Middle East

WGS 2024: WEF’s Georgieva sees MENA GDP growth reaching 2.9% in 2024

Georgieva highlights the role of the Arab World in shaping future economies

Middle East sovereign funds: Powering M&A deals with $81.7 billion in 2023

Region witnessed an estimated $95 billion in mergers and acquisitions in 2023

OECD raises global growth outlook to 2.9 percent in 2024

Shipping and energy supply disruption are currently the most threatening factors to the global economy

Oil prices tick up on optimism of steady U.S. output

Production to surpass record high in 2025, EIA reports

Medlab Middle East 2024: Exploring the latest trends in laboratory medicine

Sheikh Mansoor inaugurated event anticipating 30,000 participants

MENA IPO market soars with 48 IPOs in 2023, reaping $10.7 billion

Energy and logistics sectors lead as MENA continues to attract global investments

Oil prices decline following Fed’s interest rate cut signals

Despite economic and geopolitical crises, 2024 will be a healthy year for the oil market

Global M&A market falls to $3.2 trillion in 2023

Middle East resilience boosts potential in 2024

IMF lifts 2024 global growth outlook

Fund raised concerns about risks posed by Red Sea attacks and ongoing conflict

Gold prices surge as Fed’s interest rate decision nears

Rising geopolitical risks and monetary policy uncertainty drive investors towards safe-haven assets

Oil prices rise on regional tension fears and China demand concerns

Traders reevaluate Middle East supply risks as China's real estate woes deepen

Oil market on edge: WTI prices surge amidst geopolitical turmoil

Supply concerns intensify following rise in Red Sea tensions

SAR launches Dream of the Desert train service in Saudi Arabia, first in MENA

$53 million deal with Italian Arsenale Group to introduce luxury train ride

Jordan, Egypt ink agreement to build Coral Bridge submarine cable, first undersea cable between the 2 countries

Telecom Egypt and NaiTel collaborate on game-changing infrastructure connecting Aqaba and Taba

Oil prices decline following surge to highest levels since December

Red Sea disruptions and global tensions raise supply chain concerns

Oil prices increase amid U.S. crude storage and production decline

Chinese economic stimulus and a weaker output contribute to the complex oil market dynamics

Oil prices witness slight uptick amid continued tensions in Red Sea

Rebounding U.S. output, Libyan and Norwegian supply boosts influence oil prices

Davos 2024: Saudi Arabia’s non-oil economy grew 20% since 2016

Kingdom calls for greater integration in the Middle East

UAE emerges as global FDI hotspot, second only to the U.S.

Global FDI flows in 2023 witnessed a marginal 3 percent increase

stc dominating Middle East and top 150 global brands with $13.9 billion value

Unprecedented success in 2023, notable advancements in digital infrastructure

Fintech Trends in 2024: Region’s ‘Open Banking’ market to surge

DeFi and sustainable finance gain prominence in the Middle East

Oil prices slide amidst dollar surge and Middle East tensions

Geopolitical risks offset greenback gains, keeping oil market on edge

Bank Muscat’s $390 million investment fund gets central bank nod

Investment portfolio includes several banks listed in GCC markets