall domestic M&A deal volume
Cybersecurity experts stressed the need for improved vigilance and protective measures against growing threats
The report noted strong performance in the fuel and tourism sectors
The $5 billion deposit was made by Saudi Arabia before Türkiye's presidential and parliamentary elections last year
GCC region raised total proceeds of $3.6 billion from 23 IPOs during the first six months of 2024
The Kingdom raised $2.1 billion from 19 offerings, making up 59 percent of total GCC IPO proceeds
The GCC region already boasts some of the world's most modern airports
BYD's Türkiye factory is expected to begin production by the end of 2026 and create 5,000 direct jobs
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
Middle East carriers handled 13.5 percent of the overall cargo globally in May
The $400 million MASAR Program aims to equip Jordanian youth with skills for the labor market and economic transformation
Sovereign wealth funds globally invested $64.2 billion in 135 deals while PPFs spent $31.9 billion on 101 deals in H1 2024
UAE ranked among the top 10 global travel destinations in the past year
GCC banks' revenue-to-assets ratio is 3.2 percent, well above the global average of 2.3 percent
In 2024, these countries accounted for 51 percent of U.S. dollar debt issued by EMs (excluding China)
According to the report, the regulatory regime pertaining to investment funds is evolving in the GCC
The meeting emphasized on several ways to make Egyptian products more competitive and increase their market share
Cybersecurity continues to be a major area of concern for organizations in both the UAE and Saudi Arabia
ICAEW has also lowered its 2024 inflation forecast for the GCC region to 2.2 percent this year and 2.1 percent next year
GCC equity markets have accumulated net inflows of $1.77 billion so far this year
Spending on data center systems to decline by 0.3 percent in 2024
