Saudi Aramco’s $13 billion share sale attracts global investors
The sale of Aramco shares saw immense demand, surpassing the available stock just hours after the sale began. The offering...
LNG investments are projected to increase by over 50% by 2029
LNG investments are expected to surge by over 50% by 2029, driven by new projects in Qatar and North America....
Aanaab Secures Investment from US-based VC Rethink Education
Aanaab secures investment from Rethink Education, reflecting its impact in MENA's education sector. The platform serves over 200,000 teachers and...
World Bank Forecasts 4.7% Economic Growth for GCC in 2025
The World Bank projects GCC economic growth to rebound to 4.7% in 2025, up from a previous estimate of 3.8%....
Lenovo plans $2 billion zero-coupon convertible bond issuance to Saudi Arabia’s Alat
Lenovo Group plans $2 billion zero-coupon convertible bond issuance with Saudi Arabia’s Alat. Alibaba Group and JD.com also join trend,...
GCC Healthcare Industry Booming, Projected to Hit $135 Billion by 2027
The GCC healthcare market is projected to reach $135 billion by 2027. Regional players are acquiring local and international companies...
UAE’s Digital Trade Set for 12.3% Growth Between 2023-2028
UAE's digital trade is projected to grow at a compound annual rate of 12.3% from 2023 to 2028, driven by...
UAE Tourism Sector Set to Contribute 12% to GDP in 2024
UAE tourism contributed AED 220 billion to GDP in 2023, expected to rise to AED 236 billion in 2024. Jobs...
Saudi Arabia’s NWC Awards $948M Contract for Saudi Sewage Plant Maintenance
Saudi Arabia's National Water Company (NWC) has awarded three 15-year contracts worth SAR 3.56 billion ($948 million) for sewage treatment...
MENA Green Finance Boom: UAE, Saudi Drive $15.4B Bonds in 2023
Green bond issuances in the MENA region surged to $15.5 billion in 2023, driven by the UAE and Saudi Arabia....
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