Trading value across Arab capital markets hit $825 billion during the first nine months, up 18% year-on-year, while their combined market capitalisation stood at $4.3 trillion at the end of September, reflecting continued market activity and resilience amid regional volatility this year, said an industry expert.
The rising visitor numbers from Arab countries could help accelerate the development of the wellness, medical tourism and luxury hospitality sectors of the South Indian state of Kerala, said a senior state minister ahead of the Indo Arab Connect 2026 tourism summit in Kochi.
Arab countries secured 146 foreign maritime transport projects worth nearly $4 billion over the past 23 years, with five countries - Egypt, UAE, Oman, Saudi Arabia and Mauritania - accounting for 114 projects, according to a report by Arab Investment and Export Credit Guarantee Corp (Dhaman).
Arab economies are expected to record a growth of 3.7 percent in the coming period, driven by increased oil production and the continued recovery of non-oil sectors, said Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
The Council of Arab Ministers of Housing and Reconstruction held a key meeting at its Egypt headquarters to discuss the latest developments and challenges facing the housing sector. The meeting mainly focused on the rehabilitation of cities affected by conflicts and natural disasters in Arab countries, said a report.
