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10 July 11:19 AM
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GCC’s project awards drop 20% YoY in Q2-24 – Report

Mubasher: The GCC saw a notable decline in project awards during the second quarter (Q2) of 2024, with total awards dropping by 19.70% year-on-year (YoY) to $51.70 billion from $64.30 billion in the same period last year. This downturn was …
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NOW Money, Mastercard partner to foster payment in GCC
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Saudi Arabia, UAE make 82% of GCC’s oil exports to Japan in May 2024
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EMX introduces EMX International to facilitate e-commerce delivery in GCC
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NBK seals 5-year deal to deploy Super iPaaS solution in Middle East
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Saudi Arabia ranks 3rd in EMEA 5G download speeds – Opensignal
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GCC’s project awards drop 20% YoY in Q2-24 – Report Global Economy
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NOW Money, Mastercard partner to foster payment in GCC Global Economy
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Saudi Arabia, UAE make 82% of GCC’s oil exports to Japan in May 2024 Macroeconomics
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EMX introduces EMX International to facilitate e-commerce delivery in GCC Global Economy
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NBK seals 5-year deal to deploy Super iPaaS solution in Middle East Banking and Finance
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Saudi Arabia ranks 3rd in EMEA 5G download speeds – Opensignal Sector Reports
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GFH Partners launches new fund to expand in US Companies Investments
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Riyadh ranks among world’s top 15 fastest-growing cities by 2033 – Report Global Economy
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BinDawood, Regional Group ink MoU to open 8 branches in Qatar Global Economy
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Radius Group, Knight Frank MENA to launch 1st UAE project Global Economy
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GTN expands commodities offering for digital investing in physical gold and silver
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Islamic Finance
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ADIB provides AED 5.5bn sustainable finance in 2023 Banking and Finance
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Arada Developments lists $400m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
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Saudi sukuk, debt market hits 18.3% of GDP in 2023 – Report Macroeconomics
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Nasdaq Dubai lists 1st sustainability sukuk from Emirates Islamic Banking and Finance
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Saudi Arabia’s National Debt Management Center closes $5bn sukuk issuance Banking and Finance
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Arab Markets
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Elm inks agreement with Saudi Ministry of Interior, Data & AI Authority Companies Investments
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Dubai Chambers, VFS Global sign MoU to improve access to global markets Macroeconomics
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Egypt ratifies $200m energy agreements with local, int’l companies Macroeconomics
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GCC’s project awards drop 20% YoY in Q2-24 – Report Sector Reports
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EGX closes Tuesday in green zone Trading Activities
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Tadawul shows mixed performance on Tuesday Trading Activities
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Ayyan Investment obtains shareholders’ nod for 25% capital hike Companies Investments
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MyAlice partners with AstroLabs to expand in Saudi Arabia Companies Investments
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DFM closes Tuesday down; ADX up Trading Activities
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International Markets
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