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  • Future Minerals Forum’s historic Ministerial Roundtable aims to promote responsible mining in MENA

    This year’s FMF – the second edition of the event – is expected to attract over 13,000 in-person and virtual delegates coming from 130 countries to hear from over 200 speakers. In a press conference, Khalid Al-Mudaifer, Saudi vice minister for mining affairs, said: “FMF 2023 will be even bigger and better than last year, which set a high bar for success. Reaction to last year’s event has been overwhelmingly positive, and we look forward to welcoming even more minerals and metals industry leaders this year.”

  • Domino’s reaches 600 stores in MENA and Pakistan with latest Dubai opening

    Global pizza company Domino’s has reached 600 stores in MENA and Pakistan. It was only in March 2022 thatthe pizza chain pushed past 500 stores in the region. The company’s growth has been primarily led by its master franchisee, Alamar Foods. Chiefs from both Domino’s global and Alamar Foods convened at store number 600, located in Dubai’s Mirdif area, to celebrate the milestone.

  • MENA’s 50 Most Funded Startups 2022

    Despite the global economic downturn, startups in MENA have continued to attract significant funding in 2022, with a total of $3.2 billion raised by the 50 most-funded startups, compared to $3 billion in 2021. Fintechs reign this year, with 21 companies attracting $1.3 billion in total funding, followed by 10 e-commerce players with $576.7 million, four delivery and mobility startups with $299.6 million, and three logistics firms with $292 million.

  • MENA’s 50 Most Funded Startups 2022

    Despite the global economic downturn, startups in MENA have continued to attract significant funding in 2022, with a total of $3.2 billion raised by the 50 most-funded startups, compared to $3 billion in 2021. Fintechs reign this year, with 21 companies attracting $1.3 billion in total funding, followed by 10 e-commerce players with $576.7 million, four delivery and mobility startups with $299.6 million, and three logistics firms with $292 million.

  • Saudi Arabia’s Construction Sector Remains the Strongest Across the MENA Region: JLL

    Saudi Arabia’s construction industry continues to lead the MENA region despite macroeconomic conditions impacting the sector globally, according to JLL’s Q4 2022 KSA Construction Market Intelligence Report. The Kingdom witnessed the highest value of project awards in 2022, demonstrating its commitment to driving economic diversification and transforming the country in line with its Vision 2030.

  • Saudi Arabia’s Construction Sector Remains the Strongest Across the MENA Region: JLL

    Saudi Arabia’s construction industry continues to lead the MENA region despite macroeconomic conditions impacting the sector globally, according to JLL’s Q4 2022 KSA Construction Market Intelligence Report. The Kingdom witnessed the highest value of project awards in 2022, demonstrating its commitment to driving economic diversification and transforming the country in line with its Vision 2030. Construction output growth in KSA is anticipated to rise by 3.2% in 2022, with a further annual average growth rate (AAGR) of 4% between 2023 to 2026 as indicated by Global Data.

  • PIF-owned Badeel, ACWA to develop MENA’s largest solar plant in KSA 

    Saudi utility firm ACWA Power has signed power purchase agreements with the Water and Electricity Holding Co. to develop the biggest solar plant of its kind in the Middle East, with capacity to power 350,000 homes. The 2,060 MW solar photovoltaic plant will be built in Al Shuaibah, Makkah province and is expected to begin commercial operations by the fourth quarter of 2025.

  • PIF-owned Badeel, ACWA to develop MENA’s largest solar plant in KSA 

    Saudi utility firm ACWA Power has signed power purchase agreements with the Water and Electricity Holding Co. to develop the biggest solar plant of its kind in the Middle East, with capacity to power 350,000 homes. The 2,060 MW solar photovoltaic plant will be built in Al Shuaibah, Makkah province and is expected to begin commercial operations by the fourth quarter of 2025.

  • Children in MENA face bullying more than anywhere in the world, study finds

    Children in the Middle East and North Africa (MENA) region experience bullying more than other parts of the world, according to a study carried out by Cartoon Network in partnership with YouGov as part of the network's annual Buddy Network campaign. More than half of parents polled in the UAE, Saudi Arabia, Turkiye and Egypt said their child experienced bullying, the majority of which occurred at school.

  • Saudi Arabia to Host MENA’s Largest Cybersecurity Event

    Saudi Arabia will host the international Black Hat event in mid-November, the largest cybersecurity event in the Middle East and North Africa region (MENA), bringing together the most important cybersecurity experts worldwide. The event is organized in cooperation between the Saudi Federation for Cybersecurity, Programming, and Drones (SAFCSP) and Informa Tech, in partnership with the General Entertainment Authority (GEA), as part of the Riyadh Season 2022 activities. The three-day event starts on Nov. 15 at the Riyadh Front Center.