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Egypt accounted for 18.6 percent of Africa's total investments, which amounted to $52.6 billion in 2023
This downward trend extends from a record high of 38 percent reached in September 2023
Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean
The remittances in May 2023 amounted to around $1.6 billion, as reported by CBE
Discussions will include the preservation and restoration of archives, AI, intellectual property, copyright laws
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
Global average temperatures in the last 12 months reached the highest on record at 0.76 °C above the 1991-2020 average
Discover the country’s sustainability and conservation efforts
UAE ranked among the top 10 global travel destinations in the past year
The chemicals sector accounted for 52.4 percent of the total
The emirate was also recognized for its strengths in the FinTech, AgTech and New Food, and ClimateTech sectors
The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025
The report cited the recent floating of the pound exchange rate and an enhanced IMF agreement
Moroccan exports to the UAE amounted to about $202 million in the same year
Sharjah also featured in the Top 15 rankings for both the Knowledge and Performance categories
Open banking and digital payments among technologies that drive transformation in the finance industry
Crypto assets are available 24/7, have near-zero costs and are fully programmable
These investments have created more than 1,200 jobs in the Senegalese market
The country's general budget indicators show that total revenues are expected to be EGP2.6 trillion
In 2023, ADFD led a $4.5 billion UAE initiative to boost Africa's clean energy infrastructure
SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024
Out of 535 homegrown startups identified, 14 were shortlisted to innovate next-gen beauty tech for L'Oréal Middle East
Saudi Arabia topped the list of Arab countries importing the most from Egypt during the year
$3.9 trillion is the estimated pipeline value of unawarded construction projects in MENA from 2024-28
