Economy bulletins

Africa FDI inflows reach $39.8 billion in 2020

Africa FDI inflows reach $39.8 billion in 2020

Annual Investment Meeting raises anticipation for the rapid increase of investment flows to the African continent through AIM AFRICA. H.E Nana Addo Dankwa Akufo-Addo, President of the Republic of Ghana to speak at AIM AFRICA on the 29th of June. The African continent recorded $39.8 billion FDI inflows in 2020, with Egypt receiving $5.9 billion

Organon Lebanon Launches and Contributes to the Revival of the Health and Economic Sectors

Full commitment to understanding the medical needs of Lebanese women and provide the best solutions tailored for them Lebanon, 2021 –Organon (NYSE: OGN), the only global company of its size focused on women’s health, chose to come to Lebanon during a time of crisis to support in reviving the health and economic sectors in Lebanon

First GCC member of Family Business Network International Board

Dubai, UAE; May 26, 2021: The Family Business Council Gulf (“FBCG”) today announces the appointment of its Chairman, Omar Alghanim, as a new board director at the Family Business Network International (“FBN”). The appointment marks the first time a GCC representative has been elected to the international board of FBN, the global affiliate of FBCG.

Gartner Survey Reveals Most CEOs Anticipate an Economic Boom Rather Than Stagnation Over the Next Two Years

Over a Quarter of CEOs Anticipate Returning to or Exceeding 2019 Revenue Levels in 2021 Dubai, UAE., May 16, 2021 — More CEOs anticipate an economic boom (60%) than stagnation (40%) in 2021 and 2022, according to a recent survey of CEOs and senior executives by Gartner, Inc. Most respondents (35%) anticipate returning to or exceeding 2019

The KIP Index – first Arab MENA indigenous measure of recruitment, retention and promotion of women in formal economy released by CIBL for Women

KIP Index: Women in Arab MENA region want to work and may have some chances at getting recruited, but are neither retained nor promoted to the same degree Representation of women in leadership positions in Arab MENA workplaces very low, KIP Index shows KIP Index and Lived Experience Index track local employer policies and practices,

UAE Ministry of Economy’s Virtual Media Briefing on the UAE Federal Companies Law

DUBAI, 9th December, 2020 — The Ministry of Economy organised a virtual media briefing Wednesday on Decree-Law No. 26 of 2020 that amended some provisions of Federal Law No. 2 of 2015 on commercial companies. The session was attended by Abdullah bin Touq Al Marri, Cabinet Member and Minister of Economy; Dr. Ahmad Belhoul Al

DIFC FinTech Hive continues to lead the innovation agenda in financial services through its latest digital cohort

17 successful start-ups from the fourth cohort of DIFC FinTech Hive accelerator programme have been chosen to showcase this year’s most innovative technologies to potential investors and industry executives on 30 November 2020 Total number of applications for the UAE’s first and largest financial technology programme to date exceed 1,400 with more than 100 start-ups

Dubai International Financial Centre’s Innovation Hub to support Dubai’s Future Economic Growth

DIFC Innovation Hub is a signature initiative for the Dubai Future District announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum in January 2020 First and largest environment in the region dedicated to bringing the startup community together that is shaping the  ‘future of finance’ and ‘future economies in the UAE Over 250 growth

Dubai International Financial Centre becomes region’s first fully accredited member of Global Privacy Assembly

Accreditation reflects DIFC’s commitment to keeping Dubai and DIFC at the forefront of privacy legislation, applying international  best practice Dubai, UAE, 13th October 2020: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has announced that the Centre is now a fully accredited member