Regional oil exporters are benefiting from higher oil production as well as increased public investment and implementation of structural reforms
The deal follows the October announcement of Sphere Abu Dhabi and was detailed in a Securities and Exchange Commission filing made on July 28
The UAE saw a single listing, Dubai Residential REIT, which raised $584m on the Dubai Financial Market
Each CEO leads an organisation with a strong regional presence, consistent business performance, and a visible brand footprint across MENA and beyond
Today’s investors are more cautious, prioritising startups with proven track records, scalable business models, and clear paths to profitability
Saudi Arabia also remained a prime investment hub, contributing to a combined 318 deals with the UAE, valued at $29.6bn
ENEC and newcleo aim to provide a model for cooperation between public and private nuclear energy companies
The MENA markets saw 25 IPOs during Q4 2024, raising $7.9bn in proceeds, the report shared
By adopting a comprehensive approach to DEI, organisations in the GCC and the wider MENA region can fully leverage the potential of their diverse workforces
The MENA region’s M&A landscape in 2024 highlights a growing appetite for cross-border transactions, sectoral diversification, and a shift towards sustainable, digital-first investments
The additional funding will further boost Paymob’s efforts to expand its regional footprint and reinforce its position as a leading payments provider in the region
Eight out of the 14 MENA IPOs in Q2 2024 delivered positive returns by the end of June, with Miahona Company achieving the highest gain of 90.4 per cent
The GSER report highlighted Abu Dhabi’s strengths in the fintech, agtech and new food, and climate tech sectors, citing the density of talent, support resources, and startup activity
The general manager of New Balance MENA and India shares the factors driving the activewear brand’s growth in the Middle East and its growing appeal among regional customers
According to a Mastercard report, Kuwaiti tourists spend an average of $3,390 per card in Paris, five times as much as their American counterparts
According to the International Trade Administration, there are around 23.5 million gamers in Saudi Arabia, which accounts for almost 70 per cent of its population
COP28 and SME Climate Hub for MENA will provide free access to tools and resources to implement emission reduction strategies
The MENA region’s total e-commerce market size reached $37bn in 2022, with a double-digit growth rate from 2021
Premier Inn plans to launch a new, higher-grade room category in the Middle East, as well as more enhancements at its existing properties this year
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
More than ever, consumers now want fast, on-time and flexible delivery solutions, with the option of easy returns
This investment is part of the recently launched Investcorp Saudi Pre-IPO Growth Fund LP, targeting equity growth capital investments across a range of companies primarily based in Saudi Arabia
The collaboration will offer advanced new technologies so businesses, governments and SMEs can move from cash-based payments to a seamless ecosystem
S-commerce has several other factors going in its favour