Fitch Ratings has assigned ‘neutral’ outlook for Middle East and North Africa (MENA) sovereigns in 2026. The outlook balances fairly stable oil prices, solid economic growth and some fiscal reform against political and geopolitical risks, it said.
Based on its corporate travel data and booking trends, musafir.com reports that business travel spending in the Middle East rose nearly 20% in 2025, driven by increased MICE activity, major industry events, and cross-border leadership meetings, reinforcing the region’s growing role as a global hub for corporate engagement ahead of 2026.
Kaplan Middle East & North Africa (Mena), one of the region’s professional learning providers, has hosted two exclusive Sustainability & ESG Forums in Riyadh and Dubai respectively on October 28 and 29, 2025.
In response to the growing demand for diverse winter experiences, WINGIE, a travel marketplace in Mena, has curated a list of the top winter getaways designed to cater to every type of traveller.
Penspen, an engineering and energy services consultancy, has announced record performance in the Middle East & Africa (Mena), securing project management consultancy and engineering contracts worth more than $400 million so far this year.
The value of Mena’s hospitality market is set to grow from $310 billion in 2025 to more than $487 billion by 2032, according to data released ahead of the Future Hospitality Summit – FHS World, Madinat Jumeirah Dubai, October 27-29.
Oil prices have fallen to about $57 per barrel due to a growing imbalance of supply exceeding demand, despite Opec+ increasing production. This decline significantly impacts Mena economies, which heavily rely on oil revenues for their financial stability, according to Mohanad Yakout, Senior Markets Analyst, Scope Markets.
Economic activity in the MENA region and Pakistan has been stronger than expected, projecting a growth of 3.2% in 2025, up from 2.1% in 2024, and higher than its April forecast.
The inaugural edition of FIBO Arabia, the Mena region’s international exhibition for health, fitness, and wellness, concluded last week, welcoming 12,399 regional and international visitors to the three-day showcase, which took place at the Riyadh Front Exhibition & Conference Centre, Saudi Arabia.
Economic reforms and sound fiscal positions are offsetting the impact of regional conflicts and lower oil prices on the ratings of Middle East and North Africa (Mena) sovereigns, according to a new report by Fitch Ratings.
