Business - TRENDS MENA

Careem’s ride hailing business will remain fully owned by Uber and continue to be available with all other Careem services...
Careem’s ride hailing business will remain fully owned by Uber and continue to be available with all other Careem services on the existing app for customers
The Careem Super App offers over a dozen services including food and grocery delivery, micro-mobility, a digital wallet and suite of fintech services
MoU will leverage core competencies of both the firms.
The MoU will help explore joint business development and marketing opportunities across a variety of areas G42 covers.
Microsoft and G42 will be working in the coming months to finalize the development required to ensure regulatory compliance.
The cash dividend will be paid for the second half of 2022.
The dividends will be paid from 16 May 2023 and the payment is the final instalment of dividends for the year 2022.
The company paid a total of 65.28 million riyals in dividends for the second half of 2022.
Shopping online at Temu, Laurie Silva paid just $1.25 for earrings and $15 for a cardigan -- she is among...
Temu, which was launched last September, is positioned as an Amazon-like superstore, selling everything from make-up to homeware and electronics
According to Sensor Tower, Temu has had 33 million US downloads since its launch, with user numbers surging on the month of the Super Bowl
Cairo, Egypt-- Egypt's financial inclusion has widened as total ownership of transactional accounts reached 64.8 percent of the total 65.4...
The country's financial inclusion rose 147 percent between 2016 and 2022 to 42.3 million citizens who own and use transactional accounts
Mobile wallets and prepaid cards primarily led to the increase, growing by 54 percent and 31 percent respectively
Washington, United States-- The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform...
The IMF estimates globlal growth to drop below three percent this year, and to remain at close to three percent for the five years
Although Asia's emerging markets might witness a big rise in economic output, nearly 90 percent of world's large economies will see slow growth this year
Dubai, UAE--Dubai Customs has discussed with the Global Innovation Institute (GInI) how they can further enhance their customs services and...
Dr. Hussam Jumaa said Dubai Customs' strove to achieve the best results in creativity and innovation, stating that innovation has become a solid corporate culture for them
By obtaining the Innovative Organization certification, Dubai Customs has become the first customs institution in the UAE and the Middle East to obtain the recognition
The company reported a 9 percent rise in rental revenue.
The company reported a 9 percent rise in rental revenue and a 69 percent increase in revenue from commercial licences
Dr. Mohammed Al Zarooni, Executive Chairman of the DIEZ, said that more than 22,000 companies are based out of the zones.
Dubai, UAE – Saudi Arabia has achieved 60 percent self-sufficiency in the production of mangoes in the kingdom, producing more...
The kingdom produced more than 88000 tons of mangoes on more than 6880 hectares of land, the Ministry of Environment, Water and Agriculture said.
More than 20 varieties of mango are produced during the growing season from April to August, which include Tommy Atkins, Kate, Kent, Alphonso.
MUSCAT, OMAN - Oman Ministry of Commerce, Industry and Investment Promotion on Sunday issued an order to regulate the activities...
The order aims at promoting Omani products, establishing new supply chains, supporting national industries.
The ministry pointed out that consumer cooperatives operate under a legal framework to sell goods.