Middle East

Central banks, investors drive gold demand to new record in 2024

Annual gold investment reached a four-year high of 1,180 tons, rising 25 percent year-on-year

What Trump’s sovereign wealth fund means for TikTok

Trump proposed a sovereign wealth fund to address American security and user privacy concerns

Egypt and Iraq sign 12 MoUs to boost trade, investment

Agreements ecompass land transport for passengers and goods, promoting competition and addressing monopolistic practices

Global air traffic rises 10.4 percent as demand surges to record high in 2024

Middle Eastern airlines saw a 9.4 percent air traffic rise in 2024

INTERPOL to establish MENA regional office in Saudi Arabia

The signing followed a meeting where Prince Abdulaziz and the INTERPOL president discussed mutual interests

EFG Hermes achieves top position in MENA Equity Capital Markets for 2024 through market-leading executions

EFG Hermes topped the MENA equity capital market in 2024 with 11 IPOs and 6 secondary offerings

Saudi Arabia achieves record 178 venture capital deals in 2024, retains top rank in MENA region

E-commerce dominated with 33 percent of total funding with a value of $247 million

Saudi Arabia to see 3.5 to 4.5 percent growth in construction as Europe eyes gradual recovery: Report

Infrastructure projects and government-led construction will drive growth in tourism and leisure sectors

WEF 2025: UAE companies soar in global brand rankings

ADNOC, Emirates Airlines, and e& set the standard for UAE brand dominance and rapid growth

Dubai RTA adopts Sustainability Framework 2030 featuring three pillars: Environment, economy, and society

The new framework aligns with Dubai’s 2030 vision and reinforcing its position as a global leader in sustainable development

Oil prices drop to $80.6 as Trump declares national energy emergency

West Texas Intermediate crude futures saw a 0.9 percent decline, reaching $76.69 per barrel

Riyadh to host Global Labor Market Conference featuring 45 labor ministers, 200 experts

The event will focus on international collaboration and youth employment