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Cash is king… but not for long
70 percent of MENA organizations have clear targets, Bain & Company Middle East reveals
OPEC sees demand growing by 2.25 million barrels per day in 2024
Gold prices remained undeterred despite the robust U.S. job growth in March
Investors await consumer price index data from U.S. and China later this week
Western Europe leads number of visitors to Dubai with 773,000 tourists
The rise in prices is fueled by geopolitical tension and supply concerns
Preliminary agreement sets stage for joint venture, boosting economic growth in Iraq
The global volume of digital wallets is forecasted to reach $12 trillion annually by 2028
Mixed U.S. inventories impact crude oil gains, production offset by fuel demand
Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East
China and U.S. demand boost prices amid Middle East conflict
Green finance emerges as major player in supporting economic diversification efforts
Smart and connected buildings and homes emerge as top priorities for MENA residents
The newest services include the cutting-edge immediate fraud solution, expanded network-agnostic fraud mitigation
The attacks caused potential disruptions to oil capacity, estimated at 900k bpd
Robust M&A activity in the region with economic diversification driving growth
Rising tensions fuel fears of supply disruption
Trade between both parties rose to $31.4 billion in 2023, from $2.1 billion in 2022
Declining gasoline supply in the U.S. indicates potential slowdown in crude demand
Insights highlight impact of AI in driving efficiency and enhancing consumer experiences
In December 2023, Cenomi Retail acquired 100 percent of the share capital of Innovative Outfit Trading Company
Surging prices fueled by refinery activity, China demand, and Middle East disruptions