MENA hospitality market to surpass $487 billion by 2032
The Middle East and North Africa’s hospitality is set to grow to more by than $487 billion (£365 billion) by...
Middle East
Amazon launches “15-minute” delivery service in UAE
​Amazon has launched its delivery service Amazon Now across the UAE, according to an announcement on Amazon's website published on...
Saudi asset manager announces $1.6 billion real estate fund
Leading Saudi asset manager, Riyad Capital, has announced a collaboration with the Saudi Railway Company to launch a $1.6 billion...
US envoys meet Israel’s Netanyahu to discuss regional updates
US envoys Steve Witkoff and Jared Kushner, met with Israeli Prime Minister Benjamin Netanyahu on October 20th, according to a...
Abu Dhabi’s IHC acquires stake in Pakistan’s women bank
Abu Dhabi’s IHC (International Holding Company) has acquired a majority stake in Pakistan's state-owned First Women Bank Limited (FWBL), reports...
AI-powered waste monitoring pilot set to launch in Abu Dhabi
Abu Dhabi’s Tajmee’e, Tadweer Group’s waste collection subsidiary, has collaborated with the global infrastructure intelligence company EchoTwinAI in a bid...
Swiss bank UBS opens advisory office in Abu Dhabi
The Swiss bank UBS has opened a new advisory office in Abu Dhabi’s financial centre, Abu Dhabi Global Market (ADGM),...
Abu Dhabi-based global investment company announces merger
Abu Dhabi's IHC (International Holding Company) has announced plans to merge three of its companies into a single investment valued...
Saudi Aramco acquires additional stake in Petro Rabigh
Saudi Aramco has completed the acquisition of a 22.5 per cent stake in its refining and petrochemicals joint venture Petro...
Saudi Aramco halts expansion plans for chemical projects
Saudi Aramco has halted expansion plans for three chemical projects due to weaker oil prices holding back local spending, according...
Pope Leo XIV will visit Turkey and Lebanon
The Vatican has announced that the pontiff, Pope Leo XIV, will travel to Lebanon and Turkey for his first papal...
UAE railway operator inks memorandum for transport boost
UAE’s national railway network operator Etihad Rail has signed a memorandum of understanding (MoU) with United Trans and Via to...
UAE’s PureHealth acquires 60% of Greek healthcare group
Abu Dhabi-based PureHealth has completed the acquisition of its majority stake in Hellenic Healthcare Group (HHG), according to the Financial...
World Bank forecasts boosted growth for MENA region
The World Bank has revised its 2025 growth forecast for the Middle East, North Africa, Afghanistan and Pakistan (MENAAP), but...
World Bank raises growth outlook for MENA region
The World Bank has increased the Middle East and North Africa’s 2025 economic growth forecast to average 2.8%, up from...
