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MENA
Markets
PIF-backed Americana plans $1 bn IPO
The company added Morgan Stanley to IPO
Economy
Boston Consulting Group appoints new head to its Middle East operations
Pablo Martinez to succeed Joerg Hildebrandt who led the company for 11 years
MENA
Digital upsurge paves way for enticing careers in content creation
Content creators are making a decent living through digital platforms
Economy
Low-to-mid income countries hit the hardest by soaring food prices
Forecasts of rating downgrades, impact on GDP
Markets
Oil drives Middle East IPOs to achieve best semi-annual performance ever
IPOs fetched $11.4 billion in the first 5 months of 2022
Hospitality & Tourism
As travel rises, airlines are facing drastic ground handlers shortage
The aviation industry is experiencing delays in hiring personnels
Economy
The depositor in Lebanon a victim of special interests
Continued bleeding of the Central Bank's reserves in foreign currencies
Banking & Finance
Turkey’s central bank keeps rate at 14% despite soaring inflation
The bank said it expects disinflation to start
MENA
Growth in construction continues to accelerate in the region
This is despite global price pressures
Hospitality & Tourism
Ahead of FIFA: UAE economy class fares jump by 1,900%
Fares to jump to 7,110 dirhams on November 20
Health
Dust storms are blanketing the Gulf region
The storms put human health at serious risk
Markets
ADX, BHB to support further growth of regional economy
The two stock exchanges aim to enhance market liquidity
MENA
Total viewing hours by Arabs increase by 80% during Ramadan
First-of-its-kind UAE TV viewership research launched at CABSAT 2022
Energy
Saudi, UAE making strides on their journey to sustainable future
The energy and resources industry will witness a major transformation
MENA
Smarties announces marketing winners of first NFT awards
The NFT format is titled ‘SMARTIES MENA INTO THE METAVERSE’
Hospitality & Tourism
EU discusses waving Schengen requirements for Omanis
This comes after EU proposed visa-free travel for Qatar, Kuwait
Health
Qatar tops global oral health index, Oman second
Qatar has 6.2 dentists per 10K people
Markets
Turkish lira hits new historical lows
This comes as banks cut down dollar sales to prop up currency
Hospitality & Tourism
Tourism sector leads the region’s wider economic recovery
The sector could create 3.6 million new jobs in 10 years
Hospitality & Tourism
Saudi, Bahrain join Qatar in UK visa waiver eligibility
Status will be effective from June 1 and under this new amendment
MENA
‘Welcome to the World’ wins first ATM tech startup competition
Securing up to $500,000 of investment at ATM 2022
Banking & Finance
Middle East on cusp of a real-time payments revolution
Region could reap huge dividends from real-time payments
Banking & Finance
Lebanon probe receives account data on CB governor’s brother
Alleged embezzlement of at least $330 million in public funds
Banking & Finance
FAB backs out of acquiring EFG Hermes
The decision is due to the instability in global markets and economies
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