Growing Waste Crisis in the Middle East and North Africa Costs US$7.2 billion a year, Threatens Growth and Tourism
you are currently viewing::Growing Waste Crisis in the Middle East and North Africa Costs US$7.2 billion a year, Threatens Growth and TourismJanuary 27, 2026--New World Bank report calls for more investment in better waste management and circular economy The region produces over 155 million tons of waste annually - a figure expected to double by 2050 if no action is taken. Rising waste generation is increasingly threatening public health, the environment, and the region's tourism industry. Source: worldbank.org |
March 9, 2026--Dubai's main share index dropped 3.8%
Most Gulf markets fell in early Monday trading, led by sharp losses in the UAE, as the U.S.-Israeli war with Iran continuedand oil prices jumped more than 15% on supply cuts and fears of prolonged Strait of Hormuz shipping disruptions.
March 5, 2026--Both the Dubai and Abu Dhabi exchanges said they will temporarily set a 5% lower price limit on securities
Most Gulf stock markets rose in early trading on Thursday, but UAE equities fell again, extending the prior session's losses after exchanges reopened on Wednesday following a two-day suspension prompted by Iran's weekend missile-and-drone barrage on the Emirates.
March 4, 2026--DFM and ADX reopen after 2 days
Both imposed -5% temporary limit
Tadawul All-Shares up 1.6% in morning
UAE equity markets tumbled on Wednesday as trading resumed for the first session since the US and Israel launched strikes against Iran, sparking a broader Middle East conflict.
March 3, 2026-- Bourse dives as global markets reel on Middle East tensions.
Qatar LNG production still halted
Doha bourse lowest since June 2025
Saudi market up as Aramco advances
February 18, 2026--Abu Dhabi's Mubadala Investment Company has given a substantial boost to its holdings in BlackRock's iShares Bitcoin Trust (IBIT) ETF with Tuesday's Q4 2025 SEC 13F filings revealing an ownership of 12.7 million shares valued at $630.6 million as of December 31.
February 18, 2026--Diversification has become harder since 2020 as stocks and bonds tend to move in tandem during sharp selloffs, adding to financial stability concerns
Spreading investments across asset classes can reduce risk and smooth returns. The classic diversification between stocks and bonds worked historically because they moved in opposite directions.
February 17, 2026--Summary
Kuwait has started the transition from an oil dependent welfare state towards a dynamic and diversified economy. Reform momentum has been building, starting with enactment of the Financing and Liquidity Law.
February 17, 2026--Summary
Kuwait has started the transition from an oil dependent welfare state towards a dynamic and diversified economy. Reform momentum has been building, starting with enactment of the Financing and Liquidity Law.
February 16, 2026--Qatar Investment Authority (QIA) has partnered with US asset manager Franklin Templeton to establish a new fund to boost liquidity in the Gulf state's emerging stock market.
Franklin Templeton Qatar Equity Fund will start with $200 million in capital, with QIA serving as the fund's anchor investor, contributing cash and stock. No specific details were given.
February 9, 2025-Over the first nine months of 2025 (January to September),Abu Dhabi's GDP grew by 5% year-on-year,while the non-oil economy expanded by 6.8% year-on-year