MENA

Türkiye hikes interest rates to 45 percent in a battle against inflation

Analysts skeptical as Turks grapple with economic challenges

UAE leads GCC with IPO proceeds of $6.07 bn in 2023

GCC countries witnessed 46 issuances with total proceeds worth $10.79 billion

Egypt, Qatar to forge new investment joint strategy

Ongoing collaboration for the Egyptian-Qatari Business Forum

Tunisia achieves full debt repayment for 2023 despite challenges

Country plans to repay $4 billion in foreign debt in 2024

Fintech Trends in 2024: Region’s ‘Open Banking’ market to surge

DeFi and sustainable finance gain prominence in the Middle East

LinkedIn: UAE and KSA professionals prefer working in the Gulf

Region has resilient markets and offers opportunities for professional growth

Opportunities in the GCC’s food and beverage market

Industry could hit $135.5 billion in 2024

Morocco joins Integrated Industrial Partnership for Sustainable Economic Development

Joins UAE, Jordan, Egypt and Bahrain to strengthen regional industrial integration

Arab stock markets hit record gains of over $493 bn in 2023

UAE and Saudi Arabia propel region's robust market performance

Young talents shine at Huawei ICT Competition’s ME&CA finals

Teams from Pakistan, Qatar and Kazakhstan won grand prizes

Saudi Arabia, UAE officially join BRICS as bloc expands in MENA

Iran, Egypt and Ethiopia are also now part of the trade bloc

Türkiye’s bold minimum wage hike spells trouble for inflation

A 49 percent surge in monthly minimum wage could exacerbate inflation and strain businesses

IIF: GCC countries are straying away from U.S. dollar

Settlement of oil sales in currencies of Russia-friendly countries on the rise

Mastercard 2024 outlook: Empowered consumers to balance price and priority

MENA consumers and businesses will face crucial decisions about spending and investing

Iraq’s economic growth to decline in 2023, 2024 due to oil production cuts: IMF

IMF warned of "fiscal and external sustainability risks" from "large" budget law expansion

IIF: GCC gross foreign assets set to reach $4.4 trn by 2024

GCC's foreign asset projections and shifting investment strategies

UAE backs Egypt’s digital strategy: Cooperation to establish 1,000 MW data centers

Egypt's data center market value to reach $1,138.67 mn by 2030

Huawei: Leading the next phase of 5G advances in the GCC

Paving the way for innovation and success for customers and partners

IMF urges GCC countries to further enhance non-oil sector growth

Saudi Arabia, UAE lead in non-oil sector development

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