Business - TRENDS MENA

Both main crude contracts jumped around one percent after CNN reported multiple US officials as saying the government had received...

Volkswagen is also setting up a series of battery plants in Europe - one will open in 2023 in Sweden,...
The group's first North American battery factory will be located in St. Thomas, Ontario where production will start in 2027
Under its different brands, Volkswagen plans to introduce more than 25 different new electric models by 2030 in US
Riyadh, Saudi Arabia--Saudi Arabia and South Korea have signed multiple memorandum of understandings aimed at supporting SMEs, along with enabling...
The two minister discussed ways to attract South Korean SMEs to the kingdom as they examined potential investment cooperation opportunities
The Korean minister said improved ties with Saudi Arabia would encourage businesses in South Korea to tap into the global market
The expansion of infrastructure investment and medical insurance coverage will continue to drive premiums in 2023, albeit at a slower...
The expansion of infrastructure investment and medical insurance coverage will continue to drive premiums in 2023, albeit at a slower pace than in 2022, reports suggest
Strong premium growth, relatively modest earnings, and high costs to meet new accounting standards and other regulatory demands will erode capital and solvency buffers
The bank has lost 81% of its value since Greensill bankruptcy.
Shares in Switzerland's second largest bank plunged quickly by 14.3 percent to reach 2.139 Swiss francs.
Despite a huge restructuring effort, the value of Credit Suisse has dropped repeatedly on the stock market.
Brussels, Belgium - The European Union must urgently lower energy prices and ease regulations to stop industry fleeing the continent, European...
The EU is racing to make Europe more attractive for the companies that could be tempted by massive US and Chinese subsidies and lower energy costs.
German chemical giant BASF said in February it would close several units in Germany because of high energy prices affecting competitivity in Europe.
The 2022 Corruption Perception Index says corruption is undermining democratic processes and fueling violence in the Middle East and North...
The CPI ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).
With a score of 90 and 87 respectively, Denmark and Finland top the CPI, while Somalia and Syria hit rock bottom with a score of 13 and 12 respectively.
Russia has agreed to extend the Ukraine grain export deal following talks with the United Nations - but only for...
The grain export deal has helped ease the global food crisis triggered by Russia's full-scale invasion of Ukraine in February 2022.
The invasion saw Ukraine's Black Sea ports blocked by warships until a deal signed in July allowed for the safe passage of exports of critical grain supplies.
The company has paid a total of $975m in dividends for 2022.
The final dividend will be distributed to shareholders in April 2023, and the company has committed to paying $1.3 billion in dividends for 2023.
Borouge reported an increase of 8.2 percent in revenues to $6.7 billion and net profit for the year was $1.4 billion in 2022.
Dubai, UAE -- Saudi ports handled 7.76 percent more containers in Feb 2023, compared to the same period last year,...
Saudi ports received 100,903 passengers, an increase of 61.16 percent over the corresponding month in 2022, which recorded 62,611 passengers.
Incoming containers increased by 5.95 percent to reach 193,937 containers compared to 183,051 containers in Feb 2022.
There is chaos in the crypto market and the dust rises with an episode of failure, but failures must not...
Dubai not only inspires the world to embrace new financial instruments, but it has been a hub for digital financial products, says Tapscott.
Banks need to work hard to find ways to avoid intermediation. but we intermediate to create new value in the middle, he adds.