Business - TRENDS MENA

Dubai’s real estate market recorded 368 sales transactions worth $247.66 million and mortgage deals of $48.27 million.
Mortgage deals worth $48.27 million was also recorded in Dubai
This was in addition to 70 gift transactions amounting to $34.5 million
Moroccan truck drivers are observing a three-day strike in protest at spiraling fuel costs, a union said Tuesday, as oil...
Around three quarters of drivers are observing the strike, said Mounir Benazouz of the SNPTR truckers' union
The government of Prime Minister Aziz Akhannouch has for weeks been facing growing unrest over mounting living costs
Libya's National Oil Corporation said Tuesday that an armed group blockading two major oil fields had lifted its siege and...
The NOC had announced the suspension of production on Sunday at the vast Al-Sharara and Al-Fil fields after gunmen closed pipelines to the coast
Libya, which sits on Africa's largest crude reserves, has been rocked by 11 years of conflict since a NATO-backed revolt toppled and killed dictator Moamer Kadhafi
Moody’s has depicted a bleak outlook for sukuks in the current year because of a spike in oil prices and...
However, the risk assessment firm expects Islamic finance to grow even more in 2022 as economic recovery continues in the GCC
According to Moody’s, Islamic fund AUM continued to grow robustly in 2021 as the economy improved and equity markets performed well
Saudi Arabia's first World Defense Show has seen the signing of 22 industrial partnerships with domestic and international defense companies...
General Authority for Military Industries (GAMI), which is also the regulator of the Kingdom’s defense sector, said that the deals cover a broad range of activities.
GAMI is the founder of the World Defense Show and the defense industries sector’s regulator.
The White House said Monday that a US delegation held weekend talks in Venezuela with the government of President Nicolas...
US has broken it's diplomatic relations with Nicolas Maduro, imposed sanctions on Caracas in a bid to force Maduro from power in 2019
Venezuela President has assured Vladimir Putin of his "strong support" in the wake of the invasion
Saudi military industries authority approved two projects to produce launchers and other equipment used in the THAAD anti-missile defence system.
Saudi Arabia has signed defence deal with the US firm as the kingdom aims to manufacture 50 percent of its defence needs by 2030
In 2019 when KSA was in conflict with Iran, US had deployed THAAD and Patriot defence systems in Saudi Arabia
The group’s net profit stood at AED216 million in 2021.
Net profit stood at AED216 million ($58.82 million) compared to AED34 million ($9.26 million) in the previous year
Of this, AED83 million ($22.6 million) of one-off costs were incurred as a result of a strategic review of the company's balance sheet
It will help DNI assess people and companies’ financial position.
The MoU reportedly underlines DNI’s commitment to transparency within the financial sector
With it, the insurer apparently aims to serve customers better and secure shareholders’ interests
In the wake of International Women’s Day, TRENDS highlights how courageous Arab women are making a difference in the business...
The UAE ranked first in the MENA region when it came to women-friendly policies and programs
GCC countries strive to increase opportunities for women and encourage them to pursue careers in business and technology