Despite UK job market’s cooldown, starting wages go up 6.5% in May 2024
Increased salaries have not yet translated into an economic feel-good factor due to double-digit inflation, further diminishing UK PM Rishi Sunak's dismal chances in the
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Go Green with GBO: What makes blockchain, NFTs, & Web3 unsustainable
Mining blockchain using solar energy and other renewable energy sources is one way to make it more sustainable
World Bank greenlights USD 700 million financing package for Egypt
In March, the World Bank Group announced a three-year $6 billion programme to support Egypt
Three new IPOs add USD 21.3 billion to UAE’s stock market capitalisation
As a result of the new listings and IPOs, the market became more liquid, and more appealing as an investment destination
Saudi Arabia poised to become world’s largest construction market
Riyadh has emerged as a key focus area as Saudi Arabia prepares to host the World Expo in 2030, and potentially the World Cup in
MENA Watch: Ooredoo-NVIDIA partnership to drive region’s AI revolution
Ooredoo declined to comment on the specific Nvidia technology it planned to put in its data centres, citing availability and client demand as factors
UAE Central Bank revises inflation forecast downwards for 2024
The non-tradable portion of the consumer basket is expected to be the primary driver of inflation, which is predicted to average 2.3% again in 2025
Egypt temporarily extends daily power outages to three hours
Officials in Egypt have attributed power cuts to the growing demand from a population of 106 million and ongoing development projects
Rising threats target cloud apps
The report suggests that cloud apps are increasingly being exploited in malware attacks, with telecommunications companies being particularly vulnerable
Saudi Vision 2040: Biotech, AI and sports emerge Kingdom’s new interest areas
Crown Prince Mohammed bin Salman launched a plan to raise health standards in Saudi Arabia, promote food and water security, and develop domestic businesses to