Business - TRENDS MENA

Israel's surprise strike against Iranian military and nuclear sites on Friday -- killing top commanders and scientists -- sent crude prices...

Rallying of gold prices and growing concern about a potential global banking crisis are seen as key reasons for the...
Rallying of gold prices and growing concern about a potential global banking crisis are seen as key reasons for the increased allocations, says a latest global report
Gold and gold mining stocks are likely to make up 6 percent or higher of core holdings, believe 60% investors, adds Tresor Gold, a data-driven gold mining company
DUBAI, UAE - Dubai’s Department of Economy and Tourism (DET) is likely to display the diversity of the Emirate's destination,...
DET is supposed to highlight how the city’s tourism industry is supporting the journey towards achieving the UAE’s Net Zero 2050.
DET will showcase cuisine from Emirati businesses and local, homegrown brands whilst ensuring that all giveaways are sustainable.
AMMAN, JORDAN - Value of Jordanian exports to European Union countries increased during January-February period of 2023, by 108.5 percent...
Jordan's imports from the EU nations in January, February 2023 rose to reach US$671 million.
Trade exchange between Jordan and EU countries in January, February 2023 amounted to about US$758 million.
The group's revenue doubled, reaching $0.87 billion.
The group's revenue has also doubled, reaching $0.87 billion in Q1 2023, compared to $0.42 billion in Q1 2022, a growth of 106 percent
NMDC Group has upcoming projects in Southeast Asia and South Asia, highlighting the confidence of the industry and clients in the Group's competencies
Abu Dhabi, UAE-- Monarch Holding and Chinese company EHang Holdings have signed an agreement to establish the first facility in...
Apart from making electric aircraft and drones, the two partners will set up a command-and-control centre to manage urban air mobility autonomously
The collaboration is also expected to result in an advanced infrastructure for vertiports and an autonomous flight management system operated by AI
Riyadh, Saudi Arabia-- Becht, an American engineering services company, has revealed that it is in talks with potential partners in...
The company's director for the Middle East said discussions with companies in Saudi Arabia were also going on for striking partnerships
Van Der Beek said that Becht hopes to sign a number of downstream contracts with firms in Oman within a year
While Sheikh Jassim's latest offer is reported to be over £5 billion ($6.2 billion), the size of Ratcliffe's improved bid...
Sheikh Jassim is in a bidding war with Ratcliffe after the pair emerged as the main contenders to buy the Premier League club from the Glazer family
Sources said Sheikh Jassim's bid for 100 percent control of the club comes with the promise of significant additional funding for transfers and infrastructure
Abu Dhabi, UAE-- Looking to employ 5,000 UAE national by 2026, and designing a program to groom future banking and...
The naitonal anti-fraud campaign launched by the federation to strengthen customer confidence in the banking and financial sector was commended in the meeting
Abdulaziz Al Ghurair, the Chairman of the UBF, applauded the Central Bank of the UAE for supporting the federation and guidance to its members
The US Federal Reserve called for greater banking oversight while admitting to its own failures in a report published into...
Silicon Valley Bank's management failed to adequately manage risk prior to the bank's swift collapse.
Federal Reserve supervisors failed to take forceful action after they had identified issues at the bank.
JEDDAH, SAUDI ARABIA - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments,...
Under the agreement, IsDB will provide US$260 million in financing for the Integrated Rural Development Project.
The project will empower local communities, improve their access to quality and resilient infrastructure.