Africa

Egypt’s net international reserves surge to $49.036 billion in July 2025, highest in years

Over three months, Egypt’s reserves grew by approximately $1.2 billion from $47.82 billion in May

UAE travel: 60 percent trust AI for planning, but human touch still matters

Human connection remains vital as AI tools reshape hospitality and customer service dynamics

Egypt’s PMI rises to 49.5 in July as employment in private sector surges for first time in nine months

Despite ongoing challenges, Egypt’s PMI reached its highest level in five months

Egypt launches new housing opportunities for expats with 3,000 units available starting September

The program will provide exclusive discounts and flexible payment plans for expatriates investing in housing 

DAFZ and China’s Zhuanzhuan Group partner to build cross-border supply chain for secondhand goods

Zhuanzhuan will establish its regional headquarters in DAFZ, supporting an integrated supply chain

Top markets driving business travel spending as global projections reach $1.57 trillion in 2025

Business travel spending is expected to reach $2.02 trillion by 2029, reflecting ongoing corporate demand

DP World Trade Finance mobilizes over $1 billion in working capital for emerging market enterprises

Collaborations with 32 financial institutions have enhanced access to capital for underserved businesses globally 

Abu Dhabi’s Space42 announces $695.5 million financing for Al Yah 4 and Al Yah 5 satellites

The program is backed by a $5.1 billion government contract starting in 2026

Apple introduces localized shopping experience in Saudi Arabia with new online store, app

Customers can use Buy Now Pay Later to shop and pay in four-month installments at 0 percent interest

Luxury travel market customization, personalization expected to hit $620.71 million by 2032: Report

85 percent of hoteliers view personalization as a crucial driver of commercial value

Gold prices: Three scenarios for yellow metal’s trajectory as prices soar to all-time highs in H1 2025

The yellow metal surged by 26 percent in U.S. dollar terms, achieving double-digit returns across currencies