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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

UAE, Qatar least corrupt Arab nations

By Hilal Mir
March 13, 2023 11:40 pm
  • The CPI ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).
  • With a score of 90 and 87 respectively, Denmark and Finland top the CPI, while Somalia and Syria hit rock bottom with a score of 13 and 12 respectively.

Dubai, UAE — The 2022 Corruption Perceptions Index (CPI) shows that most countries are failing to stop corruption. It ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). The CPI said that in the Middle East and North Africa, where unequal political and economic power is deeply intertwined with conflict, corruption is undermining democratic processes, causing pervasive civil unrest and fueling violence. TRENDS takes a look at CPI in the Arab world:

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