MENA fund managers to boost Egypt, UAE investments
Middle Eastern funds plan to increase their investments in Egypt and UAE and decrease allocations in Saudi Arabia, while keeping…
Market Forecasts
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Sustainable farming on the rise in UAE
Vertical farming is boosting the UAE's crop-producing capacity, helping the country build a sustainable future. According to statistics, the…
Central bank governor: Global monetary divergence challenging for Israel
The divergence in economic developments among leading economies is especially challenging for Israel and other small economies with major trading…
Economic reforms turns Egypt into Middle East’s fastest-growing economy
Egypt’s recovery has turned it into the Middle East’s fastest-growing economy following three years of reforms enacted to secure a…
Egypt: “banks well placed for growth” says Arab African International Bank’s Elwy
Reforms implemented across Egypt’s banking sector means that the sector is well placed for growth at home and abroad. …
Kuwaitis and Expats spent more then KD 6 billion in last 6 months
Citizens and expatriates spent KD 12.3 billion in the first six months of the current year – KD 466 million…
GCC and Egypt Economic Outlook Hinges on Continued Reforms NBK Research
The GCC and Egypt’s economic growth and public finances improved in 2018 amid higher oil prices, infrastructure development, diversification programs…
State fund sells Gulf Bank stake
Kuwait Investment Authority has sold a 16.1 percent stake in Gulf Bank to Alghanim Trading Co for KD 152.93 million…
Oman’s economic reforms forecast to propel growth to 3.9% by 2021
Economic growth in Oman is expected to steadily edge higher over 2019-2021, led by pro-growth reforms aimed at diversifying the…
UAE’s real estate market to stabilise in 2020, says JLL
While most sectors across the UAE’s real estate market remained challenged during the first half, the various government initiatives launched…
How Africa is setting an example for Arabs
Arab leaders and citizens do not often look at Africa for inspiration. For decades, the continent has been beset by…
The GCC's smallest island is attracting startup attention
Despite its small size, the Gulf island of Bahrain is proving a force to be reckoned with in the startup…