Business - TRENDS MENA

Abu Dhabi, UAE -- ADNOC Gas announced Tuesday it has made a final investment decision on the first phase of...

Abu Dhabi, UAE - The Central Bank of the UAE (CBUAE) and the Reserve Bank of India (RBI) on Saturday...
CBUAE and RBI aim to develop the foreign exchange market, facilitate bilateral trade, encourage direct investment, and facilitate financial transfers
The pact enables acceptance of local cards in both countries for ATM cash withdrawals and direct point-of-sale purchases without relying on external payment networks
Saudi Arabia's reduced banking liquidity and lower oil prices have led to a decline in local currency sukuk, but a...
Saudi Arabia's reduced banking liquidity and lower oil prices have led to a decline in local currency sukuk, but a surge in foreign currency issuances, says a report
A new report by S&P Global Ratings indicates mixed activity levels, suggesting the need for harmonization of Sharia standards to attract non-core jurisdictions
Profit is a 41.5 percent jump compared to H1 2022.
This remarkable growth in net profit is attributed to outstanding revenue contribution across net interest and other operating income.
The economic outlook for the UAE and business confidence continue to be encouraging, powered by buoyant domestic activity.
Russian President Vladimir Putin said the main objective of the deal that allowed Ukrainian grain exports to resume was not...
A memorandum on unhindered Russian food and fertilizer exports had been signed in parallel to the grain deal.
"The main goal of the deal, namely the supply of grain to countries in need, including on the African continent, has not been implemented," Putin said.
Talk merger of shareholdings in Borouge, Borealis.
Borouge is listed on the ADX with 54 percent owned by ADNOC.
Borealis is owned 75 percent by OMV with ADNOC holding 25 percent.
AMMAN, JORDAN - Plastic and rubber products cover 59.7 percent of the Kingdom's domestic consumption, a report by the Jordan...
The report indicated that plastic and rubber products are well-established industries in Jordan.
According to the report, the sector has 641 establishments geographically spread across the Kingdom.
ABU DHABI, UAE - The Central Bank of the UAE (CBUAE)’s Financial Stability Report for 2022 said the FTSE ADX...
The Abu Dhabi Securities Exchange (ADX) trading value increased by 21.9 percent to AED 451 billion ($122.78bn)
Foreign investment in ADX increased, with total net foreign investments recording an inflow of AED 24 billion ($6.53bn) in 2022
ABU DHABI, UAE - The significant growth in the volume of non-oil trade between the UAE and India signifies the...
CEPA will help deliver the target of reaching US$100 billion in non-oil trade annually over the next five years.
During 2020-2022, non-oil trade between the UAE and India has grown from US$27.9 billion to US$51.4 billion last year.
Riyadh, UAE - Commercial registrations in Saudi provinces for the robot technologies sector increased by 52 percent by the end...
According to the Ministry of Commerce's recent business sector bulletin, Riyadh City topped Saudi provinces in the issuance of commercial registrations for the sector
Robotics is one of the Kingdom’s promising sectors and is among the opportunities listed by Saudi Arabia’s Vision 2030 for the business sector
"The noteworthy achievements include substantial developments in logistics services, fostering a closer relationship with the International Maritime Organization, and supporting...
Saudi Arabia has made remarkable strides in the maritime sector, says Saudi Ambassador to the UK, Prince Khalid bin Bandar bin Sultan bin Abdulaziz
The strides include significant developments in logistics services, collaboration with International Maritime Organization, and marine environmental conservation