Business - TRENDS MENA

The dip occurred amid lower production during factory upgrades.

BAGHDAD, IRAQ - Iraqi Prime Minister Muhammed S. Al-Sudani chaired a meeting focused on discussing the provisions of the federal...
The meeting discussed the provisions of the federal budget bill submitted to the Parliament.
The Iraqi PM highlighted the plans for enhancing development and advancing the economy.
Prince Mohammed said the latest transfer will "solidify PIF's strong financial position". Authorities did not give a value for the...
The move, part of a campaign to open up the oil-rich kingdom's economy, follows a transfer of four percent of Aramco shares, estimated at the time to be worth $80 billion
The Saudi crown prince billed the move as part of a push "to boost and diversify the national economy and expand investment opportunities", according to the report
Dubai, UAE -- KPMG Lower Gulf has been ordered by a Dubai court to pay more than $231 million to...
The award is one of the largest ever against an accounting firm and exceeds KPMG Lower Gulf’s revenues of $210 million in its most recent financial year.
KPMG Lower Gulf’s operations were already in the spotlight after allegations of nepotism and cronyism led to the resignation of its former head last October.
Dubai, UAE -- The UAE continues to be the second most important export destination for India, according to annual trade...
India's Ministry of Commerce and Industry said the US and the UAE retained the first and second place as top export destinations for the country.
The number of new Indian companies that joined Dubai Chamber of Commerce in 2022 exceeded 11,000, bringing the total to 83,000 companies.
Brussels, Belgium--Depending on which side you're on, tech giant Microsoft is either the hero fighting to bring some of the most...
The company has set itself the task to convince all three EU, UK and US regulators to back its $69 billion bid to take over Activision Blizzard
Sony, the PlayStation owner, says the deal will give Microsoft the power to limit rivals' access to the popular franchise
Abu Dhabi, UAE - The UAE is among the largest international investors in Brazil, with an estimated US$5 billion in...
The two countries, have maintained a fruitful cooperation across many sectors such as industry, transportation, shipping, storage, infrastructure, etc
The UAE is Brazil's top trading partner in the Arab region, while Brazil is one of the Emirates' most important and recognized partners in Latin America.
Many countries in the region have invested in education and provided better access to technology-related fields, resulting in women graduating...
Many countries in the MENA region have invested in women's education and provided better access to technology-related fields
This trend has resulted in women playing a significant role in high-profile tech projects in the region, such as the UAE's Mars Hope probe
Major cloud service providers such as Microsoft, Tencent Cloud, Oracle, Amazon Web Services, and Alibaba Cloud are establishing local cloud...
Saudi government has implemented the Cloud First policy to encourage the adoption of cloud services
Microsoft, Tencent Cloud, Oracle, Amazon Web Services, and Alibaba Cloud are establishing local cloud regions
They also announced a series of deals, including one for the UAE-controlled Mataripe refinery in northeastern Brazil to invest up...
The countries said in a joint statement the leaders had discussed a range of subjects including trade, technology, defense, aviation and food security
The strategically located Gulf monarchy is Brazil's second-largest trading partner in the Middle East, according to the official WAM news agency
ABU DHABI, UAE - Brazilian President Luiz Inacio Lula da Silva arrived here Saturday, following a two-day visit to China to...
The UAE is Brazil's second-largest trading partner in the Middle East, according to reports.
Trade between the two trade excluding petrol totaled over US$4 million in 2022 - a 32 percent rise from 2021.