Africa
The group revenues reached $3.7 billion, marking a 5.3 percent increase compared to the previous year
Areas of collaboration included renewable energy, hydrogen, liquefied natural gas
Leading hospitality brand to open 70 hotels in the region in the next few years
New openings to bolster its position as a leading hospitality brand in the region
Innovative offers – from jet to yacht experience – continue to excite guests from around the world
In April, SCZONE laid the foundation stone of the Xinxing Ductile Iron Pipes Corporation’s factory
The deal aims to enhance electricity system reliability through knowledge exchange and partnership
These projects showcase UAE's commitment to energy sustainability, reducing fossil fuel reliance
According to experts, the Kingdom is the region's fastest-growing IT market
Kenya has the largest economy in East Africa and is projected to grow at 5-6 percent in 2024
Russia sees the UAE market as a promising hub for conducting trade with Middle Eastern and African countries
AD Ports Group acquires 90 percent stake in joint venture to serve the broader logistics market in Angola
Egypt's strategic location positions it as a key partner in AI development in Africa
UNCTAD forecasts 2.6 percent global economic growth in 2024, warns of urgent issues beyond inflation
This marks the third straight year of growth below the pre-pandemic average of 3.2 percent from 2015-2019
International reserves increase to $40.361 billion from $35.311 billion in February
SCZONE inked 14 agreements with major Chinese companies to boost investment
Adesina said the devastating African drought demands urgent, collective action to boost support and financing
This represents a key condition for Egypt's $8 billion loan program signed with the IMF
The report predicts an 18.1 percent average annual headline inflation rate
Maait highlighted that Egypt is on track to achieve financial stability after facing a severe economic crisis
Egypt further plans to sell more state assets, which would reduce the state's role in the economy
The report indicates the UAE's current account surplus is expected to reach 8.4 percent in 2024 and 8.3 percent in 2025
Sustained oil output, growing non-oil investments key to healthy economy
