Middle East
This downward trend extends from a record high of 38 percent reached in September 2023
Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean
Discussions will include the preservation and restoration of archives, AI, intellectual property, copyright laws
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
Global average temperatures in the last 12 months reached the highest on record at 0.76 °C above the 1991-2020 average
Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel
Public and private initiatives drive growth
Brent crude futures for September delivery rose 0.2 percent to $86.41 per barrel
UAE ranked among the top 10 global travel destinations in the past year
Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel
Remittance flows to low-middle-income countries moderated in 2023, reaching $656 billion: World Bank
Remittances to LMICs are expected to grow 2.3 percent in 2024, but unevenly across regions
