Forbes Middle East – a vital source for the region’s latest business and financial news and analysis, with a focus on investing, technology, entrepreneurship, leadership and lifestyle.

Forbes Middle East – a vital source for the region’s latest business and financial news and analysis, with a focus on investing, technology, entrepreneurship, leadership and lifestyle.

2 days ago · Saudi Arabia has attracted $14.9 billion in tech investments on the opening day of the LEAP 2025 conference in Riyadh, reinforcing its position as a regional hub for digital innovation, the Ministry of Communications and Information Technology announced Sunday.

The last few months have been tough for listed businesses in the Middle East, with many experiencing a sharp drop in market value due to the coronavirus effect on stock markets worldwide. However, by end-Q1 2020, that hadn’t seemed to have dampened things for listed companies in the Middle East ...

Economic uncertainty has cast a shadow over MENA companies in recent years, with the top 100 listed companies seeing a marginal 5.1% decrease in their sales from $1.1 trillion in 2022 to $1 trillion in 2023. Their net profits also dropped by 13.5% to $240.2 billion, and their aggregate market value decreased marginally by 4.4% to $3.6 trillion as of April 2024.

Forbes Middle East – a vital source for the region’s latest business and financial news and analysis, with a focus on investing, technology, entrepreneurship, leadership and lifestyle.

1 day ago · The International Monetary Fund has committed about $33 billion in funding to the Middle East and North Africa region, IMF Managing Director Kristalina Georgieva said at the World Governments Summit.

18 hours ago · PureHealth reported a 78% year-on-year increase in net profit to $467.2 million (AED 1.7 billion) in 2024.

US-based software giant Salesforce has unveiled a $500 million investment to drive economic growth in Saudi Arabia and accelerate innovation in the country's artificial intelligence (AI) sector, a company statement showed on Tuesday

Forbes’ World’s Billionaires 2021 ranking features 25 billionaires from across the globe that reside in the Middle East. Of these, 11 are living in the UAE, making it the Middle Eastern country with the highest number of billionaires.