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    African Countries Urged to Boost Agricultural Funding

    African Countries Urged to Boost Agricultural Funding

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    Qatar’s VFarms Sets Record with Solar-Powered Lettuce Grown from Air and Sunlight

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    MENA’s Processed Meat Market Set to Hit $62B and 17M Tons by 2035

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    Oman to Launch Nation’s First Camel Cheese Factory in Dhofar

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    Oman: Contributions of the AgriFish Fund to the fisheries sector

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    GCC Indoor Farming Market to Reach USD 1.43 Billion by 2029 Amid Rising Demand for Sustainable Agriculture

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    Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

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    Africa Requires $100 Billion by 2035 to Transform Its Food Systems

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    Oman Trials Drones for Desert Locust Control

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      World Bank Projects 4.7% GDP Growth for Lebanon in 2025 After Years of Decline

      World Bank Projects 4.7% GDP Growth for Lebanon in 2025 After Years of Decline

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      Iraq Unveils Two Major Industrial Projects in Basra

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      Oman Unveils USD 260 Million Investment in Logistics Sector

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      Iraq Rises to Fourth Largest Economy in the Arab World

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      Iraq’s GDP Grows 35% Amid Surge in Investment Spending

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      Empowering Oman’s Future: Turning AI Vision into Practical Impact

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      Oman’s Logistics Sector Gets $260 Million Boost with New Investment Deals

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      Iraq and Qatar Deepen Strategic Ties with Focus on $17B Development Road Project

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      Iraq Targets $60.4 Billion in Non-Oil Revenues by 2028

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        Oman to Add 62,800 New Homes by 2030 Amid Population Boom and Foreign Investment Push

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        Oman Recycles 2.4 Million Tonnes of Construction Waste in 2024

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        Iraq Signs $240 Million Deal for Cement Plant in Al-Muthanna

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        Iraq Completes First Phase of Development Road, Begins Handover Process

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        Iraq to Launch Long-Awaited Baghdad Metro Project by Year-End

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        Oman’s Road Projects Since Launch of Tenth Five-Year Plan Exceed $2.4 Billion

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        21st Edition of Project Qatar to Launch on 26 May 2025

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        Investcorp to Invest $550 Million in Duqm Port Expansion

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        Oman Opens Tender for Luxury Marina Development in Quriyat

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          Empowering Oman’s Future: Turning AI Vision into Practical Impact

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          Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

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          Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

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          How AI Is Shaping the Workforce of Tomorrow

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          How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

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          Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

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          Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

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          Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

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          How AI Drives the Success of MENA’s Mega Projects

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            Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

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            Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

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            Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

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            Iraq Allocates $763.5 Million to Expand Residential Solar Energy

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            Africa and Middle East Set to Add 2.9 GW of Onshore Wind Capacity in 2025

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            Iraq’s Solar Energy Push Draws Interest from 150 Companies

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            • Hospitality
              Middle East Hotel Construction Activity Rises 8% in Q1 2025

              Middle East Hotel Construction Activity Rises 8% in Q1 2025

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              Qatar Leverages Sports to Fast-Track 2030 Tourism Goals

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              GCC Hospitality and Food Service Market to Grow at 9.25% CAGR Through 2029

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              Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

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              Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

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              Qatar Set to Welcome Record 5.3 Million Tourists in 2025

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              Business Travel in MENA Projected to Hit $270.8 Billion by 2030

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              Qatar Ranks Second in UN Tourism Online Academy Participation

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                African Countries Urged to Boost Agricultural Funding

                African Countries Urged to Boost Agricultural Funding

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                Qatar’s VFarms Sets Record with Solar-Powered Lettuce Grown from Air and Sunlight

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                MENA’s Processed Meat Market Set to Hit $62B and 17M Tons by 2035

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                Oman: Contributions of the AgriFish Fund to the fisheries sector

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                GCC Indoor Farming Market to Reach USD 1.43 Billion by 2029 Amid Rising Demand for Sustainable Agriculture

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                Ashghal Begins Work on State-of-the-Art Animal and Agricultural Research Labs

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                Africa Requires $100 Billion by 2035 to Transform Its Food Systems

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                Oman Trials Drones for Desert Locust Control

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                  World Bank Projects 4.7% GDP Growth for Lebanon in 2025 After Years of Decline

                  World Bank Projects 4.7% GDP Growth for Lebanon in 2025 After Years of Decline

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                  Iraq Unveils Two Major Industrial Projects in Basra

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                  Oman Unveils USD 260 Million Investment in Logistics Sector

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                  Iraq Rises to Fourth Largest Economy in the Arab World

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                  Iraq’s GDP Grows 35% Amid Surge in Investment Spending

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                  Empowering Oman’s Future: Turning AI Vision into Practical Impact

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                  Oman’s Logistics Sector Gets $260 Million Boost with New Investment Deals

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                  Iraq and Qatar Deepen Strategic Ties with Focus on $17B Development Road Project

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                  Iraq Targets $60.4 Billion in Non-Oil Revenues by 2028

