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Saturday, April 27, 2024

Economy

UAE Economy Driven Largely by Non-Oil Growth

MEED Analyst John Bambridge says that the UAE has demonstrated remarkable economic resilience in recent years, with its non-oil sector bouncing back from Covid-19 and emerging as the real driving force behind the country’s growth. 

Indonesia and Egypt Full Steam Ahead on Urban Planning Relocation Strategy

NUS Lee Kuan Yew School of Public Policy Senior Lecturer Dr Woo Jun Jie discusses Singapore’s urban planning mitigation against congestion strategies in light of the new capital cities currently under construction in Indonesia and Egypt.

Tunisia Achieves Bumper Olive Oil Harvest Due to New Production Methods

Tunisian Agricultural Minister Abdelmonem Belati says that the olive oil industry must take advantage of high export prices to capitalise on a bumper harvest.

Ugandan President Launches the First Interest-Free Islamic Bank

Ugandan President Yoweri Museveni officially opens Salaam Bank, the country's first interest-free commercial Islamic bank in Kampala Uganda this week.

Tehran Targeting USD 20 Billion in Trade with Baghdad by 2027

Iran’s Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari says that the country is targeting an annual USD 20 billion trade with neighboring Iraq by 2027.

Strong Profits Forecast for Kuwaiti and Other Gulf Oil Refineries for FY2025

Kuwaiti oil refineries Al-Zour and Al-Ahmadi, along with Mina Abdullah and Duqm, which are jointly owned by Kuwait and the Sultanate of Oman, are poised for significant profits in the years 2024 and 2025.

KPMG says Venture Capital Markets in Central Asia Surpass Northern Regions

Kazakhstan has emerged as the leader in the region in terms of venture capital volumes and development rates.

Barclays Bank CEO Rasha Badawi Says Diversification Aids Against Global Uncertainties

UAE Barclays Bank CEO Rasha Badawi says that the past few years has seen the region experience rapid growth and consumer confidence across multiple sectors.

Latest news

UAE Economy Driven Largely by Non-Oil Growth

MEED Analyst John Bambridge says that the UAE has demonstrated remarkable economic resilience in recent years, with its non-oil sector bouncing back from Covid-19 and emerging as the real driving force behind the country’s growth. 
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Tender Now Open for 400MW Wind Project in Morocco

Morocco has opened a pre-qualification round in a tender for the construction and operation of a 400-MW wind farm complex in the northern part of the North African Kingdom today.

UAE and Oman Firms Sign USD 32 Billion in Energy Deal

An industrial and energy project valued at an estimated USD31.8 billion topped the recent investment agreements reached between the UAE and Oman following Sultan Haitham Bin Tariq’s visit to the UAE capital earlier this week.

Must read

Contemporary Artist Shezad Dawood Invites Multi-Sensory Conversations

London-based Artist Shezad Dawood exhibits a fantastical sci-fi homage to the late Grammy Award-winning composer Yusef Lateef at The Aga Khan Museum Toronto, Canada.

First Arab Female Astronaut Nora Al Matrooshi Graduates from NASA

UAE Astronauts Nora AlMatrooshi and Mohammad AlMulla graduate from the NASA Training Programme in Houston USA this month.
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Singapore and Saks Fifth Avenue Find Synergies in Luxury Shopping Markets

The Singapore Tourism Board launches the Made in Singapore Campaign in the USA with the aim of showcasing quintessential Singaporean experiences to the US Market.

Record-Breaking FDI for Major Infrastructure Development in Egypt

The agreement between Egypt and consortium ADQ is the largest FDI in Egypt's history, with USD 35 billion allocated for infrastructure development in Cairo.

Singapore Signs Bilateral Treaty on Appeals from the Bahrain ICC

The Government of Singapore and the Kingdom of Bahrain signed a bilateral Treaty to establish a new Bahrain International Commercial Court in Bahrain and a designated body in Singapore to hear its appeals.