Business - TRENDS MENA

The total real estate trading volume in Jordan by the end of March reached JD 1.414 billion ($1.6 billion). The...
Iraqi investors ranked first with a total of 202 real estate sales and Saudi second with a total of 194 sales among non-Jordanian investors.
Real estate sales in Amman were distributed over 6,077 apartments and 8,265,000 plots of land.
The Saudi dairy company recorded 9% jump in net profit.
The Saudi dairy giant posted the jump in profit for the first quarter of 2022 on the back of higher revenue
Results were attributed to a hike in revenue of 23.6 percent and gross profit of 7.8 percent, even as selling and administration expenses went up
Abu Dhabi has allowed Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, to operate as a broker-dealer in virtual...
The company has received approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM)
Upon the successful completion of its ADGM FSRA application, Binance will then be able to offer its services regarding virtual asset offerings to customers across the MENA region
Axiom sees the voyages as the first steps of a grander goal: to build its own private space station. The...
NASA join hands with Axiom and SpaceX to focus on more ambitious voyages deeper into the cosmos
ISS will carry out 25 research projects, including an MIT technology demonstration of smart tiles
Countries like the UAE, Saudi Arabia, and Oman appear on track to take giant strides in diversifying their portfolios when...
Across the greater MENA region, Yemen, Jordan, Turkey, and Morocco have generated more than 10 percent of their power from solar and wind
However, things appear poised to change very soon, with several projects that may improve the region’s overall renewable outlook
He also called out users who are highly followed but rarely post.
Tesla founder Elon Musk recently disclosed that he had acquired a more-than-9-percent stake in Twitter
This made him Twitter’s largest shareholder, and so the social media company named him to the board
Incumbent brands need small-brand deals to recapture top-line growth and boost total shareholder return. While challenging to get right, these...
Despite an overall annual market growth of 4% from 2012 to 2019, the 30 largest consumer goods companies grew less than 1%, a growth gap further widened by Covid-19
Prior to the pandemic, insurgent brands captured more than 30% of the growth across the categories in which they exist, despite accounting for only 3% of the market share
The GCC's main indices closed higher toward the end of week, spurred by higher oil prices. The Saudi index "TASI"...
The Saudi index "TASI" reached 13,314 points, achieving an increase of 0.4 percent on Thursday, its last trading day
the Dubai index increased by 0.2 percent during the week as the sentiment cooled
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has said that the Abu Dhabi's markets are completely free of...
The Authority's inspectors checked Abu Dhabi's markets to ensure whether suspected products were identified in the alert or not
It also coordinated with suppliers and food facilities and contacted the local agent "Ferrero" in UAE
Credit rating agency S&P Global Ratings on Saturday downgraded Russia's foreign currency payments rating to "selective default" after Moscow paid...
The agency does not expect investors to be able to convert the ruble payments to dollars equivalent to the amounts originally due
Russia's finance ministry on Wednesday announced it had made a payment of almost $650 million due on April 4 in rubles