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
Agentic AI systems are being explored for urban management as part of smart city projects such as Neom, while banks and healthcare institutions are examining its use for risk assessment and adaptive treatment plans
While traditional racing strongholds such as the UK, Ireland, the US and Australia play a hugely important role in breeding horses and staging some of the best racing in the world, the last few years have seen a notable shift, says the CEO of the Dubai Racing Club
We explore how emissions performance management is paving the way for the Middle East’s urban projects
In Q3 2024, CFI recorded a trading volume of $1.03 trillion, marking a 34.47 per cent growth from Q2 2024 and a 129.4 per cent increase compared to Q3 2023
MENA funds have shown robust performance, particularly in the energy sector, driven by the region’s abundant natural resources
Equipped with 203 solar panels, the Majid Al Futtaim Mosque generates over 204,121 kWh of power annually, exceeding its energy needs by 115 per cent
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
The UAE and Saudi Arabia are rising stars from the Middle East in embracing driverless transportation to achieve sustainable mobility
While the potential is vast, high costs, limited EV models, and insufficient charging infrastructure remain significant barriers
Oil prices rose on Monday following last week’s decline amid worries about weak demand in China
Al Tamimi & Company has grown from a single office in Sharjah to become the largest law firm in the Middle East
The joint venture will build on Modon’s development pipeline as well as sites currently owned by Candy
Sheheryar Rasul, CEO and country head – Switzerland Group Wealth Management, Habib Bank AG Zurich, shares the bank’s long-term vision, with a focus on trust and innovation
CYVN Holdings will support NIO with strategic investments for the expansion, which will start with UAE
The main channels for the conflict to impact the global economy have been through higher commodity prices, including oil and grains
According to PwC, the non-oil growth outturn for 2024 is encouraging at 4 per cent in UAE, 3.7 per cent in Saudi, 3.8 per cent in Oman and 4.7 per cent in Kuwait
Part of the IHG Hotels & Resorts family, the hotel features 173 rooms, suites, and chalets, each designed to reflect local themes such as damask roses, pomegranates and the region’s famous indigo plants
The platform has collaborations with over 1,500 hospitals and wellness centres across the US, UK, Germany, UAE, Saudi Arabia, Thailand, India, Singapore and Egypt
Nissan’s DVP and president – Middle East, Saudi Arabia & CIS discusses the brand’s impressive growth in the region, driven by a diverse product lineup, robust SUV demand, and customer-centric innovations
Despite regional flux, up to 42 per cent of UAE-based regional CEOs expect double-digit growth in 2024 indicating a thriving business environment, as per an EMIR survey
Factors driving growth include Anghami securing an exclusive multi-year deal with Warner Bros. Discovery, bringing Max Originals and Warner Bros. films to OSN+
The route changes have been facilitated by aviation regulators easing guidance on Afghanistan
That has stoked worries among traders about a slump in demand from China, where refineries sharply cut crude processing rates last month on tepid fuel demand
A broader conflict in the Middle East could threaten oil moving through key choke points in the region
Dr David Wartenweiler, CFA, the bank’s chief investment officer, gives insights into the market outlook for the remainder of 2024
Lebanon’s multiple crises include a contracting economy, lack of governance and tensions in the region causing an influx of refugees
We explore three strategies leaders can use to ensure their businesses are more agile and innovative
The investment will pave the way for the payments firm’s expansion into the UAE, Middle East and Africa