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The Latest Breaking News from MENA

The EU’s outsourced migration control is violent, expensive and ineffective

The EU’s approach to managing migration flows depends heavily on outsourcing border control to non member countries, particularly in the Middle East and North Africa (MENA) region. Many far-right politicians enthusiastically back this policy: 19 nations recently signed a letter calling to go “beyond the EU’s migration pact” and further…

The Conversation

Egyptian Thriller 'Flight 404' Gains International Acclaim And Success.

'Flight 404,' an Egyptian thriller starring Mona Zaki, gains international acclaim as it captivates audiences in the MENA region and beyond.

Top News

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Binance Re-Examines MENA Strategy, Withdraws Abu Dhabi License Application

Binance filed the application for an operating license with Abu Dhabi Global Market last November. The exchange withdrew it on Nov. 7.

International Business Times

'Today is the end of Steam': Argentina and Turkey floored by new Steam price hikes as high as 2900%

Steam's new pricing policy for Latin America and the MENA region came in yesterday.

PC Gamer

Outrage at Israel’s US, European allies grows after Gaza hospital blast

Widespread protests across the Arab world may signal growing disillusionment with the US and other Israeli allies.

Al Jazeera

Map: Which MENA countries have diplomatic ties with Israel?

Following the signing of the Abraham Accords in 2020, five Arab states in total have diplomatic ties with Israel.

Al Jazeera

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World Bank: MENA Region Faces Unprecedented Water Scarcity

The Middle East and North Africa (MENA) region is going to face unprecedented water scarcity in the future, warned the World Bank. In a report, titled "The Economics of Water Scarcity in the Middle East and North Africa Region – Institutional Solutions," it indicated that by 2030, the water available…

Asharq Al-Awsat

My Comment on OMB's Proposed New "MENA" Racial Classification

I submitted this comment to OMB. I am the author of the recent book, Classified: The Untold Story of Racial Classification in America (Bombardier Books 2022). This comment is in opposition to the proposal to create a new MENA racial classification. The most obvious problem is that "Middle East and…

Reason

IMF Warns: MENA Region Faces 4 Challenges

Growth of the real GDP in the Middle East and North Africa (MENA) region is projected to slow this year to 3.1 percent from 5.3 percent in the previous year, announced Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour. Azour added…

Asharq Al-Awsat

Heat deaths in some regions could rise 60-fold by end of century, study warns

Researchers found more than 80% of these deaths can be prevented if the global average temperature is kept to 2C above preindustrial levels

Wales Online

UAE Initiative on Sustainable Agricultural Practices Launched

An initiative on sustainable agricultural practices was launched in the UAE on Monday, following the success of the inaugural edition of the Greenhouse Accelerator Program. The initiative is a partnership between the UAE Ministry of Climate Change and Environment (MOCCAE) and Food Tech Valley and PepsiCo. As part of the…

Asharq Al-Awsat

World Bank: Gulf Economies Are Becoming More Open

Middle East and North Africa (MENA) countries should follow the lead of Saudi Arabia, the United Arab Emirates, and the Gulf states in economic reforms, said World Bank Vice President for Middle East and North Africa Ferid Belhaj. Belhaj explained that Gulf countries worked on deep and structural reforms by…

Asharq Al-Awsat

Saudi-US Partnership to Build Vertical Farms in MENA Region

The Saudi Public Investment Fund (PIF) announced a joint venture agreement with AeroFarms, a US-based commercial market leader in vertical farming, to establish a company in Riyadh to build and operate indoor vertical farms in Saudi Arabia and the Middle East and North Africa (MENA) region. The agreement seeks to…

Asharq Al-Awsat

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Asharq Al-Awsat

Saudi TAQA Completes Acquiring 100% of Mansoori Petroleum Services

The Industrialization and Energy Service Company (TAQA) announced the closure of its 100 percent acquisition of al-Mansoori Petroleum Services, expanding TAQA Well Solutions business internationally. The acquisition is funded by a capital increase led by TAQA's existing significant shareholders. The investment brings to TAQA a long-established, well-diversified MENA-based business with…

Al Jazeera

US Census could get MENA category after new recommendations

US government panel recommends adding box on Census to count people from the Middle East and North Africa region.

Asharq Al-Awsat

Saudi Arabia Aims to Attract Huge Investments in Virtual World

Saudi Arabia is seeking to attract substantial global investments in advanced technologies, especially in NEOM. A recent study indicated that the metaverse was the next generation of the internet, potentially heralding a new virtual, interconnected reality seamlessly woven into the world. The paper, "Creating a New Reality: The Metaverse in…

Asharq Al-Awsat

Americana Plans Selling 30% of its Share Capital in Saudi Arabia, Abu Dhabi Markets

Americana Restaurant International, the largest quick service restaurant operator in the MENA region, announced Wednesday its plans to sell 30 percent of its share capital in an initial public offering (IPO) and dual-list on stock markets in Saudi Arabia and Abu Dhabi. Adeptio Investments AD Ltd., the selling shareholder, intends…

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Asharq Al-Awsat

FIFM Announces Films Partaking in 19th Editions

The Marrakech International Film Festival committee has unveiled the list of films partaking in the official contest of its 19th edition scheduled between November 11 and 19. The films represent 14 countries including four in Europe (France, Portugal, Switzerland, and Sweden), two from Latin America (Brazil and Mexico), four from…

Asharq Al-Awsat

SRMG, Warner Bros. Discovery Partner to Launch 'Asharq Discovery'

The Saudi Research and Media Group (SRMG), the MENA region's largest media group, entered into a long-term partnership with Warner Bros.

Asharq Al-Awsat

ADNOC, TAQA Conclude $3.8b Deal on Clean Energy, Decarbonization

Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) revealed concluding a $3.8 billion strategic project to power and decarbonize ADNOC's offshore production operations. Together with a consortium comprised of Korea Electric Power (KEPCO), Kyushu Electric Power Company (Kyuden) and Électricité de France (EDF) (the…

Asharq Al-Awsat

MENA Attractions & Destinations Forum Set to Highlight Key Destinations

The two-day MENA Attractions & Destinations Forum 2022 is scheduled to be held on September 28 in Dubai to explore upcoming cultural and leisure projects, and ways to drive growth for the tourism sector, Emirates News Agency (WAM) reported Saturday. “The interactive forum will host over 300 international and regional…

Asharq Al-Awsat

Saudi Aramco, Cognite Join Forces in New Data Venture

Saudi Aramco and Cognite have launched CNTXT, a joint venture based in Riyadh to support industrial digitalization of the Kingdom and the wider MENA region. CNTXT will provide digital transformation services enabled by advanced cloud solutions and leading industrial software.

Asharq Al-Awsat

SRMG Partakes in Cannes Lions International Festival of Creativity

The Saudi Research and Media Group (SRMG), one of the largest global media groups in the Middle East, said it is partaking in the Cannes Lions International Festival of Creativity for the first time, showcasing the best and brightest MENA media creators. Now in its 68th edition, the Cannes Lions…

Asharq Al-Awsat

Saudi PIF Buys 23.97% Stake in Capital Bank Group

Saudi Arabia's sovereign wealth fund, the Public Investment Fund, said on Sunday it will buy a 23.97% stake in Capital Bank Group, one of the largest banking groups in Jordan, Iraq and the Middle East and North Africa (MENA) region. PIF will pay $185 million for the stake, by buying…

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