IFC invests $5.6bn to support private sector in Middle East and Africa
The International Finance Corporation, a member of the World Bank Group, invested $5.6 billion (Dh20.56bn) to support the private sector ...
Country: Other Middle East
Hotel occupancy set to slowly pick up in summer, experts say
Hotels across the UAE and the Middle East region will slowly record an increase in their occupancy during the upcoming ...
Coronavirus: IMF urges Mideast sovereign funds to boost local economies
Sovereign wealth funds in the Middle East should be used to boost growth, an International Monetary Fund (IMF) official said ...
G20 vows to inject $5 trillion to economies
The G20 nations today vowed to inject over $5 trillion into the global economy, as part of targeted fiscal policy, ...
434 hotel projects underway in Mideast in Oct: STR
A total of 434 hotel projects accounting for 119,991 rooms were in construction in the Middle East and 135 projects ...
MEA smart cities market spend to hit $2.7bn by 2022
The smart cities sector in the Middle East and Africa (MEA) region is poised for solid growth over the next ...
MEA hotel construction remains steady: STR
The July hotel pipeline data released by marketplace insights provider STR showed a total of 427 projects accounting for 123,742 ...
MEA AI market ‘on track to top $530mn by 2022’
Boosted by the UAE’s public and private sector investment in AI, the Middle East and Africa’s (MEA) Artificial Intelligence market ...
Investments worth $209bn needed in MENA power sector
Over the next five years, the Mena region will need to invest $209bn in the power sector according to the ...
Industrial packaging market in MENA region to witness 5.2% CAGR in revenues over 2024
Demand for industrial packaging in the Middle East and Africa is likely to remain robust owing to the improving situation ...
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