According to the Saudi Ministry of Hajj and Umrah, the number of Umrah visas issued in 2019 has reached more than 4.33 million.There are 443,560 pilgrims still in the country, with 304,897 of them in Makkah and 138,663 in Madinah. To read more about Issue 216
In Kuwait, the Interior Ministry announced the cancellation of the use of residency stickers on expats' passports, saying all the needed data will be on their civil IDs, which will be considered as proof of residence for expats and went into effect on March 10, 2019. To read more about Issue 217
Siemens signed a contract with Al Ezz Dekheila Steel Company Alexandria SAE (EZDK) to deploy the company's leading digital industrial solutions across EZDK diverse steel production assets. To read more about Issue 218
For the first time in the history of Saudi Arabia, Princess Jamila Bint Abdulmajeed bin Saud bin Abdulaziz will be the first Saudi female to participate in the official camel racing. To read more about Issue 219
Insights Africa
Kenya biggest electricity generator, KenGen, has signed a 7.6 BN KES(75.9 MM USD) contract to drill geothermal wells in Ethiopia in a joint bid with Chinese company Shandong Kerui Group.To read more about Issue 10
Actis, London-based private equity company, has partnered with Indian firm Shapoorji Pallonji Real Estate to develop middle-income housing in Kenya worth 12 BN KES (120 MM USD). To read more about Issue 11
The Central Bank of Kenya reported that Kenya current account deficit reached 4.6% of GDP in January 2019 compared to 4.9% in December 2018. This shows that the import-export gap narrowed further in January as receipts from agriculture, tourism and remittances outpaced import growth. To read more about Issue 12
Kenya Post Office Savings Bank (Postbank) is looking for a buyer for its 2.29 BN KES (22.67 MM USD) multi-billion shilling developed commercial block in Muthaiga, Nairobi by an average market value of 148.5 MM KES (1.47 MM USD) per acre in Muthaiga. To read more about Issue 13
