EconomyFeaturedChanges in policy framework key to transforming recovery in MENA: IMFIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 While several countries in the region have made significant strides, but the progress has been inconsistent... Read more
EconomyFeaturedIFC invests $10.4 bn in the private sector of MENAWebAdminAugust 25, 2021 by WebAdminAugust 25, 2021 The funds will help thousands of small businesses gain access to finances, trading, and partnership... Read more
FeaturedTechnologyCybercrime, corporate fraud costing global economy $11 tn each yearWebAdminJuly 6, 2021 by WebAdminJuly 6, 2021 Global cybercrime costs to grow by 15% per year over the next five years... Read more
FeaturedIslamic FinanceGlobal Islamic Finance to grow by 12% in 2021-22: S&PPritam BordoloiMay 4, 2021 by Pritam BordoloiMay 4, 2021 The growth will be driven by increased sukuk issuance in key markets... Read more
EnergyFeaturedEgypt to establish MENA’s biggest petrochemical complexPritam BordoloiApril 30, 2021 by Pritam BordoloiApril 30, 2021 The complex will be constructed in the Ain Sokhna industrial zone... Read more
FeaturedTechnologyMENA IT spending to reach $171 bn in 2021Pritam BordoloiApril 27, 2021 by Pritam BordoloiApril 27, 2021 Businesses in the region are likely to spend $7.6 bn more on IT this year... Read more
FeaturedFinanceMENA startups raise $170 mn in the first quarterWebAdminApril 9, 2021 by WebAdminApril 9, 2021 UAE, Egypt and Saudi completed 125 deals worth $396 mn in the first quarter of 2021... Read more
Business LeadersFeaturedGoldman Sachs hires new head for private wealth management unit in MENAPritam BordoloiApril 8, 2021 by Pritam BordoloiApril 8, 2021 Goldman Sachs has hired ex-UBS Group banker Gabriel Aractingi... Read more
EconomyFeaturedUAE to see a V-shaped recovery this year: FABInternational Finance Business DeskJanuary 20, 2021 by International Finance Business DeskJanuary 20, 2021 Rebound in tourism and oil prices are likely to lead the recovery... Read more
FeaturedLogisticsIQ Robotics partners with LiBiao Robotics to boost MENA logisticsPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021 Both parties will work to make further advancements in AI and machine learning... Read more