Africa

Al-Mashat: Economic growth in Egypt to see boost in Q2, supported by industry

The Minister noted Egypt's competitive advantages: a diverse economy, strong industrial base, and skilled workforce

Investopia, SkyKapital to collaborate on Investopia Global editions in Europe and Africa

Investopia Global editions aim to expand to 16 new cities at both regional and global levels in 2025

Saudi Arabia’s IsDB commits over $1.4 billion to advance development goals across eight member countries

Approved projects in food security, health, education, and transportation support achieving the SDGs

Air Arabia shareholders approve 25 percent dividend after $435.6 million profit before tax

In 2024, Air Arabia added 31 new routes from its hubs in the UAE, Morocco, Egypt, and Pakistan

Ripple secures Dubai license to offer crypto payments in UAE

The approval enables Ripple’s compliance-first global payments product to be accessible for businesses in the UAE

Qatar Airways boosts global network with 11 new destinations as demand surges

New flights will connect major cities like Sharjah, Amsterdam, London, Madrid, and Tokyo Narita

DWTC-Informa reaffirms commitment to tripling Dubai’s MICE sector GDP by $14.7 billion by 2033

The move aims to attract investments and facilitate cross-border trade through its esteemed B2B Events platforms

Egypt’s foreign reserves soar to $47.39 billion in February

Gold holdings in foreign currency reserves reached approximately $11.851 billion in February, up from $11.416 billion

Qatar to host MWC’s next five editions

This initiative will boost digital transformation and establish Qatar as a global digital innovation hub

84 percent of women in UAE considering starting their own business, research shows

98 percent of women entrepreneurs expecting revenue growth over the next five years

Airbus to manufacture A400M aircraft parts in UAE, launch training facility

This initiative integrates UAE firms like EPI and Strata into the global supply chain effectively

UAE reaffirms commitment to full conformity with OPEC+ voluntary production adjustments

The eight OPEC+ countries plan to fully compensate overproduced volumes by June 2026