Business - TRENDS MENA

Speaking at the CERAWeek conference in Houston, Saudi Aramco Chief Executive Amin Nasser said that the current transition strategy is...

Saudi Arabia has signed an agreement with Lucid Motors to purchase a minimum of 50,000 electric vehicles and up to...
The Saudi sovereign wealth fund, also known as the PIF, owns a considerable stake in Lucid
The kingdom is setting up its first electric vehicle manufacturing plant in the country with Lucid
The spending through the month of April has been widespread, including a broader increase in sales volume and a diversification...
Saudi spending on travel, accommodation, and dining in restaurants rose by 37% in Ramadan 2022
Consumers in the MENA are predicted to spend US$ 6.2 bn online during Ramadan in 2022
The firm said its revenue grew 32 percent to 2.68 billion dirhams.
Its quarterly sales were AED 2.2 billion, driven by inclusion of SODIC’s strong Q1 performance and continued momentum in Abu Dhabi’s real estate market.
It expanded strategic land bank for development with a 6.2 million square meter plot acquired on Saadiyat Island during the second quarter.
Listed on the New York Stock Exchange for just under nine years, Twitter has posted a net loss every year,...
Musk is paying above $44 billion for the company, an amount dwarfed by Facebook's valuation of more than $500 billion.
Twitter's revenues are mainly derived from advertising rather than its user base, which isn't large enough to make up its finances.
The Saudi doctor still had 15 years left on the loan he used to build his family's "dream" home in...
The operation was part of a $20-billion clearance and construction project that stands to displace half-a-million people in Saudi Arabia's second city
Paused for the Muslim holy month of Ramadan, the demolitions are expected to pick up again in May
The total number of certificates of origin issued by the Ajman Chamber of Commerce and Industry (ACCI) during 2021 increased...
The products of ships and boats ranked first in the exports from Ajman, while fish products came in the second rank.
Ajman's exports to the top 10 countries during 2021 constituted about 65 percent of the total value of exported goods.
The report also claimed that the value of early-stage deals for startups in the region doubled from 2020 to 2021.
Startups based in the UAE attracted the highest value and number of investment deals in 2021
Saudi Arabia continued to hold the second position in value of deals, followed by Egypt and Jordan
The event, along with the Arab Women Forum, will be held at Palazzo Versace, Dubai, on May 17 and 18,...
Arab Women Forum, a platform to discuss achievements and share solutions for the women leaders of the region, is also making a comeback along with TOP CEO Conference and Awards
The TOP CEO awards are based on the rankings of all GCC-listed companies based on financial performance, size of a company, and corporate governance
Violence may rage elsewhere, but it's business before politics in the occupied West Bank town of Nilin where Palestinian merchants...
Nilin is no stranger to the realities of occupation -- a number of the town's residents have been killed in past clashes with Israeli forces
The Jewish state's separation barrier cuts through its western edge, and Israeli settlements, regarded as illegal under international law, dominate the surrounding hilltops
The top five most-booked destinations this year so far with dnata Travel include the Maldives, the UAE itself, Turkey, Mauritius,...
This year, 65 percent of UAE travelers opted for worldwide destinations, while 35 percent chose staycations, according to dnata
This is compared to 68 percent of travelers booking UAE staycations and 32 percent seeking international holidays in 2021