Business - TRENDS MENA

Johannesburg, South Africa -- Botswana and southern African peers that built much of their prosperity on diamonds are scrambling for...

AMMAN, JORDAN – A total of 35 Jordanian companies are taking part in Gulfood 2024, the world's largest annual food...
The Jordan Exporters Association is coordinating the country's participation in the event.
JEA is coordinating local participation in the exhibition for the 20th consecutive time.
Under the agreement, AI-generated content could be given a watermark or tagged in the metadata at source, although the signatories...
Among the 20 signatories of the deal, presented on the sidelines of the Munich Security Conference in Germany, were also X, as well as Snap, Adobe and Linkedin
The tech companies also said they would also work together to develop ways to "detect and address" deceptive election material on their platforms
Abu Dhabi, UAE - Since its launch in June 2022 through mid-February 2024, the Abu Dhabi Judicial Department's (ADJD) Auction...
The statistics highlight the growing popularity and effectiveness of the ADJD Auction App as a platform for buying and selling various assets remotely.
Counselor Yousef Saeed Alabri, Undersecretary of the Judicial Department, said that the smart Auction App revolutionized the bidding process for seized property in judicial cases
Two emerging construction processes gaining popularity, especially in the MENA region, are 3D printing of concrete structures and offsite construction....
Building codes evolve to support clean energy, innovative methods, and circular economy principles.
Emerging technologies like 3D printing and offsite construction optimize efficiency and sustainability.
In January 2024, MENA startup funding dropped 34% to US$ 86.5 million across 33 deals, with the UAE leading, followed...
In January 2024, MENA startup funding dropped 34% to US$ 86.5 million across 33 deals, with the UAE leading, followed by Egypt's recovery and Saudi Arabia's steady input.
Last month's funding spotlighted travel, fintech, health, and mobility sectors, with Pre-Seed and Seed stages leading, underscoring strong support for early-stage startups.
"The weakness of yesterday's US retail sales release have given market doves a new lease of life and allowed them...
Wall Street had leapt Thursday after the US Commerce Department reported a larger-than-expected 0.8-percent decline in retail sales for January
London equities also jumped as investors drew comfort from a contrasting January rebound in UK retail sales, one day after gloomy news that Britain entered recession
The British bank's net profit jumped to US$5.5bn in 2023.
The bank said that Paul Thwaite would become permanent chief executive in the wake of boardroom turmoil
Thwaite takes over from Alison Rose, who resigned as CEO in July after admitting a "serious error of judgment"
Riyadh, Saudi Arabia - The Saudi Ports Authority, Mawani, announced the completion of the Red Sea Gateway Terminal at Jeddah...
The gateway terminal has larger capacity, is equipped with the Optical Character Recognition (OCR) feature, and uses 146 different types of equipment
The development of Jeddah Islamic Port’s North Container Terminal is included in the Build-Operate-Transfer (BOT) contract
The global pipe maker invested US$60m in the business.
The new complex is expected to generate technical and administrative job opportunities for UAE nationals
The newly built complex represents the first of its kind in the UAE to thread full-length premium connections
The region is making significant strides in integrating AI into various sectors, promising substantial productivity gains and innovation, a latest...
The region is making significant strides in integrating AI into various sectors, promising substantial productivity gains and innovation, a latest report points out.
The Boston Consulting Group report reveals that 61% of Middle Eastern executives anticipate over 10 percent productivity gains from AI and GenAI in 2024.