Business - TRENDS MENA

Its gross profit jumped 3.1% to US$137.25m in 2023.

Factors ranging from internet penetration to smartphone ownership to bank-account holdings, and more are coming together to make Saudi Arabia...
The GCC will have the fastest ecommerce growth in the MEASA region between 2019 and 2022
Ecommerce will help Saudi’s economic growth, with the domestic online market expected to reach $2 billion by 2025
Boeing currently supplies much of Qantas' domestic fleet.
Qantas Airlines committed to buying 20 Airbus A321XLR planes and 20 A220-300 jets from Airbus
Boeing currently supplies much of Qantas' domestic fleet
Demand for PV technology will increase in 2022, says Fahad Bin Omairah, CEO of Bin Omairah Holding Company.
Masdar is a state-of-the-art PV solar panels factory with a total capacity of 1.2 GW and a SAR700 million investment
Solar panel systems are now priced $1-1.5 per watt
Abu Dhabi Development Holding Company (ADQ) has established a new office in Egypt to build on its commitment to investing...
The opening of ADQ’s new office complements the $20 billion strategic investment platform launched in 2019 between ADQ and TSFE.
The platform aims to help advance Egypt’s economic development through joint strategic investment projects, specialized funds and investment tools.
Ras Al Khaimah Economic Zone (RAKEZ) has entered into a strategic alliance with the Commercial Bank of Dubai (CBD) to...
An MoU was signed by RAKEZ Group CEO Ramy Jallad and CBD CEO Dr. Bernd van Linder.
The agreement makes it convenient for RAKEZ clients to business bank accounts.
ADNOC announced on Wednesday "significant conventional oil, condensate and gas discoveries" of up to 1 billion barrels of oil equivalent...
Conventional oil, condensate and gas discoveries of up to 1 bn barrels reported from an exploration well in Abu Dhabi’s Onshore Block 4 Concession.
The oil giant said the next step is to appraise and further quantify these resources as well as to explore the potential in and around Onshore Block 4.
The new partnership between Harvard university’s Growth lab and the UAE’s Ministry of Economy is in line with the government’s...
The UAE signed agreement with Harvard’s Growth Lab, specialized in theoretical and empirical research on determinants of growth
The two-year program under the agreement will see academic experts conduct evidence-based economic analyses and research
TRENDS broke this news in October. The agreement will regulate the offering, issuance, listing and trading of encrypted assets of...
TRENDS broke this news in October. The agreement will regulate the offering, issuance, listing and trading of encrypted assets of the firm that is based in Seychelles.
Dubai is competing with Singapore, Switzerland, and other countries to become a worldwide hub for digital currency by developing a crypto-currency free-trade zone
The 18th edition of the show, organised by Messe Frankfurt Middle East, has exhibitors from 47 countries and 12 national...
The 18th edition of the show, organised by Messe Frankfurt Middle East, has exhibitors from 47 countries and 12 national pavilions
Industry analysts forecast the GCC’s automotive parts retail revenue will grow at a compound annual growth rate of 5.8 percent to US$6.84 billion in 2025
The region’s common economic, defense and security integration and unity and coordinating stances were reviewed at the 42nd GCC Summit.
They Gulf leaders seek to enhance solidarity and stability among GCC member states
The Supreme Council will hold its 43rd session under Oman’s presidency