Technip Energies and National Petroleum Construction Company, NPCC, a subsidiary of National Marine Dredging company, have signed an MoU to advance energy transition in the UAE and countries in the MENA region.
The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral development bank, unveiled its new ESG policy framework to support energy transition in its member countries and beyond.
Bloovo, the recruitment technology company specializing in the provision of AI-powered talent acquisition solutions has expanded to Egypt and the US markets with its wide portfolio of solutions and products
Saxo Bank, the online trading and investment specialist that connects people to investment opportunities in global capital markets, has appointed Damian Hitchen as new CEO of the MENA region. He will report directly to Chief Sales Officer Stig Christensen.
Vertiv, a global provider of critical digital infrastructure and continuity solutions, announced a distribution agreement with Ingram Micro, the global technology and supply chain services leader, to cover the MENA distribution markets.
The project will be the largest solar-plus-storage plant located at a mine site, significantly facilitating the energy transition for minerals in the MENA region.
The Arab Banking Corporation (Bank ABC), announced the completion of its acquisition of a 99.5% stake in BLOM Bank Egypt, significantly enhancing Bank ABC’s presence in the MENA region, and deepening its roots in the Egyptian market.
Saloodo! announced the launch of BeduConnect, a road freight service between Middle East and Africa. Saloodo! is the first digital marketplace to offer road freight connection between the Arabian Peninsula and North Africa.
Omnisient, a secure data exchange and collaboration platform which enables companies to improve data-driven decision-making, has secured $1.4 million in a pre-Series A round.
Octagon, the marketing, creative and talent management agency in global sports and entertainment, in partnership with IPG's Middle East Communications Network, named Sebastian Smith as Regional General Manager, Octagon Middle East and North Africa.
UK-based, MENA focused, startup BASMA.com closed $3 million Series A funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital, to scale up its healthtech platform in the MENA region.
Saad will lead the next phase of growth for Uber’s ride-sharing business across the region, bringing 15 years of strategy & marketing experience from the U.S., Singapore and Pakistan.
Siemens Energy, partners inaugurate first industrial scale Green Hydrogen Project in the MENA region
Siemens Energy, in collaboration with Dubai Electricity and Water Authority (DEWA), and Expo 2020 Dubai, has inaugurated the first industrial scale, solar-driven green hydrogen facility in the Middle East and North Africa (MENA), region.
ADM Energy PLC has announced that it has completed the sale of 188,778 shares in Superdielectrics Ltd for a total consideration of £849,501, a profit of £656,003.55 on ADM's original investment.
Women in the MENA region have long found it difficult to balance the demands of home, family, and work a major reason why only a quarter of Egyptian women work outside the home.
The current collaboration follows a Memorandum of Understanding signed recently by Nokia and UN Women, the United Nations entity for gender equality and women’s empowerment, which will guide the global partnership.
Hikma Pharmaceutical and Melinta Therapeutics entered into an exclusive licensing agreement for Vabomere® (meropenem and vaborbactam) and Orbactiv® (oritavancin), two novel anti-infective injectable products, for the MENA region.
The Arab Petroleum Investments Corporation (APICORP), estimates in its MENA Energy Investment Outlook 2021-2025, that overall planned and committed investments in the MENA region will exceed $805 billion over the next five years.
SDX Energy, the MENA-focused energy company, announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year.
Tap to Phone aims to make traditional expensive location centric devices like physical POS devices and terminals, obsolete.
Al Tamimi & Company will provide critical guidance to companies navigating complex cross-border transactions in the maritime, shipping and customs sectors.
S&P Dow Jones Indices, world's index provider, announced the inaugural publication of the S&P Indices Versus Active Funds (SPIVA®) Scorecard, measuring the performance of equity funds domiciled in the Middle East and North Africa (MENA).
MENA economies face rapid accumulation of public debt, strong institutions will be key to recovery, World Bank
The COVID-19 pandemic exacerbated long-standing development challenges in the Middle East and North Africa (MENA) region, contributing to a rise in poverty, a deterioration of public finances, an increase in debt vulnerabilities.
Wego, the online travel marketplace across the MENA region, announced the launch of ShopCash, an online shopping cashback and deal discovery app for Middle East consumers.
SDX Energy announced it has received final approval from the Egyptian authorities to extend the Production Services Agreements governing its producing Meseda and Rabul oil fields in its West Gharib concession in Egypt until 9 November 2031.
360VUZ, the immersive video mobile app was selected to join the first ever "Google for Startups Accelerator" in the MENA region, that is held by Google as part of its "Grow Stronger with Google Initiative"
Bahwan CyberTek and Lightbend partner to accelerate cloud native modernization in Middle East and North Africa
Bahwan CyberTek (BCT), a worldwide provider of digital transformation solutions,has announced the expansion of its global partnership with Lightbend, the creator of Akka Platform and leader in cloud native architecture.
Amsterdam and Los Angeles-based creative agency 180 announced a significant expansion and evolution of its business model, with the opening two new offices, 180 New York and 180 MENA (Middle East North Africa).
Zenith Energy announced it has entered into a cooperation agreement (CA) with Fleet Oil & Gas, a privately owned oil and gas company led by the former Egyptian Petroleum Minister, Eng. Mahmoud Latif Amer.
