Business - TRENDS MENA

Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion.
Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion
This is followed by imports, which accounted for 35 percent of the total, amounting to AED 5.97 billion
Airlines are recovering from the huge Covid fallout but face fresh turbulence from rocketing inflation.
Airlines are recovering from the huge Covid fallout but face fresh turbulence from rocketing inflation
Global airlines suffered cumulative losses of almost $190 billion between 2020 and 2022, according to IATA
For businesses who feel they have no choice but to pay cybercriminals in order to unlock their files, they not...
Businesses across the globe are losing the battle when it comes to defending themselves against ransomware attacks
A robust security strategy is therefore one of the key pillars of an overarching digital transformation plan, says an expert
Revised lending norms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global...
Lending reforms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global Real Estate Transparency Index
Despite moving up one spot in the global rankings, Abu Dhabi is still classified as having 'Partial Transparency' in its governmental practices, the JLL index points out
A UAE delegation led by Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber has concluded a...
A UAE delegation led by Minister of Industry and Advanced Technology was on a two-day visit to Türkiye aimed at enhancing cooperation
The visit included meetings with senior government and private sectors officials as well as a UAE-Türkiye Investment Workshop
US President Joe Biden held joint investment talks Thursday with Israel, India and the United Arab Emirates, as Washington seeks...
The multilateral summit was convened in Jerusalem where Biden is on his first Middle East tour as president.
During the summit the UAE announced it would invest 2 million euros (dollars) in agricultural projects in India.
Europe's main stock markets slid at the open on Thursday, as a fresh spike in US inflation reinforced expectations of...
In initial deals, London's FTSE 100 index lost 0.3 percent to 7,138.54 points compared with the closing level on Wednesday.
In the eurozone, Frankfurt's DAX index slid 0.2 percent to 12,733.34 points and the Paris CAC 40 shed 0.4 percent to 5,977.05.
Twitter experienced a widespread but seemingly brief outage in the United States and parts of Europe on Thursday. The Downdetector...
The Downdetector website showed that outage reports spiked in the United States around 1200 GMT and by around 1245 GMT reports of outages to Downdetector were dropping off
Short term service disruptions on social media platforms happen periodically while long-term service outages on social media platforms are not common
Abu Dhabi Fund for Development and the Abu Dhabi Exports Office signed two loan agreements with the Electricity and Water...
AED will provide US$ 41mn to the Electricity and Water Authority in Bahrain to finance a water supply network project
ADEX will provide US$ 51 million for the project which aims to enhance the capacity of the water transmission networks
The bank said profits up despite lower net interest income and higher expenses.
The Bank said that net interest income from conventional banking and net income from Islamic financing reached 166.25 million riyals.
Operating expenses went up by 8 percent to 102.71 million riyals.