Business - TRENDS MENA

Saudi Aramco, the world's largest producer of oil, "is exploring a number of ways to potentially optimize transport efficiency, from...

The majority of per capita insurance spending (60%) went towards health insurance, followed by general insurance (37%) and protection and...
Health insurance accounted for 60 percent of total per capita spending on insurance, followed by general insurance (37%) and protection and savings (3%).
The health insurance’s gross written premiums stood at $8.59 billion in 2022, up 27 percent from $6.78 billion in 2021
They will support growth of the sustainable aviation fuel market.
The two will work toward collaborating on sustainable aviation fuels (SAF), green hydrogen, and direct air capture technologies
Direct-air capture together with the use of SAF based on green hydrgoen can bring down greenhouse gas emissions by up to 95%
The extraordinary collection belonged to Heidi Horten who died last year aged 81, with a fortune of $2.9 billion, according...
The $202 million raised far exceeds the previous record, set during the 2011 auction of the jewellery collection of Elizabeth Taylor
More than 700 pieces of jewellery are part of this Horten collection, and is being dispersed in tranches to avoid exhausting buyers
Manama, Bahrain--The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been...
Carrying a maturity period of 91 days, subscriptions worth $225 million were received for the BD 43 million issue
The issue, which begins on May 17 and matures on August 16, is expected to a give a return of 6.15 percent
"The UAE is well positioned to further strengthen its leadership in combating fraud, with continued investment in technology, training and...
The UAE's focus on digital transformation and innovation enhances fraud detection and control capabilities, says Jamal Saleh, Director General of UAE Banks Federation
Tasharuk platform plays a crucial role in detecting cyber risks while continued investment in technology and collaboration strengthens UAE's banking system, he adds
"We will simplify our organisation, cutting out complexity to regain our competitiveness," added Della Valle, appointed CEO on a permanent...
The CEO Della Valle said the company's performance was not good enough, saying that to consistently deliver, Vodafone must change
Her predecessor Nick Read stepped down in early December after a four-year tenure marked by a steep fall in the company's share price
Dubai, UAE-- Qatar and Bahrain have agreed to restart flights toward the end of the month, in a sign of...
The resumption of flights between the estranged countries, according to Bahrain News Agency, falls within "the framework of the brotherly relations between the two countries
In recent months, GCC countries have patched up differences with each other and begun to focus on their economies, taking advantage of high oil and gas prices
Dead Sea, Jordan -- Almost 2 million people visited Jordan in first quarter of 2023, an 87.2 percent increase compared...
Tourism sector is engine of economic growth in Jordan, contributing 13% of the country's GDP, tourism minister said
He explained that the sector directly employs over 55,000 people, of whom 85% are Jordanians
Abu Dhabi, UAE-- Iran is keen to boost transportation ties with the UAE and has invited investors from the country...
Mehrdad Bazrpash, Iran Minister of Roads and Urban Development, met with Sheikh Mansour Bin Zayed Al Nahyan, Vice President of the UAE in Abu Dhabi
The Iranian minister also met with Qatari Minister of Transport Jassim bin Saif bin Ahmed Al Sulaiti and both emphasized the need for expansion of relations
The group's EBITDA also rose by 33 percent YoY.
This growth is attributed to the robust performance of its Maritime, Economic Cities and Free Zones, and Ports Clusters, as well as the recent acquisitions
The Group is continuing its ambitious revenue-generating CapEx programme, spending $278 million in Q1 2023 to diversify its income streams