Business - TRENDS MENA

The Saudi Arabia’s Ministry of Investment (MISA) announced on Friday that it has signed a Memorandum of Understanding (MoU) with...
Saudi Arabia and Amazon will form a joint committee consisting of members from each party that will meet twice a month to explore reforms across a range of areas
The committee will also work with relevant public sector entities to deliver support and incentive programs to accelerate the growth of digital services and e-commerce
The pavilion of Saudi Arabia in Expo 2020 Dubai has been awarded Best Pavilion by EXHIBITOR magazine.
The Saudi Pavilion has already won the Platinum Certificate in LEED by the US Green Building Council
It also holds three world records: the largest interactive light floor, the longest interactive water curtain, and the largest interactive digital screen mirror
Ex-employee says Google imposed ‘barriers’ on Black workers.
Ex-employee April Curley, hired by the tech giant in 2014, has contended in her suit that she was undermined at Google
She says she was ultimately fired for advocating reform of ‘barriers and double standards’ imposed on Black Google employees
The growth attributed to increased market share in key operating regions.
In 2021, Julphar reported EBITDA from Continuing Operations at AED164.8 million.
The Company’s profit after tax for full year 2021 reached AED59.4 million.
Shareholders of Ithmaar Holding have approved a plan to sell a few of the company's assets to Al Salam Bank.
The assets include Ithmaar Holdings’ ownership stake in both Bank of Bahrain and Kuwait and Solidarity Group Holding, as well as the consumer banking business of Ithmaar Bank
The holding company will retain a diversified portfolio of international and local financial and other assets, including banking businesses in Bahrain and Pakistan
Indian government officials on Friday defended the continued buying of Russian oil, saying European countries were still purchasing hydrocarbons from...
Indian oil refiners have in recent days reportedly purchased several million barrels of discounted Russian oil even as the West seeks to isolate Moscow economically
New Delhi, which historically has had close ties with Moscow, has called for an end to the violence in Ukraine but has stopped short of condemning Russia's invasion
Dubai Chamber of Commerce has announced the establishment of the Dubai Council for Wooden Ships, a new business group that...
The business group, operating as a non-profit body under the umbrella of Dubai Chamber of Commerce, will serve common interests and tackle sector challenges through cooperation
Joined by a wide variety of businesses in this sector in Dubai, the group provides a platform for member companies to share knowledge and policy recommendations
Dubai recorded $2.53 billion worth of real estate and properties transactions valued during the week ending Friday, according to the...
A total of 355 plots were sold for AED 1.33 billion, while 1,547 apartments and villas were sold for AED 2.96 billion.
Al Hebiah Fifth recorded the most transactions for this week by 244 sales transactions worth AED 521.52 million.
Myanmar junta Okayed the sale to Lebanese conglomerate M1 Group.
The Southeast Asian nation has been in chaos since a coup last year sparked huge protests and a bloody military crackdown on dissent, sending its economy into freefall.
In July, Telenor cited junta demands that it install monitoring equipment on the network as a reason for leaving the country.
The grants were approved at the 179th session of OFID’s Governing Board in Vienna.
The projects will reportedly, among other things, support economic recovery, help bring up new infrastructure, and boost food security
Overall, they are expected to benefit public-sector projects and promote sustainable development around the world