Economy Middle East

Middle East

SMC, Multiply Group partner to develop AdTech and AI Innovation for media growth in MENA
Saudi Arabia

SMC, Multiply Group partner to develop AdTech and AI Innovation for media growth in MENA

Collaboration focuses on enhancing the advertising industry through strategic investments in research and development

Business travel in MENA set to soar to $270.8 billion by 2030: Report
Banking & Finance

Business travel in MENA set to soar to $270.8 billion by 2030: Report

Business travel in the MENA region rose by 50 percent in Q1 2025 compared to Q1 2024

19th EFG Hermes One-on-One Conference highlights impact of U.S. tariffs and emerging opportunities in regional markets
Economy

19th EFG Hermes One-on-One Conference highlights impact of U.S. tariffs and emerging opportunities in regional markets

While tariff exposure is limited, Egypt continues to pursue diversification across regional and global economic blocs

Information security spending in MENA to reach $3.3 billion in 2025, up 14 percent: Gartner
Banking & Finance

Information security spending in MENA to reach $3.3 billion in 2025, up 14 percent: Gartner

Spending on security services is expected to grow by a 16.6 percent in 2025

Middle East Energy 2025 in Dubai spotlights energy storage and battery technology
Energy

Middle East Energy 2025 in Dubai spotlights energy storage and battery technology

The event showcases over 1,600 exhibitors and pivotal discussions on energy storage solutions

Oil prices rebound 1 percent to $64.93 after sharp tariff-driven declines
Energy

Oil prices rebound 1 percent to $64.93 after sharp tariff-driven declines

Markets worry Trump's tariffs will hinder global economic growth and negatively impact oil demand

Sheikh Hamdan to visit India, hold high-level talks
Economy

Sheikh Hamdan to visit India, hold high-level talks

Sheikh Hamdan will meet senior officials in New Delhi to enhance bilateral partnerships during his visit

EFG Hermes kicks off 19th One-on-One Investor Conference: MENA Investment Playbook
Economy

EFG Hermes kicks off 19th One-on-One Investor Conference: MENA Investment Playbook

The conference is hosting 220 companies and 675 institutional investors and fund managers representing 252 global institutions

Türkiye’s annual inflation falls to 38.1 percent in March 2025
Economy

Türkiye’s annual inflation falls to 38.1 percent in March 2025

Türkiye's monthly inflation rate reached 2.46 percent, up from 2.27 percent in February

ATM 2025 sees 104 percent increase in registrations, 52 percent from international markets
Hospitality & Tourism

ATM 2025 sees 104 percent increase in registrations, 52 percent from international markets

UAE and GCC accounted for 48 percent of registrations

Middle East mobile app revenues soar to $1.7 billion, recording 18.6 percent YoY growth
MENA

Middle East mobile app revenues soar to $1.7 billion, recording 18.6 percent YoY growth

The Holy Month sparks surge in mobile app engagement and revenue across the region

Middle Eastern airlines see 3.1 percent increase in passenger demand in February: Report
Logistics

Middle Eastern airlines see 3.1 percent increase in passenger demand in February: Report

International passenger demand rose 5.6 percent in February while domestic demand fell 1.9 percent