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Economy
Türkiye hikes interest rates to 45 percent in a battle against inflation
Analysts skeptical as Turks grapple with economic challenges
Markets
UAE leads GCC with IPO proceeds of $6.07 bn in 2023
GCC countries witnessed 46 issuances with total proceeds worth $10.79 billion
Economy
Egypt, Qatar to forge new investment joint strategy
Ongoing collaboration for the Egyptian-Qatari Business Forum
Economy
Tunisia achieves full debt repayment for 2023 despite challenges
Country plans to repay $4 billion in foreign debt in 2024
Banking & Finance
Fintech Trends in 2024: Region’s ‘Open Banking’ market to surge
DeFi and sustainable finance gain prominence in the Middle East
Economy
LinkedIn: UAE and KSA professionals prefer working in the Gulf
Region has resilient markets and offers opportunities for professional growth
MENA
Opportunities in the GCC’s food and beverage market
Industry could hit $135.5 billion in 2024
Industry
Morocco joins Integrated Industrial Partnership for Sustainable Economic Development
Joins UAE, Jordan, Egypt and Bahrain to strengthen regional industrial integration
Markets
Arab stock markets hit record gains of over $493 bn in 2023
UAE and Saudi Arabia propel region's robust market performance
MENA
Young talents shine at Huawei ICT Competition’s ME&CA finals
Teams from Pakistan, Qatar and Kazakhstan won grand prizes
Economy
Saudi Arabia, UAE officially join BRICS as bloc expands in MENA
Iran, Egypt and Ethiopia are also now part of the trade bloc
Economy
Türkiye’s bold minimum wage hike spells trouble for inflation
A 49 percent surge in monthly minimum wage could exacerbate inflation and strain businesses
Logistics
IIF: GCC countries are straying away from U.S. dollar
Settlement of oil sales in currencies of Russia-friendly countries on the rise
Economy
Mastercard 2024 outlook: Empowered consumers to balance price and priority
MENA consumers and businesses will face crucial decisions about spending and investing
Economy
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
Economy
IIF: GCC gross foreign assets set to reach $4.4 trn by 2024
GCC's foreign asset projections and shifting investment strategies
MENA
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
MENA
Huawei: Leading the next phase of 5G advances in the GCC
Paving the way for innovation and success for customers and partners
Economy
IMF urges GCC countries to further enhance non-oil sector growth
Saudi Arabia, UAE lead in non-oil sector development
Economy
Moody’s affirms Lebanon’s C rating, changes outlook to stable
Rating highlights a negative real GDP growth of 2.6 percent in 2022
Economy
Fitch expects strong growth for MENA oil-exporting countries in 2024
Continued positive financial performance for GCC countries in the coming year
MENA
Azerbaijan is set to host COP29 in 2024
President of COP28 expressed his hopes of working closely with Azerbaijan
Economy
Turkish Central Bank’s foreign reserves record $1 billion decrease
Increased reserves and interest rates signal a new phase for Turkey
Hospitality & Tourism
Saudi Arabia approves GCC unified tourist visa
The scheme allows its holder to visit 6 countries with one visa
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