Motleq Mounir
Business Gulf Acquisitions, Mergers Grow by 39 Percent

Gulf Acquisitions, Mergers Grow by 39 Percent

The number of merger and acquisition deals (M&As) in the Gulf Cooperation Council (GCC) grew 39 percent year-on-year during the first quarter of 2019,…

Motleq Mounir (London)
Business Gulf Companies Record $69 Bn Profit in 2018- Report

Gulf Companies Record $69 Bn Profit in 2018- Report

The total profit of Gulf Cooperation Countries (GCC) listed companies rose 3.5 percent in fiscal year (FY) 2018 to reach $69 billion, compared to $66.3 billion…

Motleq Mounir (London)
Business UAE, Saudi Arabia to Drive Economic Growth in 2019

UAE, Saudi Arabia to Drive Economic Growth in 2019

The GCC is expected to post economic growth of 2.3% in 2019, a marginal improvement on the previous year of 0.3 percentage points, according to ICAEW’s latest…

Motleq Mounir (London)
Business Arab Monetary Fund Expects Countries of Region to See 3.1% Growth in 2019

Arab Monetary Fund Expects Countries of Region to See 3.1% Growth in 2019

Arab economies are expected to grow by 3.1 percent in 2019 and 3.4 percent in 2020, the Arab Monetary Fund (AMF) said in its April edition of the Arab Economic…

Motleq Mounir (London)
Business Saudi Arabia, UAE Lead 5G Networks in Middle East

Saudi Arabia, UAE Lead 5G Networks in Middle East

The fifth generation (5G) is expected to reach 30 million subscriptions for enhanced mobile broadband in the Middle East and Africa (MEA) by the end of 2024,…

Motleq Mounir (London)
Business UAE: CEOs Upbeat Despite Global Instability

UAE: CEOs Upbeat Despite Global Instability

CEOs in the UAE continue to be upbeat results showed in the latest issuance of Oxford Business Group (OBG). Despite challenges caused by growing global…

Motleq Mounir (London)
Business Gulf Economic Growth to Reach 2.3% in 2019

Gulf Economic Growth to Reach 2.3% in 2019

A report by the National Bank of Kuwait expected the GCC countries to reach a 2.3 percent growth in 2019 and 2.6 percent in 2020. Non-oil growth is…

Motleq Mounir (London)
Business Saudi Stock Exchange Starts 2019 up After Growing 8% in 2018

Saudi Stock Exchange Starts 2019 up After Growing 8% in 2018

The Saudi stock market made strong gains in its last trading session, mostly backed by boosts for SABIC and Al Rajhi Capital Company stocks. The general market…

Motleq Mounir (London)