Energy demand in MENA is growing at more than three times the global average.
Egypt’s tourism sector is losing USD 255 million a month as foreigners shy away.
The USD 5 million research grant is shared by three entries from the UAE, Germany and Japan.
Islamic insurance has been gaining ground in Egypt as customers seek out sharia-compliant products.
UAE banks are facing heightened competition and tighter funding conditions.
Al Baraka Islamic is focusing on the housing sector in Bahrain, the CEO said.
Declining solar costs are driving the UAE's renewable energy plan.
Bahrain is looking for investors to develop agriculture projects in Sudan, a government official said.
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