Business - TRENDS MENA

A 52-year-old Briton has been arrested in Dubai over a $1.7 billion dividend-tax fraud case in Denmark, the Gulf emirate's...
They said the arrest was carried out in close cooperation with Emirati authorities and under a bilateral extradition treaty signed in March 2022
Danish authorities welcomed the arrest and said the Danish public has been defrauded a staggering amount and should not be possible for perpetrators to hide in the Middle East
The Barakah Plant will help in the decarbonization of the power sector in the UAE and the Arab World
ENEC, KEPCO discussed prospects for future cooperation and exploring the opportunities available in the nuclear energy sector
The overall completion rate of the Barakah Plant is now over 97 percent and the first and second units are producing electricity
About 25% of ransomware data theft attacks in the GCC are reported from the UAE followed by Saudi Arabia (15.5%),...
Home networks in the UAE were a magnet for cybercriminals who targeted systems, devices, and networks
Saudi Arabia's Wired Telecommunications Carriers and Other telecommunications sectors ranked as the most targeted industries within the country
Wafi will also operate car services for Shell Global in the kingdom.
Shell Global is the largest operator of gas stations and car services in the world.
Shell Global will transfer the latest expertise to Saudi to provide the latest technology.
Restaurants and hotels that were decimated due to Covid-19 showed a strong recovery in May, adding 84,000 positions, the data...
The jobless rate held steady at 3.6 percent for the third consecutive month
Employers have struggled to fill open positions, which has pushed wages higher
UAE economy to improve in 2022 as the country's financial reserves reflect solid growth, a strong financial system and resilient...
The UAE in 2022 is keen on increasing the competitiveness of the private sector, said the Economic Advisor, Ministry of Economy.
The UAE government launched an economic stimulus package of AED 388 billion, said a senior official of the Ministry of Economy.
Egypt is expecting to rake in $3.5 billion in revenues from the Suez Canal during the first half of 2022,...
Revenues from the canal have increased by around 23 percent in May 2022, compared to the year earlier, to reach $657 million
Rabie attributed the high revenues to the growth of the global economy, the continued recovery of global trade, pricing policy and the Canal’s fee rise
The Taliban have tasked a United Arab Emirates firm with the security screening of passengers and luggage at Afghan airports,...
While some domestic and international flights are operating out of the capital's only airport, significant support is needed for major foreign airlines to resume a full service.
Abu Dhabi-based GAAC said it will manage screening at Kabul, Herat, Kandahar and Mazar-i-Sharif airports for the next three years.
Saudi Arabia's finance companies have provided a whopping $18.96 billion in personal finance loans to the kingdom's citizens during the...
The real estate loans increased by 1.3 percent to SR26 billion in the first quarter compared to the last quarter of 2021
Compared to the fourth quarter of 2021, the real estate loans for corporates recorded a higher growth rate at 4.74 percent against 0.72 percent increase that was seen in retail loa
Morocco's national regulatory agency overseeing the use of cannabis for medical use met for the first time Thursday in one...
Chaired by Interior Minister Abdelouafi Laftit, the "National Agency for the Regulation of Cannabis Activities" approved its organisation chart and budget for the year 2022
The agency will be responsible for controlling all stages of the production chain, from the import of seeds to the marketing of cannabis products