OECD Dialogue on Private Philanthropy in MENA highlights data-driven approach is key to success

OECD Dialogue on Private Philanthropy in MENA highlights data-driven approach is key to success

Dubai, United Arab Emirates -The Organisation for Economic Co-operation and Development (OECD) hosted a dialogue on the role of private philanthropy in the Middle East North Africa (MENA) region. The discussion, titled, “Data and Dialogue on Private Philanthropy for Development: Regional study to unpack Private Philanthropy for Development from MENA,” convened expert participants from across businesses, foundations, government, and philanthropy, to share perspectives. Speakers included Natasha Ridge, Executive Director of the Sheikh Saud bin Saqr Al Qasimi Foundation for Policy Research, Badr Jafar, CEO of Crescent Enterprises, Founder of the…

Best’s Market Segment Report: Evaluating MENA Ratings Using Best’s Credit Rating Methodology

Best’s Market Segment Report: Evaluating MENA Ratings Using Best’s Credit Rating Methodology

LONDON–(BUSINESS WIRE/AETOSWire)– Middle East and North Africa (MENA) insurance markets have seen robust growth over the last decade. However, according to a new AM Best report, the rate of growth has stalled in the last 18 months primarily due to the impact COVID-19 and volatility in energy prices, attributable largely to the global economic slowdown from lockdown measures and lower demand for oil. The Best’s Market Segment Report, “Evaluating MENA Ratings Using Best’s Credit Rating Methodology”, notes MENA markets continue to face significant challenges, including stock and real estate market volatility; changes to…