Business - TRENDS MENA

Sovereign Wealth Funds emerge as pivotal players, driving economic diversification and strategic cross-border partnerships, says Riccardo Molinari of Bain &...

The Australian state of New South Wales (NSW) displayed its agri-food innovation and manufacturing capabilities to strengthen further its ties...
New South Wales highlighted its prominent companies in agtech, food & beverages besides prime investment opportunities.
The event saw six NSW companies pitched their businesses to the buyers, investors, distributors and retailers present in the audience.
The Global Investor Consortium acquires 49pc stake in Aramco Gas Pipelines.
This lease and leaseback deal between the two companies was previously announced on December 6, 2021.
Global Investor Consortium is an international investor consortium led by affiliates of BlackRock and Hassana.
Lebanon's transport minister has said that Spain will finance a plan to revive the railway network that has been out...
Lebanon had a railway network since the end of the 19th century which connected Beirut to the Syrian capital Damascus.
It was built during Ottoman rule and inaugurated in 1895, operating until the devastating civil war begun 47 years ago.
A conference that brings together Emirati investors and Israeli public companies listed on the Tel Aviv Stock Exchange (TASE) will...
The conference is collaboration between the UAE Embassy in Israel, Tel Aviv Stock Exchange and the Dubai International Chamber.
Some of the TASE-listed companies that will participate include Altshuler Shaham, Amos Luzon Dev & Energy, Beeio Honey, Bezeq, Delek Drilling, Energix, Enlight Enregy, Epitomee.
The bank will arrange finances worth $541m for passenger transport.
The agreement comes as part of the UAE National Railways Programme, the largest land transport system of its kind in the UAE.
With the launch of the railway passenger services, the passenger trains will strengthen connectivity between the UAE by connecting 11 cities and locations in the country.
The Arab oil and gas producers are likely to close the gap that could arise from the disruption of oil...
The Arab oil and gas producers are likely to close the gap that could arise from the disruption of oil flows from Russia, according to the Institute of International Finance
The brent oil prices surged to US$100 per barrel for the first time in eight years after Russia attacked Ukraine
UAE’s biggest telecom operator Etisalat will now be called as e& after its rebranding on Wednesday, which was launched by...
The rebranding was launched by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.
Abu-Dhabi based Etisalat was founded in 1976 and it has operations in the MENA region and Asia, serving more than 156 million customers.
GASTAT data said the value of exports amounted to SAR106.3 billion ($28.35 billion) in December 2021.
The total value of exports amounted to SAR106.3 billion ($28.35 billion) in December 2021
This was up from the SAR65.3 billion ($17.41 billion) that Saudi Arabia had in December 2020
Deals worth more than AED2 billion ($544 million) were made by UAE’s Ministry of Defense during the fifth edition of...
This was the largest edition of this event in terms of exhibition area and exhibitors, with 134 exhibitors from 26 countries from around the world.
The Ministry of Defense’s deals on the third and final day of UMEX & SimTEX 2022 included deals with local companies valued at AED 51 million.
Mercedes saw the key measure rise 19.2 bn euros.
Mercedes, which changed its name from Daimler at the beginning of the month, saw the key measure rise $21.6 bn
The group's net profit increased almost six-fold to 23.4 billion euros from four billion euros in 2020