RIYADH / WAM As governments in the Middle East and North Africa (MENA) are prioritising investments in the power sector, the region will need to invest $302 billion in the next five years to feed the rapidly rising demand for electricity, according to estimates by APICORP Energy Research for the period 2017-2021. ‘‘Of this, $179 billion will be needed …

  ABU DHABI / WAM The total value of margin trading facilities provided by brokerage companies operating at ADX and DFM amounted to AED 36.5 billion during the first quarter of 2017, an increase of 46 percent over the same period in 2016. According to official statistics, the margin trading accounted for 27.8 percent of the total transactions conducted at …

  DAVOS / WAM The UAE ranks first for tourism safety in the Middle East and North Africa (MENA) region, according to the Travel and Tourism Competitiveness Report 2017, published recently by the World Economic Forum (WEF). The WEF is a international non-profit body based in Davos, Switzerland, with a committee established ‘to improve the state of the world by …