Latest in Tag: MENA Highlight
Latest in Tag: MENA
MENA is warming at twice global average
Ahead of COP27, Greenpeace report highlights need for urgent action in face of environmental crisis
IMF revises up projection for MENA region growth to 3.3% in 2021
Road to recovery in Middle East, Central Asia hinges on containment measures, access to and distribution of vaccines, among other aspects
No sustainable post-COVID-19 recovery in MENA region without strong governance: IMF
The Middle East and North Africa (MENA) region will be unable to envisage a strong and sustainable recovery following the novel coronavirus (COVID-19) pandemic, unless there is a strong governance framework.
MENA startups collect $1bn in financing during 2020 despite COVID-19
Startups in the Middle East and North Africa (MENA) region were granted $1.03bn in funds during 2020, according to a report by startup data platform, MAGNiTT. The funds, which were granted to about 496 deals, reflected a 13% increase compared to the financing granted in the previous year. On the other hand, the report said …
Google opens application window for first Business Startup Accelerator in MENA
The Google Business Startup Accelerator: Middle East and North Africa ​​was announced in October, as part of the global technology giant’s regional programme “Go Strong with Google”.
MENA sees 45% drop in start-up investment deals in July: MAGNiTT
UAE acquires lion’s share of investments for July
Egypt among MENA best-performing economies despite COVID-19: OBG
Writing in its recent publication, “The Report: Egypt 2020”, the group added that, despite the disruptive effects of the pandemic on world economies, this trend looks set to continue.
Egypt launches Africa, MENA’s first accelerator to bridge gender gap
Accelerator to provide economic opportunities for women to recover from COVID-19 pandemic, says Maya Morsi
Colliers anticipates fastest recovery for Emirati, Saudi hotel sectors in MENA
Cairo, Sharm El-Sheikh hotels to record occupancy rate increases of 46% and 41%, respectively, says Colliers International
MENA hotels expect recovery from Q4 of 2020: Colliers
Colliers’ MENA Hotels Quarterly Review report, released in 7 May, indicated that 79% of hotel owners have decided to partially or fully close their hotels due to low occupancy rates.
MENA hotel sector likely to recover in 4Q 2020: Colliers
This came as governments continue to introduce measures to slow the spread of the virus, with hotel owners also taking precautions as travel comes to a halt.
MENA’s shopping malls should adopt screening to mitigate COVID-19 disruption: Colliers International
Colliers sees retail as one of fastest sectors to recover as markets get back to normality
79% of MENA hotels to partially or fully close after low occupancy rates: Colliers
Of the respondents, Colliers International identified 65% as owning existing hotels.
Facebook launches Arabic third-party fact-checking programme in partnership with Fatabyyano in MENA
As the impact of COVID-19 has spread around the world, Facebook’s third-party fact-checking partners have accelerated their efforts in debunking hoaxes across dozens of countries and languages
BBC’s survey: Rise of areligious in MENA
The survey issued info-graphs about how Arabs feel about wide range of issues, from women’s rights and migration to security and sexuality.
Dahab listed top one of MENA’s best beaches
Want to go diving? Perhaps Snorkeling? Famous shipwreck? Come to Dahab
Solar, Wind Show MENA kicks off
Ministry of Electricity, Renewable Energy inaugurates conference
Non-resident capital inflows to MENA to peak at USD 62 billion in 2017 backed by Egypt-report
Government reform plans restored investors confidence, says IIF
MENA, North Africa may became favoured industrial FDI destinations
Egyptian government may need to engage more with ease of doing business reforms and provide reassurance regarding political risk, says the report
Actis sells its remaining stake in Edita after a four-year partnership
Despite the end of the partnership, both sides consider it a success story
Samsung Electronics releases new products at MENA Forum 2017
Samsung presented breakthroughs in picture quality, design, smart features and premium audio
MENA mergers and acquisitions perform soundly in 2016 despite challenges: Baker McKenzie
The value of MENA inbound and outbound M&A activities doubled in comparison to 2015
MENA growth accelerates in 2017 despite GCC’s weak performance: FocusEconomics
The economic activity in the Middle East and North Africa (MENA) region has shown surprising resilience in 2016 despite mounting political and economic headwinds, according to a report recently released by the economic analysis and forecasts provider FocusEconomics. The report reviews the performance of the region throughout 2016. While the region managed to accelerate despite …
MENA journalist asks Al-Sisi to suspend allegedly corrupt editor-in-chief
More than 90 readers have dropped their subscriptions with MENA as the content has fallen to abysmally poor levels, says the journalist
MENA regional outlook remains stable: Focus Economics
Fastest growth expected for Egypt, Israel with projected GDP expansion of 3.1%, 2.6% respectively
Uber increases investment in Egypt, MENA
Uber Egypt reaches a record 30,000 drivers, commits to EGP 500m investment given rapid success
4.4% growth in GDP forecasted for FY 2016/17 in Egypt: World Bank
$35bn accumulated in direct and indirect losses from war in Syria and advance of IS in MENA region
First goalkeeping academy in MENA sets standards higher
Daily News Egypt interviewed the head of the academy, Maarten Arts, from the Netherlands
50% of citizens say they have bribed government officials: Transparency International
Bribery is particularly common in Egypt, Yemen, Morocco and Sudan with 40%-60% of bribes being paid to court officials in Egypt, says report
Stable GDP growth predicted for FY 2016: FocusEconomics
The firm however projects that GDP growth will decline in 2017, also expecting Egypt and Israel to record the fastest growth in the MENA region