Dubai Investments makes $258m profit from Emicool deal

Iran-Oman trade reaches a record $1.3b: Envoy

• Ali Najafi said that during the last Iranian year which ended on March 20, Iran’s exports to Oman were worth 716 million dollars
• Ambassador revealed that among Iran’s neighboring countries Oman ranks 6th in importing goods from Iran

Morocco: World Bank forecasts 1.1% growth in 2022, 4.3% in 2023

• "Growth in Morocco is projected to slow to 1.1 percent in 2022, as agricultural output declines by 17.3 percent due to the drought,” the WB said in its latest MENA Bulletin
• The economy is projected to be driven by a still solid but moderating industrial performance and a faster recovery of tourism, the WB added

Over 1m medical tourists visit Iran in a year

• Most patients come from neighboring countries including Iraq and Afghanistan, Head of the tourism office at Iran’s Ministry of Health Mohammad Reza Tarjoman said
• Tarjoman said there are 200 medical centers that have permission to accept foreign patients underlining that Iran is ranked 46 worldwide in the area of health tourism

Lebanon: War in Ukraine means price rises amid climate crisis

• There will be little to eat for many Lebanese when they break their fasts this Ramadan, but support from the WFP is delivering hope in the face of crushing price rises
• Working with the American University of Beirut, WFP is currently implementing a pilot project that is strengthening the adaptive abilities of rural communities

Tunisia tourism revenues climb 48% to $200m by April 10

• Cumulative labor income saw a 15.3-percent rise to TND1.9 billion ($633.71 million) on April 10
• This was against the TND1.6 billion ($533.42 million) on the same day in 2021

Dubai saw weeklong real-estate transactions worth $2.12bn

• The Land Department data showed the sale of 246 plots worth AED1.49 billion ($405.72 million) last week
• Meanwhile, 1,312 apartments and villas were sold for a total value of AED 2.96 billion ($805.99 million)

Masdar and Kyrgyzstan to explore renewable energy projects

• Masdar will explore the development of investment in a range of renewable energy projects, including ground-mounted solar photovoltaic (PV), floating solar PV and hydropower
• Kyrgyzstan is targeting reducing greenhouse gas emissions by as much as 44 percent by 2030, and achieving carbon neutrality by 2050

Saudi ports throughput tonnage rise by 7.18 percent during Q1

• The number of transshipment containers increased by 5.91 percent, with a total of 1.3 million TEUs.
• Saudi ports have recorded a fall in container throughput which declined by 1.27 percent with a total of 2.5 million containers.

KSA reports surge in digital payments in 2021, touching $34bn

• The share of payment transactions made using a mobile device in all NFC payments grew from 22 percent in 2020
• The number of payment transactions using a mobile device in 2021 exceeded 1.8 billion, with the value exceeding SR128 billion