Search Site

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Qatar wealthiest, UAE happiest in Arab world

GCC countries are the most prosperous and the happiest nations in the MENA region.
  • The World Happiness Report 2022 has ranked Finland as the happiest and Afghanistan as the unhappiest in the world.
  • Happiness has now become a key metric to track the performance of countries and corporate offices as well.

The World Happiness Report 2022, which ranks countries on the basis of a three-year average (2019-2021), has ranked Finland as the happiest country (with a score of 7.82 on the scale of 1-9, nine being the highest) in the world and Afghanistan (2.404) as the unhappiest. The results are not hard to explain. Years of war and the resulting economic ruin has left Afghanistan in tatters, while Finland is the third most prosperous nation in the world that has seen decades of peace of stability. The Middle East region also presents a contrast between the wealthy and relatively peaceful Gulf Cooperation Council countries and the strife-torn, economically weaker neighbors. TRENDS takes a look at how some of the Arab countries perform on prosperity and happiness indicators.