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Stock impact report

Yalla (YALA): The Best Middle East and Africa Stocks to Buy According to Analysts? [Yahoo! Finance]

Yalla Group Limited American Depositary Shares, each representing one Class A Ordinary Share (YALA) 
Company Research Source: Yahoo! Finance
at where Yalla (NYSE:YALA) stands against the other Middle East and Africa stocks. MENA's Economic Outlook for 2024 and the Rising Interest in Private Equity and Venture Capital Investments According to the Middle East and North Africa Economic Update report published by the IMF in April 2024, the Middle East and North Africa (MENA) region will experience modest growth of 2.7% in 2024, up from 1.9% in 2023. Both oil importers and exporters in the region are expected to grow at similar rates in 2024. The forecasted growth difference between the Gulf Cooperation Council (GCC) economies and developing oil importers (excluding Egypt) is nearly 1%. GDP per capita is expected to rise by just 1.3% in 2024, driven almost entirely by the GCC economies. The impact of ongoing conflicts has ceased economic activity, particularly in Palestine. In Gaza, economic activity has nearly dropped by 86% in the fourth quarter of 2023 compared to the same quarter in 2022. The Palestinian economy's outlo Show less Read more
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