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                    Oman to Add 62,800 New Homes by 2030 Amid Population Boom and Foreign Investment Push

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                    Oman Recycles 2.4 Million Tonnes of Construction Waste in 2024

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                    Iraq Signs $240 Million Deal for Cement Plant in Al-Muthanna

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                    Iraq Completes First Phase of Development Road, Begins Handover Process

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                    Iraq to Launch Long-Awaited Baghdad Metro Project by Year-End

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                    Oman’s Road Projects Since Launch of Tenth Five-Year Plan Exceed $2.4 Billion

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                    21st Edition of Project Qatar to Launch on 26 May 2025

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                    Investcorp to Invest $550 Million in Duqm Port Expansion

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                    Oman Opens Tender for Luxury Marina Development in Quriyat

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                      Empowering Oman’s Future: Turning AI Vision into Practical Impact

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                      Qatar’s Thriving Tech Sector Boosts GDP and Attracts Global Talent

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                      Cisco VP: GCC Must Bridge AI Readiness Gap with Investment in Infrastructure, Skills, and Security

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                      How AI Is Shaping the Workforce of Tomorrow

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                      How AI and Digital Labour Are Reshaping the Future of Work in the Middle East

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                      Why the Middle East’s AI Strategy Needs More Than Just Large Language Models

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                      Middle East Businesses Ramp Up AI Investments as 91% Expect Productivity Gains

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                      Driving Middle East Growth: Accelerating AI and Cloud Adoption for Smarter Governance

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                      How AI Drives the Success of MENA’s Mega Projects

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                        Qatar Adds 875 MW in Solar Power, Boosts Renewable Energy Push

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                        Oman Breaks Ground on $1.6 Billion Marsa LNG Project in Suhar

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                        Iraq Targets 38,000 MW Power Boost with Siemens and GE Deals to Tackle Energy Shortages

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                        Iraq Allocates $763.5 Million to Expand Residential Solar Energy

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                        Al Bilal Group Secures Licenses for 525 MW Solar Projects in Iraq

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                        Iraq Begins Work on 921MW Al-Nasiriyah Power Plant

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                        Africa and Middle East Set to Add 2.9 GW of Onshore Wind Capacity in 2025

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                        China’s Shanghai Electric to Build $200M Wind Turbine Facility in Oman

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                        Iraq’s Solar Energy Push Draws Interest from 150 Companies

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                          Middle East Hotel Construction Activity Rises 8% in Q1 2025

                          Middle East Hotel Construction Activity Rises 8% in Q1 2025

                          Qatar Leverages Sports to Fast-Track 2030 Tourism Goals

                          Qatar Leverages Sports to Fast-Track 2030 Tourism Goals

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                          GCC Hospitality and Food Service Market to Grow at 9.25% CAGR Through 2029

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                          Baghdad Welcomes Major Hotel Opening Ahead of Arab Summit

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                          Unlocking Growth: Key Opportunities in the Middle East Hospitality Market

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                          Oman Charts a Visionary Course Toward Tourism-Driven Growth and Economic Diversification

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                          Qatar Set to Welcome Record 5.3 Million Tourists in 2025

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                          Business Travel in MENA Projected to Hit $270.8 Billion by 2030

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                          Qatar Ranks Second in UN Tourism Online Academy Participation

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                          Egypt’s cabinet approves 2017/18 budget, targeting 9.1% deficit

                          Reuters

                          March 31, 2017
                          in Economy
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                          The government expects the deficit for the current year, ending June 30, to be between 10.5 percent and 10.7 percent, against 12.2 percent last fiscal year.

                          The 2017/18 budget targets 4.6 percent growth for the year and revenues are expected to reach 818 billion Egyptian pounds ($45.17 billion), Garhy told a news conference after the cabinet meeting. Revenues from taxes are expected to reach 604 billion pounds, while other revenues will amount to 214 billion pounds.

                          A statement from the Finance Ministry later stated that overall revenues will amount to 830 billion pounds.

                          Garhy also said interest on debt would reach 380 billion pounds, up from 304 billion pounds in the current year.

                          Egypt is struggling to revive its economy since a 2011 uprising drove away tourists and foreign investors – two major sources of foreign currency.

                          In November the central bank abandoned its currency peg of 8.8 per dollar in a move aimed to unlock foreign inflows and secure a $12 billion three-year International Monetary Fund program to support the government's effort to reduce its budget deficit and balance Egypt's currency market.

                          Egypt successfully sold $4 billion in Eurobonds in January, raising twice as much as it initially targeted and at lower yields than expected.

                          Garhy said the country's financing plan for the coming year will include a return to international markets by the end of 2017 or early 2018.

                          He said the budget would assume an oil price of $55 per barrel, and an exchange rate of 16 pounds per dollar.

                          Planning Minister Hala al-Saeed said the budget will be sent to President Abdel Fattah al-Sisi and then to parliament by Friday, according to the constitution.

                          Parliament can either approve it or send it back to the government. If parliament approves the budget it will be signed into law by the president.
                          Reuters
                          31 March

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