Middle East

Oil prices slip as traders lock in profits, weekly rise boosted by U.S. rate cut

Brent oil futures, set to expire in November, dropped 0.4 percent to $74.60 per barrel

Non-hydrocarbon sectors poised to drive strong GCC economic growth this year: Report

Deal-making in the region remained active, with 214 transactions recorded in H1 2024

GCC economic growth to more than double to 4.4 percent in 2025, says ICAEW report

Global GDP growth to reach 2.7 percent both this year and the next

Middle East set to achieve $75.6 billion in renewable energy investments: Report

These investments encompass 116 renewable energy are expected to become operational between 2025 and 2030

Saudi Arabia’s Crown Prince pledges $5 billion investment in Egypt through PIF

Saudi Arabia to provide additional facilities for companies operating in the new and renewable energy sector in Egypt

UAE gold prices down, global rates dip ahead of Fed’s policy rate decision

India's August gold imports surged to $10.06 billion, compared with $3.13 billion in July

Dubai tops Arab world, ranks fifth globally in international shipping centre index

Dubai holds the position of the fifth strongest international shipping hub for the fifth consecutive year 

Decoding global economic growth dynamics: A conversation with EFG Hermes Research expert

Mohamed Abu Basha shares insights on growth, interest rates, trends and opportunities

MENA private equity investments hit $5.9 billion in H1 2024: Report

Since 2020, private equity deal value has remained above $10 billion, supported by mega deals

Operations and supply chain decarbonization in the Middle East 

Each company faces unique decarbonization challenges, but many struggle to meet ambitious targets

Supporting the next generation of private markets professionals in Saudi Arabia

Saudi Arabia seeks to grow private markets by expanding its skilled professional pool