Middle East Archives | Gulf Business

EFG Hermes shuts Oman operations

Kudakwashe Muzoriwa — Wed, 12 Apr 2023 08:53:32 +0000

The universal bank said the move comes in light of its efforts to drive shareholders’ value by optimising its operations and improving the return on equity metric

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Egypt inflation surges to highest since July 2017 on food prices

Divsha Bhat — Mon, 10 Apr 2023 09:48:44 +0000

On a monthly basis, prices grew 2.7 per cent, compared with 6.5 per cent in February

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Iraq, TotalEnergies to proceed with $27bn energy project

Kudakwashe Muzoriwa — Wed, 05 Apr 2023 11:30:58 +0000

The energy project aims to recover flared gas on three oil fields in order to supply power plants and build a seawater treatment plant to increase oil production

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World Bank approves five-year plan to support Egypt development

Bloomberg — Thu, 23 Mar 2023 03:44:02 +0000

The framework’s projects will be supported with $7bn in lending, comprising of $1bn a year from the International Bank for Reconstruction and Development

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Fresh quakes hit Turkey, two weeks after disaster

Divsha Bhat — Tue, 21 Feb 2023 06:14:08 +0000

A 6.4 and 5.8 magnitude earthquakes hit the country's southeastern Hatay province on Monday

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UAE’s Ministry of Defence ends rescue and search activities in Turkey

Divsha Bhat — Mon, 20 Feb 2023 10:40:48 +0000

During the operation, the team managed to rescue 10 people and recover 26 bodies

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Rescue efforts continue a week after Turkey, Syria earthquakes

Divsha Bhat — Tue, 14 Feb 2023 05:26:01 +0000

The death toll in Turkey and Syria from the earthquakes and major aftershocks rose above 35,000

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Insights: Maximising the potential of ESG investing in the MENA region

Neesha Salian — Thu, 09 Feb 2023 07:11:57 +0000

Investors in the region could be missing a big opportunity, as investment firms globally are facing increasing demand for ESG investment products that integrate thematic ESG strategies and comply with regulatory requirements

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Middle East CEOs confident about economic growth in 2023, finds PwC survey

Neesha Salian — Sun, 29 Jan 2023 22:42:43 +0000

According to the survey, 61 per cent of Middle East CEOs expect regional economic growth to improve in 2023 and are ‘very confident’ about prospects for business revenue growth over the next three years

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How home retail is growing in the Middle East?

Zubina Ahmed — Thu, 05 Jan 2023 00:01:35 +0000

Home Retailers are always on the look out to evaluate opportunities to expand their footprint and increase their assortment to ensure that they become a one-stop solution for all home retail needs

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