Middle East

AD Ports Group, Iraq operator sign agreement to develop Al Faw port, economic zone

Preliminary agreement sets stage for joint venture, boosting economic growth in Iraq

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

Oil prices hit highest level in five months, approach $90 as OPEC output remains steady

Mixed U.S. inventories impact crude oil gains, production offset by fuel demand

Oil prices stabilize amid concerns over supply disruptions

Concerns arose from attacks on Russian refineries and potential conflict escalation in the Middle East

Oil prices surge on positive economic outlook, geopolitical concerns

China and U.S. demand boost prices amid Middle East conflict

Middle East economy remains robust despite oil cuts, geopolitical turbulence: Report

Green finance emerges as major player in supporting economic diversification efforts

76 percent of MENA residents believe living in a smart city would make them happier: Report

Smart and connected buildings and homes emerge as top priorities for MENA residents

Visa bolsters fraud protection with three new AI-powered solutions in Visa Protect suite

The newest services include the cutting-edge immediate fraud solution, expanded network-agnostic fraud mitigation

Oil prices hold steady amidst Russian refinery disruptions, geopolitical tensions

The attacks caused potential disruptions to oil capacity, estimated at 900k bpd

Dealmaking potential soars in the Middle East in 2024: Report

Robust M&A activity in the region with economic diversification driving growth

GCC, Türkiye to forge new path with free trade agreement negotiations

Trade between both parties rose to $31.4 billion in 2023, from $2.1 billion in 2022

Oil prices slide on stronger dollar, potential Middle East tensions alleviation

Declining gasoline supply in the U.S. indicates potential slowdown in crude demand

42 percent of UAE companies adopt AI in business operations: Study

Insights highlight impact of AI in driving efficiency and enhancing consumer experiences

EFG Hermes concludes advisory on Cenomi retail’s sale of a portfolio of fashion brands to Abdullah Al-Othaim Fashion

In December 2023, Cenomi Retail acquired 100 percent of the share capital of Innovative Outfit Trading Company

Oil prices hold near four-and-a-half month high on reduced exports, market caution

Surging prices fueled by refinery activity, China demand, and Middle East disruptions

ADNEC to organize Bitcoin MENA Conference 2024: Uniting global industry leaders in Abu Dhabi

The event will discuss the potential, challenges, and innovations within the evolving Bitcoin ecosystem

Oil surges as U.S. inventory draw exceeds expectations, OPEC forecasts strong demand

Concerns over China's economic weakness continue to impact oil market

Gold prices set for largest weekly jump in 5 months

Federal Reserve signals drive gold to historic highs

LNG market disrupted by Red Sea crisis, prices fall sharply

Stability attributed to relatively mild winter, robust stockpiles

LEAP 2024: Takamol Holdings launches $53 million investment fund to empower tech startups

The initiative seeks to advance tech sectors in the Middle East and Africa

Investor confidence high, UAE and Saudi Arabia set for gains this year: EFG Hermes official

Dependence on oil, high inflation rates and external debt are some challenges frontier and emerging markets in the MENA regions face