Mena

Energy, Oil & Gas

Mena economies face new pressure as oil prices drop

Wed, 22 Oct 2025

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.

Finance & Capital Market

MENA growth seen at 3.2%, stronger than earlier forecast: IMF

Tue, 21 Oct 2025

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.

Travel, Tourism & Hospitality

FIBO Arabia's inaugural event attracts 12,399 visitors

Mon, 20 Oct 2025

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.

Energy, Oil & Gas

Reforms cushion Mena ratings amid conflicts, oil price dip

Sun, 19 Oct 2025

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.

Retail & Wholesale

Self-service solution Deliverect Kiosk launched in MENA

Tue, 06 Jan 2026

Deliverect, a global ecosystem of on and off-premise solutions that empowers restaurants and retailers to sell anywhere and deliver everywhere, has launched Deliverect Kiosk in the MENA region.

Construction & Real Estate

EY launches Studio+ in Mena to boost AI-powered customer-first transformation

Tue, 27 Jan 2026

EY launched Studio+ in Mena at its regional headquarters in King Abdullah Financial District (KAFD), Riyadh. A globally integrated offering, it brings together over 200 regional specialists in design, sales and customer experience, with direct access to a global network of over 7,000 professionals.

Energy, Oil & Gas

Renewable capacity in Mena surges with 15GW added in 2025: report

Mon, 19 Jan 2026

The MENA region has entered an exponential renewable energy growth phase with installed capacity rising from 14GW in 2020 to 30GW in 2024, then surging in 2025 with nearly 15GW added in one year, says Dii Desert Energy's MENA Energy Outlook 2026 report.

Energy, Oil & Gas

Masdar, Elite Agro to launch Mena’s first agricultural solar project

Thu, 15 Jan 2026

Abu Dhabi energy company– Masdar is partnering with Elite Agro Holding, an expert in food and agriculture production and development, to launch the first agricultural photovoltaic (AgriPV) project in the Mena region.

Travel, Tourism & Hospitality

flyadeal tops Mena low-cost airline punctuality in 2025

Wed, 14 Jan 2026

flyadeal, Saudi Arabia’s fast-growing low-cost airline, scored an unprecedented 12 months of consistent operational punctuality topping the 2025 On-Time Performance (OTP) charts among low-cost carriers in the Middle East and North Africa.