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Egypt
Egypt aims for $1.75 billion investments in communications & IT sector by 2023/2024
Private investments are estimated to reach approximately 63 percent of the total
Economy
Egypt’s inflation unexpectedly surges to 35.7 percent in February amid currency flotation
Sharp rise in food and beverage prices is key driver of inflation uptick
Bahrain
Bahrain’s Golden License attracts $2.4 billion in investment and 3,000 jobs from nine projects
Bahrain's Golden License aims to drive business attraction and economic growth
Economy
Moody’s upgrades Egypt’s credit outlook to positive following successful IMF deal
The agency also affirmed Egypt's foreign-currency senior unsecured ratings at Caa1
Economy
Egypt raises interest rates, allows free trading of pound to spur GCC investments
Egypt's international bonds surged after CBE’s announcement
Banking & Finance
New acceleration program for women-led startups launched in UAE
The program seeks to promote economic equality between genders
Economy
Investor confidence high, UAE and Saudi Arabia set for gains this year: EFG Hermes official
Dependence on oil, high inflation rates and external debt are some challenges frontier and emerging markets in the MENA regions face
Sustainability
Sheikh Hamdan launches Dubai Farms program to boost emirate’s sustainable agriculture sector
The program seeks to enhance crop sustainability for increased GDP contribution in the emirate
Hospitality & Tourism
Saudi Arabia launches $11.2 billion tourism initiative, aims for 120,000 jobs
The new program aims to boost business and attract local and international investors
Economy
Emirati Talent Competitiveness Council approves Nafis budget of $1.74 billion for 2024
The meeting also approved the 2024 Emiratisation targets for the private sector
Logistics
GCC infrastructure firms to hold up against 2024 refinancing needs: Report
Continued growth expected in both EBITDA and capital expenditure overall
Economy
DIEZ posts record 64.6 percent surge in annual operating profit in 2024
Registered companies in Dubai's economic zones climbed by 15.3 percent
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