Business - TRENDS MENA

ABU DHABI, UAE -- The United Arab Emirates has consolidated its position as one of the world’s leading global and...

Brussels, Belgium - Business activity in the eurozone stabilized in March thanks largely to a "modest recovery" in the service sector,...
"Business activity in the euro area came close to stabilizing in March" with "only a marginal decline in output of goods and services", the survey said.
The ECB has kept its interest rates steady since October, following an unprecedented series of increases to tame what was red-hot inflation.
The deliveries sped up 9.5 percent to 10,112 vehicles.
2023 was the best year ever recorded," the brand said in a press release, with sales up 12.1 percent to US$2.9 billion
Operating profit reached $785 million, up 17.8 percent, with operating margins widening to 27.2 percent, said Lamborghini
SEOUL, SOUTH KOREA – South Korean flag carrier Korean Air said on Thursday it will sign a US$13.7 billion deal with...
The move comes after the European Union approved the airline's takeover of smaller rival Asiana.
The deal involves the purchase of 27 A350-1000 and six A350-900 aircraft, Korean Air said.
EGA is to buy 100 percent of firm from Leichtmetall Holding.
The transaction is expected to close during the first half of 2024, subject to obtaining regulatory approvals.
Leichtmetall’s production mainly consists of hard alloy billets up to 1,150 millimetres in diameter
MOSCOW, RUSSIA – Russia does not see the risk of trading oil at a loss due to the redistribution of...
Lavrov expressed confidence that Moscow is not frightened of relying on countries that will buy Russian oil and gas.
OPEC+ regulates the market and prices in an equitable manner, taking into account the interests of consumers, the minister said.
ABU DHABI, UAE – Bayanat AI PLC and Al Yah Satellite Communications Company each issued a circular on Thursday calling...
The respective shareholders of each entity will vote on the proposed merger of the two Abu Dhabi-headquartered and ADX-listed entities.
The proposed would create one of the most valuable publicly listed space companies in the world with potential for significant global growth.
The four companies filed a rare joint amicus brief in a California court in charge of applying a ruling that...
The Apple Plan comports with neither the letter nor the spirit of the Court's mandate," Meta, Microsoft, X and Match said in their joint filing on Wednesday, in support of Epic
The plan's "new restrictions are plainly designed to render alternatives to Apple's in-app purchases impractical for developers, and inaccessible to consumers," the companies said
The gains have been helped by a weaker dollar and the gold's attraction as a safe haven as geopolitical tensions...
Equity markets in New York and across Asia surged and the dollar retreated
Gold traders also joined the party to push the precious metal to as high as $2,220 per ounce
It comes amid a slowdown in the tech sector IPOs.
The company is set to debut Thursday on the NYSE under the ticker RDDT after an IPO priced at $34 dollars a share
It was created in 2005 and was quickly sold to Conde Nast, the publisher of Vogue and the New Yorker magazine
The funds, according to the King Salman Humanitarian Aid and Relief Centre (KSrelief), would support UNRWA's "humanitarian relief efforts in...
Israel accused some of UNRWA's employees of involvement in the October 7 Hamas attack
The UN has said that Israel has not provided it with any evidence for the allegations