Bahrain Ranks 1st Globally as the “Best Destination for Getting Started Abroad” in 2023


The Kingdom of Bahrain has cemented its business-friendly reputation, ranking 1st globally as the ‘Best Destination for Getting Started Abroad’ in 2023, according to the Expat Essentials Index published by InterNations. The milestone ranking of first in the overall index, which places Bahrain firmly ahead of leading countries including the United Arab Emirates (UAE), Singapore, Saudi […]

Algeria: Green hydrogen production, the national strategy under discussion


The government’s roadmap for the development of the hydrogen sector in Algeria will be unveiled with a view to providing “national and international stakeholders with the necessary visibility as regards the policies, regulations and incentive measures that will be adopted by the public authorities for the deployment of the hydrogen sector in our country”. Link:

Project Qatar to promote industrial manufacturing sector


Held under the patronage of the Prime Minister and Minister of Foreign Affairs H E Sheikh Mohammed bin Abdulrahman Al Thani from May 29 to June 1 in DECC, Project Qatar 2023 will be putting special emphasis on promoting Qatar’s industrial manufacturing sector to a large global audience. The 19th edition of the flagship event will […]

World Bank Agrees $7 Bln, 5-Year Partnership with Egypt


The World Bank said on Wednesday it had approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs, provision of better health and education services, and adaptation to climate change.  The Country Partnership Agreement (CPF) will entail $1 billion per year from the International Bank for […]

Round Table on Internationalisation in Arab Countries: JIACC and Finage to support Italian companies

JIACC partnered with Finage Group for a roundtable on Internationalization in Arab Countries. The event witnessed a large attendance and marked the first step in a series of exclusive meetings designed for a select number of business representatives and professionals. The Roundtable focused on the imminent relaunching of the Simest Fund 394/81 and offered an […]

Bank ABC arranges landmark $600mln Sukuk Issuance for ALC


Bank ABC, one of Mena’s leading international banks, has acted as the Sole Arranger, Structurer and Joint Lead Manager (JLM) and Bookrunner for a $600 million 5-year Sukuk Issuance by Air Lease Corporation (ALC). This issuance marks not only the debut Sukuk from ALC but also the first sukuk issuance by a corporate from North […]

Egypt, Italy leads in the digitisation of museum and cultural sectors


Thanks to the activities of the Embassy in Cairo and the success of the Virtual Museum on Cultural Heritage, supported by the Ministry of Foreign Affairs and International Cooperation, promoted by the Ministry of Culture and directed by Sergio Iovino, Italy has taken the lead in the digitisation of the museum and cultural sector in […]

Tunisia: Green Economy, UfM launches call for applications to finance projects in 7 Mediterranean countries


The Union for the Mediterranean (UfM) launched a call for applications to finance projects aimed at promoting employment and entrepreneurship in the green economy sector. The aim is to support the environmental transition of the economies of 7 Mediterranean countries, including Tunisia. According to information published Thursday by the UfM, this call for applications is […]

Wind Power Can Help Morocco Meet 2030 Green Energy Targets


A report released by the Global Wind Energy Council (GWEC) has highlighted Morocco’s shift towards prioritizing renewable energy, projecting that the country plans to have 5 GW of installed renewable wind energy installed by 2030. Despite the country’s “aggressive renewable energy targets,” the report argued, Morocco still largely relies on the international energy market, importing 90% of […]

Egyptian economy grows by 3.9% in 2Q 2022/23


Minister of Planning and Economic Development Hala El-Said has presented performance indicators of the Egyptian economy during the second quarter (2Q) of the current fiscal year (FY) 2022/2023, as well as the first half of the same year. During a cabinet meeting, chaired by Prime Minister Mostafa Madbouly, El-Said stated that Egyptian economy continued to […]

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