The framework’s projects will be supported with $7bn in lending, comprising of $1bn a year from the International Bank for Reconstruction and Development
A 6.4 and 5.8 magnitude earthquakes hit the country’s southeastern Hatay province on Monday
During the operation, the team managed to rescue 10 people and recover 26 bodies
The death toll in Turkey and Syria from the earthquakes and major aftershocks rose above 35,000
Investors in the region could be missing a big opportunity, as investment firms globally are facing increasing demand for ESG investment products that integrate thematic ESG strategies and comply with regulatory requirements
According to the survey, 61 per cent of Middle East CEOs expect regional economic growth to improve in 2023 and are ‘very confident’ about prospects for business revenue growth over the next three years
Home Retailers are always on the look out to evaluate opportunities to expand their footprint and increase their assortment to ensure that they become a one-stop solution for all home retail needs
The agreement comes as part of the UAE’s efforts to support the medical and healthcare sectors in Palestine
Gitex Africa will take place in Marrakech, one of the Morocco’s largest cities from May 31 to June 2, 2023
The passenger numbers registered a 89.6 per cent increase against 2021 figures
The partnership will see Anghami produce an exclusive podcast for Mashreq’s Brand Campaign “Rise Everyday” and offer the bank’s customers access to its content catalogue
Besides the UAE foreign minister’s latest visit, we take stock of the key developments and events since the signing of the historic accords
The leaders were briefed about the five-star hotel which features several tourist facilities
Current efforts are not limited to just hiring, but also include investing in developing female talent to build up diverse pipelines, opines Maliha Jilani, member of the global social impact practice and partner at Heidrick & Struggles (Dubai)
The project will capture and store between 25,000 and 30,000 tonnes of carbon dioxide per year
Nuwa Capital, Shorooq Partners, and 4DX Ventures co-led the round, which comprised investors from all across the world
With a growing startup ecosystem and tech-driven individuals, the Middle East region is on the verge of becoming a global fintech leader, says Jeetu Kataria, co-founder and CEO at DIFX
The IMF loan will be disbursed over four years in return for the phased implementation of an economic recovery plan
Saudi Arabia will also provide $1bn for the purchase of oil products and to support of development projects
Micro-mobility is playing a significant role in decarbonising transportation across the world, says Amir Melad, GM-Middle East at Tier Mobility
The company’s total revenue in 2021 reached $99.9bn, and generated a net profit of $17.8bn
Regional and global M&A activity witnessed strong growth last year
KPMG’s latest Pulse of Fintech report shows investment in fintech companies in Europe, Middle East and Africa touched $77.4bn across 1,859 deals in 2021
Power sector investments in the MENA region are also expected to continue to thrive, with an accelerating shift towards renewables
The Bored Falcon initiative has been created and fuelled by a collective of artists across Dubai, Manama, Beirut, and Damascus
The region’s M&A deal volumes for FY 2021 were up 58 per cent from 2020
The technology provider aims to address the key delivery challenges in the Middle East such as inaccurate addressing and package tracking
In Egypt, we closed three accelerated equity offerings, out of which one was the first dual listing of a London listed company on EGX
Sun & Sand Sports, a GMG brand and the Middle East’s sports retailer, is already slated to open at the City Centre Almaza as well as Mall of Egypt
Although the pandemic has affected the air travel industry, new technologies and contactless systems can eliminate the bottlenecks, says Osama Nawayseh, Middle East sales manager at Vision-Box