Business - TRENDS MENA

In February 2024, Saudi Arabia's poultry industry reached a milestone by producing 100 million kilograms of poultry, thereby setting new...

Daniel Kretinsky has already heavily invested in French media as owner of Elle magazine and part-owner of the daily Le...
Despite increasing its circulation by more than 10 percent over the past year, Liberation has been unable to stem losses.
Kretinsky's high-profile investments in France include minority stakes in retail chain Casino, and in the electronics, books and media group Fnac Darty.
Dubai, UAE--Binance, the leading global blockchain services provider, said Tuesday it has received the Minimal Viable Product (MVP) license from...
The transition to an MVP License from a provisional license means Binance can open a client money account with a domestic bank and benefit from new services.
It can offer services to qualified retail and institutional investors in Dubai within its internationally benchmarked legislative framework for virtual asset service providers.
Putin accused the European Union of blocking 300,000 tons of Russian fertilizer from reaching the world's poorest countries. "Our offer......
In July, an agreement was signed which allowed Russia to export its agricultural products and fertilizer despite Western sanctions.
The West imposed a litany of sanctions on Russia after it sent troops into Ukraine on February 24.
Oil giant Saudi Aramco's chief blasted "unrealistic" energy transition plans, calling for a "new global energy consensus", including ramped-up investments...
Aramco unveiled record profits of US$48.4 billion in Q2 of 2022 after Russia's invasion of Ukraine and a post-pandemic surge in demand sent crude prices soaring.
One of the reasons for energy crisis is declining oil and gas investments, the Aramco chief said.
Dubai, UAE--- Dubai real estate market recorded realty deals worth AED 1.6 billion ($435 million) on Tuesday, according to Dubai...
These included 439 sales transactions worth AED1.25 billion, in addition to 66 mortgage deals of AED240.64 million, and 72 gift deals amounting to AED175.81 million.
On Monday the market recorded 392 sales transactions worth AED900.8 million, in addition to 84 mortgage deals of AED741.14 million.
Dutch firm will provide water desalination technology
The innovative design is intended to be 100 percent reliant on solar energy.
As per the agreement, a pilot water desalination plant has been installed at the Jebel Ali Power Plant and Desalination Complex.
UAE Minister of Industry and Advanced Technology (MoIAT) Dr. Sultan bin Ahmed Al Jaber said that hosting the International Organization...
The UAE minister said the ISO annual meeting is in tune with MoIAT's efforts to benefit from international expertise.
Sultan Al Jaber added that such events showcase the UAE's quality infrastructure and deepen partnerships with relevant national and global entities.
Abu Dhabi, UAE---Mubadala Energy has discovered a good quality gas reservoir penetrated by the Cengkih-1 exploration well in Block SK320,...
The company said preliminary analysis shows a significant gas column of more than 110 metres within the pinnacle carbonate reef reservoir.
Mubadala Energy is the Operator of Block SK320, with 55 percent participating interest in the Production Sharing Contract.
Musk had initially announced that the Starlink satellite internet service had been made available on every continent "including Antarctica" with...
Iranian-born science journalist Erfan Kasraie had said on Twitter that bringing the service to Iran could be a "real game changer for the future" of the country
Launched at the end of 2020, Starlink offers high-speed broadband service to customers in areas poorly served by fixed and mobile terrestrial networks
The two insurance firms will have discussions on the merger.
After the proposed merger is completed, Gulf Union Alahlia will issue new shares to Al Sagr Insurance shareholders in exchange for all issued shares of Al Sagr
After the two will have conducted all necessary due diligence, Gulf Union Alahlia and Al Sagr will determine the share-for-share exchange ratio