Business - TRENDS MENA

The Ooredoo subsidiary said it will pay $9.3 million on June 22.
Ooredoo Group reported a revenue of QR 30 billion ($8.23 billion) for the full year ended 31 December 2021.
Group net profit attributable to shareholders stood at QR47m.
Jordan’s wholesale price index in Q1 2022 increased by 5.66 percent, reaching 102.64 points against 97.14 during the same period...
The wholesale price index in the first quarter of 2022 went up by 2.08 percent compared to the fourth quarter of 2021.
The boost in price of machine trade and their supplies by 5.33 percent or 0.49 points played a role in the index increase.
The Ministry of Energy and Mineral Resources on Sunday inked an MoU with a local company to explore for copper...
The Jordan Integrated Mining and Exploration Company will conduct a 16-month copper exploration of a 78-square-kilometre area.
The Turkish "Solvest Trade and Industry Limited Company" will conduct a 14-month gold exploration in the Abu Khashiba Valley.
Kuwait's Ambassador to Turkey and several Kuwaiti organizations have supported the concept of Core Istanbul
Kuwait Islamic Charity Organization backs Core Istanbul for its initiative to help young people get jobs
The concept of Core Istanbul is called as a more business-oriented approach towards philanthropy
The deal worth $185m makes PIF a strategic investor in the group.
The deal aims to increase the capital of the Capital Bank Group, and thus raise the total shareholders’ equity to more than 3.2 billion riyals, media reports said.
It also aims at strengthening its plans for digital transformation by providing the latest electronic services that include the launch of digital banks.
Saudi Arabia's Center for Attribution and Liquidation, or Infath, has said that between June 7 and 15, it will be...
The Center for Attribution and Liquidation, or Enfath, will hold these auctions between June 7 and 15 in attendance and online.
Auctions display 117 real estate assets, including commercial, residential, and agricultural lands, villas, and commercial and residential buildings.
Saudi ACWA Power Co. has signed a power purchase agreement with Saudi Power Procurement Co. for the Layla PV Solar...
The company won the contract for submitting the lowest bid of 11.2 halala/KWh
ACWA Power will develop, construct, and operate Layla PV Solar IPP, a plant located in Riyadh
A day after the arrest of a British national in Dubai over a $1.7 billion dividend tax fraud case in...
For the past two years UAE authorities have worked closely with their Danish counterparts to compile a strong body of evidence in this case
The UAE’s commitment to collaboration is also symbolized in the general extradition treaty signed with Denmark in March 2022
German carmaker Mercedes-Benz is recalling nearly one million older vehicles worldwide due to a potential problem with the braking system,...
The KBA said that the recall affected cars built between 2004 and 2015, of the SUV series ML and GL and the R-Class luxury minivan
The company said it would "start with the recall immediately" and contact the owners of the "potentially affected vehicles"
An outbreak of foot-and-mouth disease in the West Bank early this year has killed thousands of livestock, pushing Palestinian farmers...
Palestinian farmers blamed the PA for halting a vaccinations program that had proven essential in protecting livestock against an endemic disease
A new strain of foot-and-mouth disease (FMD), which causes potentially lethal fevers and blisters in young animals, was detected in livestock last November in Jordan