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Middle East
Miscellaneous
Dubai secures 12th spot in global wealth and lifestyle report, solidifying position as premier luxury destination
The emirate emerged as the 6th most expensive city in EMEA, attracting wealthy residents with its flourishing economy
Markets
Oil prices edge higher on hopes of summer demand surge, potential supply disruptions
Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,
Banking & Finance
Saudi Arabia’s M&A deal volume surges to $955 million in Q1 2024
The chemicals sector accounted for 52.4 percent of the total
Markets
Oil prices dip as dollar rises, investors await key inflation data
Brent oil futures expiring in August fell 0.4 percent to $84.88 a barrel
Markets
UAE gold prices up, global rates set for second weekly gain
Decline is U.S. weekly jobless claims, new housing construction raised hopes for a rate cut in September
Markets
Oil prices hover slightly below recent highs as traders monitor Middle East, await U.S. inventory report
Brent crude for August delivery rose 6 cents to $85.13 per barrel
Banking & Finance
Abu Dhabi’s startup ecosystem ranked fastest growing in MENA, raises $1.06 billion in VC: Report
The emirate was also recognized for its strengths in the FinTech, AgTech and New Food, and ClimateTech sectors
Markets
Oil prices hover around $85 amid global tensions, inventory shifts
Brent crude futures edged up 2 cents to $85.35 per barrel
Logistics
Etihad Cargo raises belly-hold cargo capacity with 23 new flights starting June 2024
23 passenger flights to new destinations brings total number of new weekly passenger flights to 100
MENA
MENA IT spending to grow 5.2 percent in 2024 to $193.7 billion: Report
Spending on data center systems to decline by 0.3 percent in 2024
Economy
UAE’s real GDP to grow by 3.9 percent in 2024, 4.1 percent in 2025: Report
The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025
Banking & Finance
Sharjah rises to 4th in GCC region, 7th in MENA in 2024 Global Startup Ecosystem Rankings
Sharjah also featured in the Top 15 rankings for both the Knowledge and Performance categories
Banking & Finance
Beyond payments: How Mastercard is fueling transformation and driving inclusion
Great strides have been made in advancing digital transformation and building a robust payment ecosystem across the region
MENA
Rise of affordable housing to boost MENA’s real estate sector
Transforming the region with accessible and sustainable living solutions
Economy
The rise of the digital economy: Banks as architects of GCC’s financial future
Open banking and digital payments among technologies that drive transformation in the finance industry
MENA
Green finance is funding sustainable progress in MENA
Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023
Hospitality & Tourism
Qatar: Tourism sector soars with record-breaking growth
Strategic partnerships to further boost inbound tourism
Banking & Finance
Enabling stablecoin growth in the MENA region: Key factors for success
Crypto assets are available 24/7, have near-zero costs and are fully programmable
Logistics
How China’s economic rise is strengthening the logistics transformation of the Middle East
Saudi Arabia and UAE are the Asian giant’s valuable trading partners
Interviews
On luxury and beyond: How Kempinski Hotel Mall of the Emirates sets the standard
Occupancy rates in January and February 2024 surged beyond mid-80 percent
MENA
79 percent of executives in the Middle East have formal sustainability strategy in place: Report
The survey showed that 52 percent of executives are fully embedding sustainability strategies across their organisation
Economy
Arab economies projected to grow by 3.3 percent in 2024 as inflation declines: Report
The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023
Economy
MENA investments likely to rise as interest rates decline in 2024, boosting IPOs and M&A deals: Report
UAE and Saudi Arabia's startups to continue taking center stage in dealmaking this year
Markets
Oil prices rise as OPEC+ maintains cuts, but demand concerns linger
Brent oil futures expiring in August gained 0.3 percent to $81.33 per barrel
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