Business - TRENDS MENA

Abu Dhabi, UAE--The Arab Bank for Economic Development in Africa (BADEA) expects the bank's annual financing to reach US$2.5 billion...

Wall Street stocks sank early Monday, tumbling into a "bear market" in anticipation of more Federal Reserve monetary tightening this...
The market's losses come on the heels of three straight down sessions, put the S&P 500 into a bear market.
About 35 minutes into trading, the broad-based S&P 500 was at 3,796.66, down 2.7 from Friday's session.
NEOM has awarded two contracts to two consortiums for the construction of two tunnels with a length of 28 kilometers...
The two contracts were awarded to two consortiums consisting of engineering and construction companies.
NEOM said the project will be implemented in accordance with the best international practices used to protect the environment.
The Made in Saudi program is participating in the 17th Organization of Islamic Cooperation (OIC) Member States Trade Fair
The Made in Saudi program's participation shows international trade fairs help companies reach global markets
The event is considered a platform to display goods and services and to discuss about strategic partnerships
The strength of the Dubai economy, the flexibility of the emirate's merchants and the value of Dubai Chamber of Commerce...
Dubai’s strategic plan to boost foreign trade by up to AED 2 trillion ($544 billion) in five years, Al Ghurair said.
GCC countries accounted for 55 percent of the total exports and re-exports of the members in May 2022.
The project includes the construction of two reservoirs with a storage capacity of 30 million gallons of desalinated water, supporting...
Progress in the Hatta water reservoir project is ahead of schedule as 36 percent completed compared to 32 percent target
The project has a capacity of 30 million imperial gallons at a cost of approximately AED 86 million
The Saudi firm's IPO was priced at $4.8 per share.
The company’s initial public offering was priced at SR18 ($4.8) per share, with 20.97 times oversubscription
The Riyadh-based firm sold 5 million shares, representing 10 percent of its capital
Jordan has foiled an attempt to smuggle drugs into the kingdom from its border with Syria, seizing 900,000 Captagon pills...
Jordanian army has ramped up operations against drug smuggling from Syria which, it said, has been increasing dramatically
Director of JAF Military Media Department Col. Mustafa Hiyari recently accused Iran and Syria of sponsoring drug dealers operating in Syria
Google said on Sunday that it was "very pleased" to be settling, without admission of wrongdoing, a class-action lawsuit that...
The company also agreed for a third party to analyze its hiring and compensation practices as part of the settlement
Google previously agreed in 2021 to pay $3.8 million to the US Department of Labor over accusations it had discriminated against women and Asians
TotalEnergies chief Patrick Pouyanne hailed a deal to expand production in the world's biggest natural gas field in Qatar but...
The deal for a 6.25-percent stake in the North Field East project was announced Sunday barely two months after TotalEnergies said it would pump no more money into Russia
According to the chief of Totalenergies, the new natural gas complex is part of a "success story" with Qatar which will be ready at the end of 2025 or early 2026
ISLAMICOIN, which adheres to strict Sharia audit, is one of the most popular digital currencies in the Islamic world, says...
ISLAMICOIN follows recommendations issued by the Office of Crypto Halal for the supervision and Shari’a audit of the work of cryptocurrency markets
Crypto Halal will keep checking ISLAMICOIN project every three months for compliance