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The Sustainable City: Yiti: A vision for Oman’s greener and flourishing future

OmanBy Amgad Abouzeid8. January 2025

A leading example of sustainable construction in Oman is The Sustainable City – Yiti in Muscat. Designed with the highest social, environmental and economic sustainability standards in mind, The Sustainable City – Yiti aims to become the region’s largest sustainable municipality and the world’s first net-zero emissions city by 2040. (08.01.2025, Times of Oman)

Bahrain’s non-oil sector fuels 2.1% economic growth

BahrainBy Amgad Abouzeid7. January 2025

According to the Ministry of Finance and National Economy, the non-oil sector grew by 3.9 per cent in this period, which corresponds to 86.4 per cent of real gross domestic product. (07/01/2024, Arab News)

Quality of Life: Morocco Ranks in Africa’s Top 3

MoroccoBy Amgad Abouzeid7. January 2025

Taking into account various factors such as living space, purchasing power, environmental pollution, safety, quality of healthcare, cost of living, commuting times and climatic conditions, the report assesses the well-being of citizens. (07.01.2025, Morocco World News)

Egypt Receives Initial €1 Billion EU Loan Installment to Bolster Economic Stability

EgyptBy Amgad Abouzeid7. January 2025

Egypt has received the first tranche of a financial package from the European Union totalling EUR 1 billion. The funds are intended to stabilise the country’s economy and at the same time cover the financing requirements for the 2024/2025 financial year. (07.01.2024, Egyptian Streets)

Saudi Arabia boosts desalinated water supply to 50% in Vision 2030 push

Saudi ArabiaBy Amgad Abouzeid5. January 2025

There were significant changes in Saudi Arabia’s water sector in 2023: Desalinated seawater production increased by 31 per cent and now accounts for 50 per cent of the country’s distributed water supply, up from 44 per cent in 2022 (05.01.2025, Arab News)

Transshipments through Hamad Port up 23% in 2024

QatarBy Amgad Abouzeid5. January 2025

Last year, MwaniQatar recorded a 23 per cent increase in throughput compared to 2023, underlining the growing importance and trust that Hamad Port, Qatar’s main gateway to world trade, enjoys among global shipping companies as a major transhipment hub in the region. (05.01.2025, The Peninsula)

Dubai real estate market sets all-time record in 2024

UAEBy Amgad Abouzeid3. January 2025

A record-breaking year for Dubai’s property market, with new milestones being set until 2024, culminated in an all-time high of 180,900 transactions worth AED 522.1 billion. (03.01.2025, The Peninsula)

Non-energy private sector growth strengthens in October

QatarBy Amgad Abouzeid6. November 2024

Demand for goods and services increased at a faster rate, leading to growth in overall activity and the largest increase in outstanding business in over two years. (06.11.2024, The Peninsula)

China to issue $2bn bonds in Saudi Arabia amid deepening bilateral ties

Saudi ArabiaBy Amgad Abouzeid5. November 2024

In recent years, both countries have sought to expand their economic cooperation and align strategic initiatives such as China’s Belt and Road Initiative with Saudi Arabia’s Vision 2030 plan. (05.11.2024, Arab News)

Morocco’s FDI Rises by 50.7% in First 9 Months of 2024

MoroccoBy Amgad Abouzeid5. November 2024

A remarkable project is the 294 million dollar factory for the production of electric batteries in Kenitra, the first of its kind in Morocco. (05.11.2024, Morocco World News)

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