Mena

Sukuk issuance across the Middle East and North Africa surged 48 percent to $6.2 billion in the first half of 2024, driven by green and social projects, a new analysis showed. Growth in the Islamic bonds sector has been primarily driven…
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Saudi Arabia’s capital Riyadh is among the top five startup ecosystems in the Middle East and North Africa region, according to new data. The international policy advisory and research organization Startup Genome, in collaboration with…
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Information technology spending in the Middle East and North Africa region is set to reach $193.7 billion in 2024, a 5.2 percent increase from the previous 12 months, according to a new report. In its latest MENA IT Spending forecast,…
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The Middle East and North Africa region is registering the highest growth in the global renewable energy sector due to its relatively small current base and ambitious 2030 targets. In its latest report, the International Energy Agency…
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Saudi Arabia and Egypt remain dominant destinations among Middle East and North Africa travelers in 2024, retaining top spots in international preferences, according to a study. Singapore-based travel booking app Wego ranked Egypt as the…
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The International Monetary Fund has opened its first office the Middle East and North Africa region in Riyadh. The office was launched during the Joint Regional Conference on Industrial Policy for Diversification, jointly organized by…
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Saudi startups continue to demonstrate a pioneering stance by capturing almost half of the region’s total venture funding in the first quarter of the year, underscoring the Kingdom’s growing influence in the regional startup ecosystem.…
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Cult music and culture magazine Rolling Stone is set to broaden its footprint in the Middle East and North Africa region with a new collaboration alongside investment fund Global Venture Partners. The partnership aims to enhance the…
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Investments in Middle East and North Africa startups amounted to $86.5 million in January, as 2024 kicked off at a slow pace. The figure represented a decline from December 2023’s $1.15 billion in funding, as well as a 34 percent…
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Saudi Arabia led the Middle East and North Africa initial public offerings, with 14 out of 19 listings occurring in the fourth quarter of 2023. The MENA region witnessed a total of 48 IPOs during 2023, amassing $10.7 billion in proceeds,…
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