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Friday, May 10, 2024

Macro and Domestic

The Potential is Undeniable, But Nobody Eats Potential

African Development Bank Group President Dr Akinwumi Adesina makes an impassioned plea at the World Economic Forum “Food and Water for All” panel discussion in Riyadh this week.

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.

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.

Hungary Looks to Partner with UAE for Investment in Priority Sectors

Hungary signs an economic cooperation agreement with the UAE aimed at stimulating trade and investment flows between the two countries in Budapest this month.

Pakistan’s Rice Exports Surge Thanks to India’s Export Restrictions

Rice exports from Pakistan surged 85.8%, reaching USD 2.5 billion within eight months, largely due to India’s self-imposed restrictions on its own shipments.

Dubai Financial Market on Target to Becoming Top Four GFC

The Supreme Committee for the Development of Capital Markets and Exchanges in Dubai round-tabled the latest Dubai Financial Market review, and the results speak for themselves.

Latest news

Qatar Hypermarket Launches Halal Thai Promo for Good Taste and Goodwill

Graced by Ambassador of Thailand to Qatar H E Sira Swangsilpa, and Lulu Hypermarket Regional Director Shaijan MO together with dignitaries from the Royal Thai Embassy in Doha, the Halal Thai Food Promotion launch aims to foster goodwill between the two countries and celebrate Thai culture and cuisine.
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Gas Monetisation a Strategic Focus as Libya Increases Exports to Europe

Libya has allocated USD 1.23 billion to develop the Hamada NC-7 concession in its latest budget, which was approved by Libya’s eastern-based parliament last month, according to a recent MEED report.

How PPP is Increasing Efficiencies Across Saudi’s Gigaprojects

UK legal firm Ashurst Senior Associates Jason Gouveia and Joanne McGuire discuss why concerns about whom ultimately bears the payment risk in a PPP arrangement becomes highly relevant in gigaprojects.

Must read

Ramadan in Dubai Campaign Indulges with Crafty Culinary Choices

Dubai’s diverse gastronomic scene comes to life with a range of creative Iftar and Suhoor options under the Ramadan in Dubai Campaign.

Partanna Global Deploys First Carbon-Negative Concrete Blocks in the Gulf

In a first for the Saudi construction industry, materials science company Partanna Global partners with Saudi Readymix Concrete Company on the successful production of carbon-negative concrete blocks in the Gulf.
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Malaysia Clinches USB 6 Billion Boost to its Cloud Economy

AWS says there’s a high demand for cloud services in Malaysia and across Southeast Asia, promising USD 6 Billion infrastructure investment in Malaysia by 2037.

TotalEnergies Deploys a Multi-Energy Strategy from Oman to Malaysia

TotalEnergies CEO Patrick Pouyanné met with His Majesty Sultan Haitham bin Tariq Al Said and Minister of Energy HE Eng. Salim bin Nasser Al Aufi to reaffirm the long-term partnership between TotalEnergies and the Sultanate of Oman as well as launch the Marsa LNG Project during a meeting in Muscat this week.

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.