Middle East
23 passenger flights to new destinations brings total number of new weekly passenger flights to 100
Spending on data center systems to decline by 0.3 percent in 2024
The broader MENA region is expected to grow 2.8 percent in 2024 and accelerate to 4.2 percent in 2025
Sharjah also featured in the Top 15 rankings for both the Knowledge and Performance categories
Great strides have been made in advancing digital transformation and building a robust payment ecosystem across the region
Transforming the region with accessible and sustainable living solutions
Open banking and digital payments among technologies that drive transformation in the finance industry
Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023
Strategic partnerships to further boost inbound tourism
Crypto assets are available 24/7, have near-zero costs and are fully programmable
Saudi Arabia and UAE are the Asian giant’s valuable trading partners
Occupancy rates in January and February 2024 surged beyond mid-80 percent
The survey showed that 52 percent of executives are fully embedding sustainability strategies across their organisation
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
UAE and Saudi Arabia's startups to continue taking center stage in dealmaking this year
Brent oil futures expiring in August gained 0.3 percent to $81.33 per barrel
This extension builds upon previously agreed reductions of 3.66 million barrels per day announced in 2022 and 2023
Brent crude futures for July delivery rose 0.3 percent to $84.51 per barrel
The growth in earnings is driven by 11 percent lending growth and a rising interest rate environment
E-commerce and retail sector retained its position as the leading industry in Saudi Arabia's venture landscape
SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024
Privatization of state-related entities to support the initial phase of regional IPO growth
Out of 535 homegrown startups identified, 14 were shortlisted to innovate next-gen beauty tech for L'Oréal Middle East
