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Omani SMEs’ access to financing options in banks reviewed

OmanBy Amgad Abouzeid4. November 2024

The Authority for Small and Medium Enterprise Development (ASMED) held a dialogue session on Sunday to improve the access of small and medium enterprises (SMEs) to commercial bank financing. This would enable SMEs to grow and increase their contribution to gross domestic product (GDP). (03.11.2024, Times of Oman)

Bahrain issues 10,000 Golden Residency visas

BahrainBy Amgad Abouzeid4. November 2024

Bahrain’s Nationality, Passports and Residency Authority (NPRA) has issued more than 10,000 Golden Residence Permits to individuals from 99 countries. (04.11.2024, Arabian Business)

5G to Launch in Egypt: $675 Million in Licenses Awarded to Vodafone, Orange, and e&

EgyptBy Amgad Abouzeid2. November 2024

Minister Talaat emphasised that the introduction of 5G services would mean significant progress for Egypt’s digital infrastructure, with a positive impact on sectors such as healthcare, agriculture, logistics and the development of smart cities. (02.11.2024, Egyptian Streets)

Abu Dhabi’s secondary market is booming with nearly 4,000 units set for Q4 delivery

UAEBy Amgad Abouzeid30. October 2024

Abu Dhabi’s secondary market is expected to hand over a record number of flats in the last quarter of this year, according to Metropolitan Capital Real Estate (MCRE). (30 Oct 2024, Gulf News)

Abu Dhabi seeks billions in food investment to turn net exporter

UAEBy Amgad Abouzeid21. October 2024

Abu Dhabi is looking to attract billions of dollars of investment from agri-food companies as disruption to supply chains around the world fuels drive for greater self-sufficiency. (21.10.2024, Gulf News)

Saudi Arabia, China forge tourism partnerships to boost investment, travel

Saudi ArabiaBy Amgad Abouzeid20. October 2024

Ahmed Al-Khateeb, the Kingdom’s Minister of Tourism, met with representatives of the Chinese Chamber of Tourism to promote cooperation and strengthen bilateral relations in the travel sector. (20.10.2024, Arab News)

Oman’s booming mining sector attracts foreign and local investments

OmanBy Amgad Abouzeid19. October 2024

Oman’s mining sector has seen numerous improvements and amendments to regulations and laws governing investment and work in mining areas in recent years, encouraging foreign and domestic investment in this important sector. (19.10.2024, Times of Oman)

Bright outlook for Qatar’s non-energy sector

QatarBy Amgad Abouzeid18. October 2024

The government is promoting growth in areas such as tourism, healthcare, education and technology in order to create new economic opportunities. The country is also investing in renewable energy sources such as solar and wind power to diversify its energy mix and reduce its environmental footprint. (18.10.2024, The Peninsula)

Morocco Eyes Shipbuilding as Key to Economic Sovereignty

MoroccoBy Amgad Abouzeid16. October 2024

Morocco has the potential to carve out a significant niche in the global shipbuilding market, but this potential remains largely untapped. (16.10.2024, Morocco World News)

Egypt Launches Investment Fund for Nile Basin Countries

EgyptBy Amgad Abouzeid15. October 2024

The main objective of the fund is to support infrastructure and development projects in the countries of the Nile Basin, including Uganda, Sudan and others. (15.10.2024, Egyptian Streets)

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