MENA
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
Transforming the region with accessible and sustainable living solutions
Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023
The survey showed that 52 percent of executives are fully embedding sustainability strategies across their organisation
UAE and Saudi Arabia's startups to continue taking center stage in dealmaking this year
Oil production remains crucial in shaping the GCC region's fiscal and external balances
Bahrain tops region with real-time payments making up nearly 50 percent of the total payment volume
The sector spending within the GCC alone is tipped to reach $124 billion in 2028
Out of 535 homegrown startups identified, 14 were shortlisted to innovate next-gen beauty tech for L'Oréal Middle East
Market to maintain growth this year and the next as it steadily approaches $1 trillion
Lebanon's banking sector continues to struggle with providing credit to the economy
