Business - TRENDS MENA

The total number of factories that began actual production in Saudi Arabia reached 261 in March, with investments reaching $1.6...
With the new licenses, the total number of factories across the country is now 10,489
Meanwhile, the total number of workers in these licensed factories stands at 3,497
Buna and PAPSS will act as payment gateways that link the Arab region to the African continent
Buna and PAPSS will act as payment gateways that link the Arab region to the African continent
The collaboration will support the growth of trade and investments between the Arab region and Africa
Britain's competition authority had stopped the FB-Giphy merger.
Created in 2013, Giphy — a platform and search engine for GIFs — has some 700 million daily users
Britain’s competition authority found Meta’s proposed takeover of Giphy would give it too much market share
Certain FMCG companies benefited from the pandemic since people spent more time at home baking and spending time together. As...
Rising worldwide raw material and transportation costs have put pressure on FMCG profits
The current global issues caused by rising oil prices is also impacting consumers and prices
Global stock markets slid Friday after the Federal Reserve warned of an aggressive tightening of monetary policy to tame runaway...
Frankfurt and Paris stocks were down almost two percent in late afternoon deals while London lost one percent
In Asia earlier, Tokyo stocks slid more than 1.5 percent even as inflation data from Japan was in line with market expectations
The company said it added about $653m to Abu Dhabi's economy.
The company said it made significant investments and expanded its mandate to the leisure tourism sector, which contributed to a strategic approach to diversifying the portfolio.
In collaboration with SEHA, ADNEC was a key player in delivering critical support for Abu Dhabi and the UAE in mitigating the impact of COVID-19, the company said.
The stock exchange established Shariah Advisory Committee.
The committee consists of representatives from the Kingdom’s largest financial institutions, who will work towards a unified Shariah-compliant rulebook
The committee will also undertake the responsibility of overseeing and approving the list of Shariah-compliant listed companies on a periodic basis
About 2,145 real estate and property transactions worth AED 6.3 billion ($1.71 billion) were conducted in Dubai during the week...
A total of 250 plots were sold for AED1.12 billion, and 1,436 apartments and villas were sold for AED3.2 billion.
The top transactions were a land sale in Hadaeq Sheikh Mohammed Bin Rashid for AED96 million, and another plot of land that was sold for AED52.5 million in Palm Jumeirah.
More than a dozen Chinese coal power projects overseas were cancelled after a ban last year on funding such plants,...
China is the world's biggest emitter of the greenhouse gases driving global warming
The cancelled projects would have generated 12.8 gigawatts of electricity -- or the total power generation capacity in Singapore, the think tank added
The so-called "poison pill" Twitter has proposed to use against Elon Musk's potential hostile takeover is a mechanism with a...
To halt a takeover, the board plans to activate the pill if the Tesla CEO comes to own more than 15 percent of Twitter
The "poison pill" was invented 40 years ago by business lawyer Martin Lipton to counteract a wave of hostile takeovers on Wall Street