Business - TRENDS MENA

Sharjah, UAE -- The Federation of UAE Chambers of Commerce and Industry (FCCI) and the International Development Bank (IDB)-UAE have...
It was launched by the Federation of UAE Chambers of Commerce and Industry (FCCI) and the International Development Bank (IDB)-UAE have launched Ma'an (Together).
The name "Ma’an" signifies the deep historical ties between the UAE and Iraq, especially in trade and business, the Chambers said.
Cairo, Turkey – Suez Canal revenue surged by 35 percent to $9.4 billion in the financial year 2022-23, up $7...
Suez Canal Authority Chairman Osama Rabie attributed the Suez Canal's revenue increase to the crisis in Ukraine and ongoing development projects by the authority
The SCA, he said, is preparing to offer a 20 percent stake in Canal Rope on the Egyptian Exchange (EGX) as part of Egypt's government IPO programme
Abu Dhabi, UAE--The UAE airports have received nearly 31.8 million passengers in the first quarter of 2023, a rise of...
In the UAE, the aviation sector contributes, directly or indirectly, to about 14 percent of GDP as against 2 to 3 percent in emerging markets
In 2022, Dubai's airport, one of the busiest in the world, received 66 million passengers, more than double the previous year
The law will apply to a wide array of “illegal content” including, but not limited to, false and fake news,...
The objective is to establish a harmonized Arab legislative and fiscal base, which will safeguard Arab content and users
The strategy will address a wide array of “illegal content” including, but not limited to disinformation campaigns, false and fake news
Dubai, UAE--The UAE has unveiled what it calls as the next generation of future design tools, enabling government entities to...
The network released a guidebook that will be a reference for national institutions to craft initiatives aligning with global transformation trends
The platform will encourage government entities to adopt future-proof practical projects, prioritize future-supporting projects and support cooperation
Abu Dhabi, UAE--The Central Bank of the United Arab Emirates (CBUAE) has noted with satisfaction the persistent credit appetite of...
The apex bank noted the strong liquidity and funding positions of the UAE banking system in the first quarter of 2023, supported by strong deposit growth
It revealed that the net NPL ratio moderated from the peak during the Covid-19 pandemic to 2.9 percent in Q1, showing a rise in credit growth and a fall in NPLs
Musk, one of the world's richest men, said that Modi was "pushing us to make significant investments in India, which...
New Delhi has rolled out the red carpet for top global investors and companies -- including tech giants like Google and Apple -- in the last few years.
Since the coronavirus pandemic, many companies have expanded their presence in India as a way to cut their supply-chain dependence on China.
RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) has launched ‘open yards’ as part of its comprehensive...
Located in Al Ghail Industrial Zone, these units are readily available for businesses seeking expansive and versatile spaces for their operations.
With the introduction of these new open yards, investors are provided with the opportunity to operate across a spectrum of over 100 activities.
The German group will sell AirPlus to Sweden's SEB Kort Bank.
It comes after Lufthansa in April announced the divestment of its LSG catering business, and last month agreed to buy a 41-percent stake in Italy's ITA Airways.
The Lufthansa group -- one of Europe's biggest airlines -- was brought to the brink of bankruptcy when the Covid-19 pandemic saw global air travel grind to a halt.
Abu Dhabi, UAE -- The Central Bank of the UAE (CBUAE) has launched the Rulebook, a dedicated platform on its...
Rulebook is a dedicated platform on its website that hosts the CBUAE’s regulations, standards, guidelines, relevant laws and other regulatory publications.
The new Rulebook provides financial sector stakeholders with further access to the CBUAE’s regulatory publications from any device, in Arabic and English.