Asset management and investment banking platform Shuaa Capital has announced that its managed funds platform has invested in Anghami, a music streaming service in the Middle East and North Africa.
The U.S. International Development Finance Corporation (DFC) Chief Executive Officer and Prosper Africa Executive Chairman Adam Boehler announced a series of efforts to expand U.S. investment in Morocco.
Citi has appointed Elissar Farah Antonios as Head of the MENA Cluster. As MENA Cluster Head, Elissar will assume overall responsibility for driving Citi's business in the MENA region.
Codebase Technologies, the digital banking solutions provider, announced the launch of its Digital Banking as a Service platform, Digibanc SaaS, to create access for more banks and customers to move into the digital age of banking.
Vooora Ventures, the first sportstech Accelerator in MENA, powered by Kooora.com, the digital sports platform in the Arab World, signed an acceleration partnership agreement with Malaeb, a community app that connects people through sports.
Eutelsat’s survey confirms 7/8° West neighborhood as predominant broadcast position for Egyptian TV homes
Eutelsat Communications revealed the findings of a new Egyptian television market survey, confirming its 7/8° West hotspot as the most powerful neighborhood for satellite television for the country.
Eutelsat Communications has successfully launched Sat.tv, its enhanced Electronic Program Guide for FTA channels.
Middle East and North Africa (MENA) healthtech startup Vezeeta has expanded its footprint into Kenya by launching a platform that will enable Kenyans access doctors from their smart phones.
Elevar Therapeutics has entered into an agreement with taiba Middle East, under which taiba will commercialize and distribute Apealea in certain countries throughout the Middle East and North African (MENA) region.
In an attempt to diversify its debt portfolio, Egypt Finance Ministry is getting ready to issue the country's first sovereign green bonds in the Middle East and North Africa (MENA) region.
CTI Clinical Trial and Consulting Services (CTI) has announced the acquisition of Clinart, a full-service CRO with nearly 20 years of experience and strong local expertise in the (MENA) region.
Delivery Hero, Mastercard partnership targets 20 million MENA customers with digitized payment service
Delivery Hero SE, the world’s local delivery platform, has partnered with Mastercard to fully digitize its payment chain within its ecosystem across all their brands in the Middle East and North Africa (MENA).
The Women Entrepreneurs Finance Initiative (We-Fi) announced its third funding allocation comprising $49.3 million, expected to benefit over 15,000 women-led businesses.
CDC Group, the UK’s impact investor and development finance institution has established its permanent presence in Egypt with the appointment of Sherine Shohdy as its new Coverage Director.
The World Bank responded to dual economic shocks caused by the COVID-19 pandemic and the subsequent collapse in oil prices with strong lending, technical assistance and global expertise throughout the Middle East and North Africa.
COVID-19 will trigger a sharp drop in household incomes in Middle East and North African (MENA) countries that are fragile and in conflict situations, such as Afghanistan, Djibouti, Iraq, Lebanon, Sudan, and Somalia.
Vendekin Technologies and Marshal have entered into a partnership to expand the 'V-Commerce' ecosystem in Middle East and Africa.
Banks in the Middle East and Africa (MEA) are the strongest believers in a cashless society, according to a global retail banking survey released by Temenos , the banking software company.
IFC is investing up to $20 million into a newly independent, institutionalized private equity fund manager operating in MENA, to help small and mid-cap companies in the region improve their access to institutional capital and boost growth.
Vembu, a backup and disaster recovery solution vendor, has announced a partnership with MBUZZ technologies, a Value-Added Reseller in the Middle East, Africa, and Europe region.
IFC, a member of the World Bank Group, is launching its MENA Women Banking Champions program in Maghreb to help expand access to finance and boost financial inclusion for women entrepreneurs in Morocco, Tunisia, and Algeria.
Payfort has partnered with MENA’s Fintech innovation of the year, valU for installment sales services, to offer payment plans to a wide group of renowned ecommerce stores.
IFC is the lead arranger for an Islamic financing package of up to $125 million to Humania, a private healthcare company, to help expand health services and improve medical care in Morocco and Egypt.
IFC, a member of the World Bank Group, signed an agreement with Egypt’s largest microfinance organization Tanmeyah, to help increase its sustainability and boost its outreach to underserved groups across the country.
IFC and the government of the Netherlands launched a pioneering multi-sector program in Jordan and the Middle East and North Africa to help create a stronger private sector, unlock new markets, support entrepreneurship, and create jobs.
Leaving no place behind within the MENA is critical for economic growth, social inclusion, World Bank
Where someone is born in the Middle East and North Africa (MENA) should not determine their ability to succeed in life, according to a new World Bank report.
Jetex has announced the opening of its latest VIP Terminal at Marrakech Menara Airport, introducing a new world-class facility in the Moroccan market.
The World Bank in partnership with the Netherlands, the United Kingdom, Sweden, and Switzerland, is launching a new, expanded phase of an advisory program to help improve access to finance MSMEs across the MENA region.
The UNESCO Regional Office for Education in the Arab States and the United Nations World Food Programme have said that protracted crises in the MENA region have put 15 million children out of school.