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Middle East
Markets
Oil prices slide amidst dollar surge and Middle East tensions
Geopolitical risks offset greenback gains, keeping oil market on edge
Economy
Bank Muscat’s $390 million investment fund gets central bank nod
Investment portfolio includes several banks listed in GCC markets
Economy
Egypt’s GDP growth rate slows to 2.65 percent
Compared to growth rate of 4.4 percent in 2022-2023
Markets
Oil prices uncertain amid geopolitical tension and weather concerns
Market doubt prevails as global factors impact oil prices
Energy
End-of-year turbulence overshadows COP28 success
Red Sea tensions add to shipping costs but energy flows unaffected
Economy
Egypt’s IPO program attracts $3.5 billion
Despite global crises, Egypt has maintained balanced economic indicators
Markets
Oil prices rise amid domestic challenges and geopolitical tensions
Traders vigilantly monitor supply disruption risks
Industry
Morocco joins Integrated Industrial Partnership for Sustainable Economic Development
Joins UAE, Jordan, Egypt and Bahrain to strengthen regional industrial integration
Economy
GCC countries projected to reach 3.6 percent and 3.8 percent growth in 2024 and 2025: WBG
Global economic growth to record 2.4 percent growth in 2024
Energy
Dragon Oil commences production of crude oil in Egypt
Production set initially at 3,000 barrels of crude oil per day
Logistics
flynas flies over 11 million passengers in 2023, up 28 percent
Airline achieves record growth, expands fleet
Markets
US economic worries lower global oil prices
Offsetting an earlier $2 increase
Economy
Egypt moves to international debt markets, eyes Gulf currency-denominated bonds
Difficulties securing affordable financing currently, given the country’s strict monetary policy and credit rating
Saudi Arabia
center3 expands footprint in Africa and the Middle East through CMC Networks acquisition
Acquisition is subject to customary conditions and approvals
Hospitality & Tourism
20 percent increase in tourist arrivals: Middle East outperforms pre-pandemic levels
International tourism revenues will reach $1.4 trn in 2023
Cars & Boats
Interview with Audi Middle East Managing Director, Rene Koneberg
New releases, EV and more
Economy
Strategies to increase productivity in the workplace
Work smarter to achieve better results
Markets
Oil prices slip over 1 percent as concerns ease over Middle East supplies
Investors are focused on the outcome of Wednesday's Fed meeting
Hospitality & Tourism
Global tourists could reach 516 million before 2023 ends
Middle East tourism sector also on the rise
MENA
Top Guinness World Records set in the Middle East
The region continues to break barriers
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