Your source for the creme de la creme of business and investment intelligence on the Middle East and North Africa.

Sector Insight

Wearable tech may not readily suit MENA

Wearable technology has taken off globally, but Deloitte says the Middle East will likely come late to the game.

GCC residents adopt healthier lifestyle-survey

GCC residents are becoming more health conscious, according to a survey conducted by Zarca Interactive.

Mideast aviation policies limit growth

Broader open sky deals could increase Middle East intraregional passenger traffic by 30%, according to a World Bank report.

Egypt's United Bank to boost SME funding

United Bank plans to increase loans available to SMEs to EGP 1.5 billion, according to the chairman.

National Bank of Egypt eyes dollar-denominated bond sale in 2014

National Bank of Egypt plans to issue dollar-denominated bonds to raise up to USD 1 billion, the chairman said.

Insurance premiums in Mideast on the rise

Insurance premiums surpassed USD28 billion last year, according to reinsurance giant Swiss Re.

Gas shortage puts brake on several petchem projects in Egypt

Petrochemical projects have been hit by gas shortages, but Egypt is determined to move ahead with plans to develop the industry, the oil minister told Zawya.

Rotana sees no need for IPO in near future-official

Hospitality management firm Rotana is looking to expand in Africa and has no plans in the near future for an initial public offering, a senior official told Zawya.

Saudi banks to vie for mortgage market

Loan growth is stabilizing after two robust years for the economy, but mortgage lending could re-energise the Saudi banking sector.

MENA to attract USD96bn in foreign investment in 2014

Foreign investors are expected to inject USD 96 billion in the Middle East and North Africa this year, a 17% increase over 2013, despite continuing instability in some parts of the region.

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