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Middle East CEOs optimistic about economic growth, AI integration: study
Global economic volatility alongside emerging technologies has not deterred business confidence among CEOs in the Middle East, a recent report revealed.
The CEO Global Insights Study for 2024 by Arthur D. Little, survey almost with 300…
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UK and Turkiye launch talks on a new free trade deal
The UK and Turkiye will formally launch negotiations on a new Free Trade Agreement on Thursday with a view to including services as well as goods in a new deal.
Britain already has an FTA with Turkiye, which was rolled over when Britain…
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Moody’s retains positive outlook for Saudi Arabia’s banking sector
Moody’s Investors Service has retained a positive outlook for Saudi Arabia’s banking sector thanks to the Kingdom’s economic diversification programs.
In its latest report, the US-based credit rating agency said the demand for credit for…
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Saudi ports record 17% growth in container handling in February
Seaports in Saudi Arabia recorded a 16.88 percent increase in the number of containers handled in February compared to the same period last year, official data showed.
The Saudi Ports Authority, also known as Mawani, disclosed that docks…
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Egypt to receive $8bn EU aid amidst Gaza and Sudan conflicts
Egypt is set to receive €7.4 billion ($8 billion) in aid from the EU to support its economy until 2027 amidst conflicts in Gaza and Sudan, according to reports.
London-based newspaper the Financial Times claims the aid comes amid…
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Saudi Arabia, Bahrain discuss joint cooperation in social housing and urban planning
Saudi Arabia and Bahrain are exploring partnership opportunities in the social housing and urban planning sectors following a high-level meeting.
The discussions took place on the sidelines of the Bahrain Smart Cities Summit 2024 held in…
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Jordan’s Numa plans expansion to Saudi Arabia after Visa collaboration
Jordan-based fintech Numa will collaborate with Visa to fuel its expansion plans into Saudi Arabia, signifying the Kingdom’s financial sector embracing international expertise.
Visa will be incorporating an investment to fuel Numa’s…
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Egypt’s sees trade deficit rise 17.8% amid export decline, import fluctuations
Egypt’s annual trade deficit rose by 17.8 percent in December due to a decline in the value of key commodities such as fertilizers and petroleum products.
According to the report from the Central Agency for Public Mobilization and…
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Technology strengthening financial system in UAE, says central bank
The financial system in the UAE is more secure and efficient than ever before thanks to the widespread implementation of technology, according to the country’s central bank.
In its report for the fourth quarter of 2023, the institution…
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New Murabba Development Co. spotlights Saudi urban opportunities at MIPIM 2024
International investors will have the opportunity to explore the Saudi urban sector as New Murabba Development Co. participates in a global real estate event in France.
The company is set to showcase its latest project, Mukaab, as part…
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