Trump promised a “brand new day of American strength” at a rally on Sunday, January 19.
The region’s strengths and strategic initiatives provide a solid foundation for growth and innovation that will enable manufacturers to thrive, despite the obstacles ahead
Lebanon’s bonds, which have been in default since 2020, rallied shortly after Joseph Aoun’s victory was announced
Arab countries contributed nearly half (49.1 per cent) of the total FDI inflows, with Gulf Cooperation Council nations making up 31.7 per cent
India’s government and industry groups favour a broader trade and investment pact with the United States to help manufacturers integrate into global supply chains
Special treasury bonds will be used to fund large-scale equipment upgrades and consumer goods trade-ins, state officials have said
A further rise to 10 billion is projected in the second half of the century, despite declining growth rates
Egypt, grappling with high inflation and shortages of foreign currency, agreed to the $8bn, 46-month facility in March
The port is expected to boost Senegal’s GDP by 3 per cent, increasing trade flows and potentially adding $15 bn in trade value by 2035
Egypt’s new 500 megawatt plant will power 300,000 households and offset 782,300 tonnes of CO2 emissions
The past decade (2015-2024) is now officially the warmest on record, with 2024 poised to exceed the record set by 2023, a WMO report showed
Brent crude futures rose 36 cents, or 0.51 per cent, to $71.48 per barrel on Monday amid the fall of Syrian President Bashar al-Assad’s regime
By prioritising local content, the expanded list is poised to drive job creation, stimulate innovation, and accelerate Abu Dhabi’s transition to a diversified, non-oil economy
The US has indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company, Adani Green Energy
Flexible and hybrid work models have disrupted the traditional on-site working arrangement for many sectors, allowing for practices such as remote working
MENA funds have shown robust performance, particularly in the energy sector, driven by the region’s abundant natural resources
The MENA IPO market is expected to close out 2024 on a high note, driven by government support for economic diversification and growing interest from regional and global investors in the MENA region’s dynamic opportunities
Trump made tariffs and tax cuts key elements of his pitch to voters, many of whom said the economy was the biggest issue of the election
The results are affecting assets globally and determining the outlook for US debt, the strength of the dollar and a host of industries
With strategic focus on the UK real estate market, GCC investors are increasingly turning to asset enhancement and sustainable investments to capture strong returns and long-term growth
Before the summit, Russia outlined an alternative payment system in national BRICS currencies that would include a new messaging system
Analysts had expected an announcement of fresh Saudi investment into Egypt, but bin Salman left without announcing any firm commitments
BRICS has expanded to include Egypt, Ethiopia, Iran and the United Arab Emirates as well as Brazil, Russia, India, China and South Africa
The East African nation is seeking to diversify its sources of financing
An EU partnership with Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates would cover trade and investment
Through MDR Investments, Prateek Suri is driving a fresh wave of large-scale funding into Africa’s infrastructure and mining sectors
Brent futures and US West Texas Intermediate (WTI) crude spiked more than 1 per cent amid Iran’s attack on Israel
Hezbollah leader Sayyed Hassan Nasrallah has died in an airstrike, says Israel’s military
From Egypt’s serene beaches to Switzerland’s snow-capped peaks, Orascom’s success lies in its ability to create spaces where people can truly live well