Author: GAR STAFF
Algeria hosted Qatari businessmen and officials to discuss investments across a number of sectors. Qatar represents 75% of all foreign investment in Algeria.
Saudi Crown Prince Mohammed bin Salman is set to embark on a regional tour to bolster international co-operation.
The ITFC has begun dispersing a USD 3 billion credit extension to Egypt to address the rising costs of food and energy imports.
A delegation from Sierra Leone met with representatives of Qatar Chamber to explore economic opportunities as Qatar’s trade surplus soars.
According to a report by Apicorp, energy investments over the next five years are set to grow by 9% to each USD 879 billion as exporters boost spending on the back of higher oil revenues.
According to startup and investment platform Wamda, MENA region startups raised USD 176 million across 42 deals in May.
Egypt’s DXwand has received USD 1 million in new funding to expand its operations across the MENA region.
Trade between Ethiopia and the UAE has surpassed USD 2.5 billion over the past five years, according to the Ethiopian Ministry of Trade and Regional Integration.
The UAE’s Minister of Economy will lead a delegation to Morocco to explore how the two countries can strengthen economic ties.
Oman’s exports have grown by over 50% between 2021 and 2022, according to the Omani government. A 55.9% increase in exports was recorded between January 2021 and 2002, according to the National Centre for Statistics and Information.