MENA

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

10 must-see UNESCO World Heritage Sites in the Middle East

From ancient multicultural hubs to rock-carved wonders

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

Biggest renewable energy projects in the Middle East

UAE and Saudi Arabia lead the region with landmark initiatives

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

Tower asset merger: Zain, Ooredoo, and TASC to create new $2.2 bn entity

Merger to combine 30,000 tower assets across multiple countries

ACG commits $10 billion for clean energy transition by 2030

Strategic plan unveiled at COP28 aims to drive renewable energy transition in developing nations

Dubai leads MENA in urban mobility readiness index

Oliver Wyman ranks 65 cities on future mobility trends

Türkiye’s exports soar to $254.8 bn in 12-month span

Country's annual exports amounted to a mere $36.1 bn in 2002

Türkiye’s Central Bank ramps up interest rates by another 500 points

Marking the sixth substantial interest rate hike in a row

UAE’s ADNOC to transform atmospheric carbon into solid rock

Move aims to permanently trap climate-changing pollutants

17 startups compete at Tech the Justice Gap forum for innovative legal solutions

Forum will be held on November 29 under the auspices of the Tunisian government