Africa

Dubai Centre for Family Businesses, Emirates NBD partner to boost family business support and growth in Dubai

Tailored advisory services will help family businesses safeguard wealth and ensure smooth generational transitions

DP World signs 30-year $800 million agreement to revitalize Syria’s Port of Tartus and trade infrastructure

Tartus is Syria’s second-largest port, vital for trade routes across Europe and the Levant

UAE, Chad discuss strategies for enhancing collaboration in the financial sector

The meeting included several senior Chadian officials, highlighting strong diplomatic ties between the nations

Central Bank of Egypt maintains interest rates as GDP growth projected at 4.8 percent

Annual headline inflation decreased to 15.3 percent during Q2 2025

What triggered the sharpest dollar drop in 2025?

The dollar's value dropped over 10 percent, marking its worst start since 1973

Egypt launches major natural gas initiative to drill 11 wells yielding 160 billion cubic feet

Minister Karim Badawi oversaw drilling operations at Begonia-2 in the New Mansoura concession area

Saudi Arabia’s construction output hits $148 billion in 2024, forecasted to reach $191 billion by 2029

Vision 2030 drives $215.4 billion in construction contracts across the Kingdom

EFG Hermes secures $190 million investment for Alameda Healthcare in landmark M&A deal

This transaction marks Egypt’s largest private equity healthcare investment to date

Abu Dhabi Securities Exchange partners with HSBC and FAB to launch MENA’s first digital bond

Milestone listing reinforces ADX’s leadership in digital asset innovation and financial market modernization

Emirates inaugurates daily flights to Shenzhen boosting trade, tourism between UAE and China

The Boeing 777-300ER offers a luxurious experience with multiple classes and enhanced cabin interiors

Saudi Crown Prince approves multiple agreements with Italy, Russia for visa exemptions

Another agreement was signed with Algeria to combat organized crime and enhance security cooperation