Business - TRENDS MENA

Dubai, UAE -- The Middle East and North Africa (MENA) region has kicked off 2025 with a remarkable surge in...

Abu Dhabi, UAE - The AD Ports Group has launched a new weekly shipping service that facilitates commercial and logistic...
Through the new service, AD Ports aims to enhance commercial and logistic connectivity with Qatar and Kuwait.
AD Ports Group would provide customers with a digital appointment booking system for the new service through the Advanced Trade and Logistics Platform (ATLP).
Dubai, UAE -- Saudi Arabia's unemployment rate dropped in the fourth quarter of 2022, compared to the previous quarter, mainly...
Legislation and Emiratization programs, job support and follow-up of establishments from all relevant government agencies has led to this rate of unemployment.
GASTAT said Saudi women's unemployment rate decreased from 20.5 percent in the third quarter of 2022 to 15.4 percent in the fourth quarter.
The company's profit more than doubled in the first quarter.
Shares in H&M surged following the announcement, rising 9% in the early hours of trading on the Stockholm stock exchange
The world's second largest clothing retailer posted a net profit of 540 million kronor ($51.9 million) for its first quarter
Abu Dhabi, UAE - Aldar Properties and Mubadala Investment Company have signed an agreement to develop commercial assets in Al...
The addition of the new tower will bring Aldar Investment’s total net leasable area of commercial office space to over 400,000 sqm
Aldar’s active asset management and the increased leasing activity, office leasing occupancy of the four ADGM office towers have reached 96%
The amount makes 42.5% of the company's paid-up capital.
The dividends are approved for the second half of the year 2022, and are set to be paid to shareholders in April
The company expects to pay a minimum dividend $231 million per annum in the first two fiscal years following its DFM listing
Warsaw, Poland - Poland's prime minister on Wednesday appealed to Brussels to limit the amount of Ukrainian grain entering the European...
Ukraine, one of the world's largest grain exporters, saw its traditional Black Sea export routes blocked or limited by Russia's invasion.
The European Union has since allowed the war-torn country's grain exports to transit through the bloc to other countries.
The Senate report "describes legacy issues, some from a decade ago," which the bank has sought to address by implementing extensive...
The findings of the two-year Senate Finance Committee probe add to the woes of the Swiss investment bank.
Credit Suisse pleaded guilty in 2014 to attempting to aid and assist US taxpayers in filing false income tax returns.
The tie-up would lead to the creation of a $10 billion plus group.
The satellite communications sector has been seeking to consolidate in the wake of the arrival on the scene of billionaire players Elon Musk and Jeff Bezos.
The sector is now notably awaiting the upcoming merger of France's Eutelsat with UK counterpart OneWeb, as well as that of US provider Viasat.
Dubai, UAE -- Dubai real estate market recorded real estate deals worth AED1.8 billion ($490 million) on Wednesday, Dubai Land...
Deals worth $490 million were recorded in Dubai on Wednesday, while $762 million in real estate transactions were recorded in Tuesday.
The deals on Wednesday included 526 sales transactions worth AED1.16 billion, in addition to 89 mortgage deals of AED628.25 million.
The 10.57-carat stone is being marketed as the most valuable purplish-pink diamond ever brought to auction, with the highest ever...
Pink diamonds are among the rarest and most sought-after gems in the world and considered a major draw for investors.
The record for highest-ever auction price for such a stone is held by the CTF Pink Star, which was sold for $71.2 million in Hong Kong in 2017.