Africa

UAE strengthens global leadership in AI, projected to boost GDP by $100 billion by 2030

Abu Dhabi aims to be the first AI-powered government, focusing on robust digital infrastructure and automation

Dubai attracts 18.72 million international visitors in 2024, marking a 9 percent increase year-on-year

Sheikh Hamdan: Dubai’s tourism growth reflects Sheikh Mohammed bin Rashid’s vision in the Dubai Economic Agenda D33

WGS 2025: IMF projects 3.3 percent global growth for 2025; MENA expected to rebound to 3.6 percent

Middle East recovery is expected to be fueled by an uptick in oil production and a reduction in regional conflicts

WGS 2025: Dubai to host first edition of Young Arab Leaders Forum

Forum will bring together over 200 emerging leaders from across the Arab world on February 10

IMF considers new funding for Egypt amid rising costs

Cairo currently benefits from an $8 billion IMF financing agreement expanded in 2022 for economic support

Egypt welcomes 15.78 million tourists in 2024, aims for 30 million annually in coming years

The country received 8.7 million tourists in the first half of the current fiscal year

Egypt’s non-oil private sector records best performance in 4 years with January PMI at 50.7

January's figure, highest since November 2020, rose due to improved market conditions and lower costs

Egypt and Iraq sign 12 MoUs to boost trade, investment

Agreements ecompass land transport for passengers and goods, promoting competition and addressing monopolistic practices

INTERPOL to establish MENA regional office in Saudi Arabia

The signing followed a meeting where Prince Abdulaziz and the INTERPOL president discussed mutual interests

Egypt’s imports projected at $105 billion and exports at $115.8 billion by 2030, says minister

The country plans to boost growth while reducing inflation and managing internal and external debt ratios

EFG Hermes achieves top position in MENA Equity Capital Markets for 2024 through market-leading executions

EFG Hermes topped the MENA equity capital market in 2024 with 11 IPOs and 6 secondary offerings