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Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Saudi Arabia sees over $11.9bn investments on Day 1 of LEAP 2024

Riyadh, Saudi Arabia -- Saudi Arabia's Ministry of Communications and Information Technology announced has said that the Kingdom witnessed technology...

CBUAE issues new guidance to curb money laundering, terror financing

The guidance, which comes into effect immediately, will assist LFIs’ understanding of risks and effective implementation of their statutory AML/CFT...
  • The new guidelines set by the Central Bank of the UAE apply to banks, finance companies, exchange houses and insurance companies, agents and brokers
  • The apex bank's guidance discusses the use of digital ID systems by licensed financial institutions to address their customer due diligence obligations

Major 2022 events that shaped world economies

TRENDS looks back at the events that grabbed attention worldwide. From Russia-Ukraine war to Saudi summits to Argentina's marvelous World-cup...
  • The year 2022 is over. Yet 2023 offers a unique opportunity to reflect on the previous year with hope and optimism
  • TRENDS looks back at the events that grabbed attention worldwide. From Russia-Ukraine war to Saudi summits to Argentina's marvelous World-cup victory, 2022 had seen it all

Saudi-China relations warm up with strategic deals

A recently reached Comprehensive Strategic Partnership Agreement has further enhanced the historical friendly relations between Saudi Arabia and China.
  • A recently reached Comprehensive Strategic Partnership Agreement has further enhanced the historical friendly relations between Saudi Arabia and China.
  • The two sides had recently signed several agreements and MoUs to enhance bilateral ties to serve the interests of the two countries and their people.

Qatar’s economy remains strong despite global crises

The year 2022 was crowned with excellent ratings for the Qatari economy, as the S&P's credit rating agency raised the...
  • Powerful ratings, despite the fluctuations and crises witnessed by the global economy in recent years, the solidity of the Qatari economy has been confirmed by rating agencies
  • Despite global crises, the Qatari economy recorded strong performance rates on most macroeconomic indicators, and looks forward to consolidate its leadership this year

World welcomes New Year with fervor and festivities

The Middle East region welcomed 2023 with fireworks at Burj Khalifa as revelers rang in the New Year without being...
  • The Middle East region welcomed 2023 with fireworks at Burj Khalifa as revelers rang in the New Year without being subjected to Covid-related curbs for first time since pandemic
  • The turbulent 12 months marked by war in Europe, price rises, Lionel Messi's World Cup glory and the deaths of Queen Elizabeth, Pele and former pope Benedict is finally over

Inflation, uncertainty rule as 2022 comes to an end

The country profiles -- arranged in alphabetical order -- summarize recent data, presenting statistical narratives of a country that include...
  • As the new year is set to begin, TRENDS wishes all its readers a very happy and prosperous New Year.
  • We also consider it crucial to review and document the profiles of the important countries in the region and across the world.

‘OPEC+ predictions more accurate as it focuses on market fundamentals and stays away from politics’

In all economic spheres from financial to commodities, credibility is a key ingredient to building the trust and confidence that...
  • Playing politics with statistics and forecasting and not maintaining objectivity tend to backfire and result in loss of credibility, says Saudi Energy Minister Prince Abdulaziz
  • OPEC+ has maintained its demand figures for 2021 while some others have grossly and consistently underestimated historical and current demand resulting in discrepancies

‘Rental Disputes Center provides 9 years of stability in real estate sector’

DUBAI, UAE -  The Rental Disputes Center (RDC), the judicial arm of Dubai Land Department (DLD), was launched to achieve...
  • RDC resolved cases by concluding reconciliation agreements amounting to 10,179 cases that were resolved amicably.
  • The average duration of execution of rental judgments and decisions for 2022 is four days, the RDC director says.

UAE reaffirms commitment to uphold multilateral system; urges UN to expand response to terrorism

"Reform will not be easy; a serious results-oriented process will require us to make deep concessions and agree to difficult...
  • While urging UNSC to expand its attention to the geographical scope of terrorist activities, the UAE reiterates itss intention to support the Delhi Declaration
  • UAE minister calls on all countries to address the root causes of extremism by spreading awareness of and respect for the principle of tolerance.

FIFA Cup helps Qatar, Egypt warm up bilateral ties

The two countries explore areas of joint cooperation to strengthen political, economic, investment and trade relations.
  • The two countries explore areas of joint cooperation to strengthen political, economic, investment and trade relations
  • Both seek to boost coordination of parliamentary positions between the two councils in regional and international forums

UAE rises to seventh rank globally in UN gender balance index

Dubai, UAE -- The UAE advanced to the seventh rank globally in the Gender Inequality Index 2024, issued by the...

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Hundreds killed in deadliest Palestine-Israel conflict

World calls for restraint as Palestinian death toll reaches 232 and Israeli casualties cross 200, prompting a vow of retaliation...

GCC FTA, tech MoU enhance Pakistan-Saudi relations

In landmark developments, Saudi Arabia and Pakistan have taken significant strides to enhance their bilateral relations, especially in the economic...

Digital quality adds shine to life in Arab countries

The UAE leads the Arab world in digital quality of life, with its advanced digital infrastructure and commitment to tech...

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Foreign direct investment crucial for economic growth

At this year's technology summit in the United States, which spotlights economic diversification through the strategic use of energy-generated wealth,...
  • Qatar's Ahmad bin Mohammed Al Sayed underscores the pivotal role of foreign direct investment in economic diversification and job creation
  • The summit gathers global leaders to address key challenges in economic diversification and the impact of technology on rural populations

Saudi real estate sector builds on vision beyond oil

TRENDS digs into Saudi Arabia's booming real estate sector and ambitious projects to find how they offers investors lucrative, long-term,...

Norms may make it easy to navigate ethical maze of AI

While speaking at the International Government Communication Forum in Sharjah, he emphasized that it's essential to regulate technology and overall...
  • In a world where technology dominates daily life, the need for digital transformation to empower various sectors is undeniable
  • It's essential to regulate technology and overall policies to ensure cybersecurity and ethical AI use, highlights a top UAE official