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Energy
Oil prices break free from tight range as geopolitical risk rises
OPEC sees demand growing by 2.25 million barrels per day in 2024
Hospitality & Tourism
Dubai sees 18 percent rise in overnight visitors to 3.67 million in first two months of 2024
Western Europe leads number of visitors to Dubai with 773,000 tourists
Economy
Eurozone business activity shows signs of recovery, with services sector leading the way
The manufacturing sector struggles, faces deeper downturn
Banking & Finance
Digital wallets empower financial inclusion and cross-border payments: Visa report
The global volume of digital wallets is forecasted to reach $12 trillion annually by 2028
Economy
Eurozone inflation drops to four-month low of 2.4 percent in March 2024
The market anticipates four ECB rate cuts, first in June
Egypt
Telecom Egypt, EXA Infrastructure forge agreement to boost data traffic
Leveraging Egypt's strategic location to revolutionize international data connectivity
Energy
Oil demand will reach a record 104 million barrels per day in 2024: Aramco CEO
Nasser emphasizes the effectiveness of carbon capture in mitigating greenhouse gasses
Economy
EU commits $8 billion aid package to Egypt for migration management, trade expansion
Under the aid package, Egypt will receive a combination of grants and loans over the next three years
Hospitality & Tourism
Dubai sees 21 percent jump in international tourists at 1.77 million for January 2024
Western Europe leads source markets as Dubai continues to attract global tourists
Energy
LNG market disrupted by Red Sea crisis, prices fall sharply
Stability attributed to relatively mild winter, robust stockpiles
Economy
Unprecedented growth in consumer products sector: Price increases drive surge, exceeding 10-year average
New report finds 75 percent of global growth was due to price increases in 2023
Technology
Chinese EV company XPENG to expand into UAE
Chinese electric vehicle giant sets sights on EMEA market
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