Business and Markets News
Gulf States Lead the Arab World in Economic Freedom — What About the Rest?
Gulf economies dominate the Arab economic freedom landscape in 2026, with an average score of 66.9 compared with 59.9 globally. The UAE leads the region, while Morocco is the strongest performer outside the GCC. Tunisia and Algeria, meanwhile, remain among the region’s weakest performers, highlighting a wide gap in regulatory efficiency, investment freedom and private-sector development.
Business and Markets News
The Gulf Is Outpacing AI Data Centers in Gas Turbine Demand
Gulf demand for gas turbines has overtaken AI data centers as a share of Siemens Energy’s orders, with Middle Eastern customers accounting for around 30% of third-quarter orders versus 20% linked to AI data centers. The shift highlights a new reality: the AI race is increasingly becoming a race for reliable electricity.
Business and Markets News
Air Connectivity and Logistics: Algeria and Oman Explore New Horizons for Economic Integration
Algeria and Oman are exploring new opportunities for economic integration through stronger air connectivity, logistics, trade and investment. By combining Algeria’s access to Africa and the Mediterranean with Oman’s strategic position on routes to the Gulf and Asia, both countries could build a powerful new economic corridor.
Business and Markets News
Saudi Arabia and Morocco: A $500 Million Joint Investment Fund to Boost Industry
Saudi Arabia and Morocco announced a $500 million joint investment fund to support industrial projects in Morocco and strengthen business ties between the two economies. The initiative, announced in June 2014, was designed to mobilize capital, encourage joint ventures and deepen long-term economic cooperation.
Business and Markets News
Morocco’s Akdital Expands in Saudi Arabia with a Third Hospital
Morocco’s Akdital is accelerating its Saudi expansion with a third hospital project in Riyadh, backed by a $1.4 billion investment plan targeting 1,000 beds by 2030. Following its Jeddah agreement, the group’s Saudi portfolio has since grown to four projects.
Business and Markets News
Morocco’s Akdital Expands in Saudi Arabia with a Third Hospital
Morocco’s Akdital is accelerating its Saudi expansion with a third hospital project in Riyadh, backed by a $1.4 billion investment plan targeting 1,000 beds by 2030. Following its Jeddah agreement, the group’s Saudi portfolio has since grown to four projects.
Business and Markets News
Morocco and the UAE: From Political Alliance to a Geo-Economic Partnership Stretching from the Atlantic to the Gulf
Morocco and the UAE have transformed their longstanding political alliance into a comprehensive geo-economic partnership spanning investment, logistics, renewable energy and digital industries, creating a strategic bridge between Africa, Europe and the Gulf region.
Business and Markets News
Zain Leads the Future of Smart Calling with Kuwait’s First AI-Powered Real-Time Translation Trial
Zain Kuwait is opening a new chapter in telecommunications with an AI-powered real-time translation trial for voice calls, aiming to break language barriers and transform traditional calls into smarter, more interactive communication experiences.
Business and Markets News
Record-Breaking Performance in Tunisia: Dongfeng Box Leads EV Sales with 557 Units Sold in Seven Months
Tunisia's electric-vehicle market is accelerating in 2026, with the Dongfeng Box emerging as a leading model. According to the figures provided, 557 units were sold between January and July, following a sharp increase in overall EV demand. The model's competitive pricing, compact design, technology and urban range have helped position it at the forefront of Tunisia's rapidly developing electric-mobility market.
Business and Markets News
Algeria and Niger Enter a New Phase of Oil Partnership with Kafra Field Drilling
Algeria and Niger are entering a new phase of energy cooperation as Sonatrach advances drilling and exploration activities at the Kafra oil field in northern Niger. The project forms part of a broader partnership covering exploration, drilling, refining, petrochemicals and technology transfer, strengthening Algeria's energy footprint in the Sahel while supporting Niger's efforts to develop its hydrocarbon resources.
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