Business - TRENDS MENA

Riyadh, Saudi Arabia - The Saudi Pro League (SPL) and Saudi Arabian Mining Company (Maaden) have agreed a long-term strategic...

BERLIN, GERMANY - On his many visits to semiconductor factories and electric car plants, Germany's Chancellor Olaf Scholz bangs the drum...
Having dipped into recession at the beginning of the year, Germany looks set to finish the year in the red - and at the back of the pack among its eurozone competitors.
The government is the only one left still predicting GDP will grow this year, while the main economic institutes and the IMF are looking at a drop of 0.2 to 0.4 percent.
Doha, Qatar - Qatar Chamber and Tajikistan Chamber of Commerce and Industry signed Sunday an agreement to establish a Joint...
The Joint Business Council aims to facilitate communication between the two parties to increase trade and economic cooperation between the two countries.
It includes communication mechanisms between business owners in the two countries, and exchanging information on trade and economic cooperation.
Indian Prime Minister Narendra Modi met Egypt's President Abdel Fattah al-Sisi in Cairo on a rare visit during which both...
New Delhi and Cairo have pledged to boost bilateral trade as India is also stepping up investment in Egypt, particularly in renewable energy.
India is already Egypt's seventh-largest trading partner, according to data from Cairo's central bank, with trade reaching $7 billion last year.
The two firms will offer AI Digital Contact Centre Platform.
The MoU was signed by General Manager of Microsoft Lana Khalaf, and Enterprise Business Unit Director at Vodafone Qatar Mahday Saad Al Hebabi.
With this platform, contact centers will be equipped with modern digital tools to engage customers across voice, video, and other digital channels.
NEW DELHI, INDIA - UAE Minister of Economy and Head of the Emirates Tourism Council Abdullah bin Touq Al Marri...
The UAE is keen on developing tourism ties with countries and building partnerships in fields that supports economic, social growth and prosperity.
The UAE had adopted a forward-looking vision to develop a distinguished tourism sector at the regional and global levels.
ABU DHABI, UAE - AD Ports Group, a leading facilitator of global trade, logistics, and industry, and Premier Marine Engineering...
AD Ports Group will own 51 percent of the joint venture and the remaining 49 percent by Premier Marine.
The new enterprise will offer a broad range of vital services including drydocking, afloat repairs, ship building and refurbishment.
SHARJAH, UAE - The emirate's real estate activity during May 2023 logged a total value of US$653 million (AED 2.4...
The report issued by Sharjah Real Estate Registration Department revealed that 3,540 transactions were recorded in various regions across the emirate.
The report indicated that the real estate sector has maintained its leading position as a preferred choice for those wishing to buy or invest in Sharjah.
Hyundai will build a petrochemicals complex in the kingdom.
Korean media reports said the deal, which will advance the Amiral project packages No. 1 and 4, is the largest contract won by a Korean builder.
The deal comes a day after Saudi Aramco and France's TotalEnergies signed contracts to start building an $11-billion petrochemicals facility in Saudi Arabia.
Doha, Qatar--Qatar has been elected to be the chairperson of the International Civil Aviation Organization (ICAO)'s Technical Cooperation Committee (TCC)....
ICAO council member states voted Qatar's permanent representative in the council Essa Abdullah Al Malki as the chairperson of the ICAO's TCC
The TCC is tasked with assisting and advising the council on reviewing ICAO policies on technical cooperation, assistance, training, and operational plans
In spite of economic sanctions imposed by the Western governments against Iran, the country has seen its oil exports surge...
The Islamic Republic has ramped up its crude output to more than 3 million barrels per day, nearly 3 percent of the world's supply
Iran has been pouring more oil into the global energy market at a time when OPEC+ has lowered the supply in order to shore up the oil market