Business - TRENDS MENA

Mexico-UAE bilateral trade has witnessed an approximate 38 percent upsurge in the past five years (2016-2020), a senior Mexican official...
The bilateral trade between 2016 and 2020 registered an average annual growth rate of 6.7 percent, from $511m in 2016 to $705.1m in 2020.
Mexico has the capacity to be a strategic partner for it in the agri-food sector, said Martha Delgado Mexican Vice Minister for Multilateral Affairs.
The Port is likely to save time and cost for the country’s trade.
The agreement enables DP World to begin construction within 12 months of Congo's first deep-sea port.
DP World will develop an initial 600-meter quay with an 18m draft, capable of handling the largest vessels in operation.
The Abu Dhabi Investment Office (ADIO) has connected with hundreds of global business leaders, entrepreneurs and innovators in a series...
A series of six inaugural events by its international offices discussed expansion opportunities to the UAE capital.
ADIO’s offices in London, Paris, Beijing, Seoul, New York and San Francisco each organized an event.
The Federal Authority for Government Human Resources (FAHR) has issued a circular to all federal ministries and authorities on the...
FAHR clarified that the official working week for federal government employees starts from Monday till Friday from 7:30am till 3:30pm daily
Additionally, federal authorities can activate remote working system on applicable jobs, provided that they coordinate with FAHR before implementing this system
The company's first venture capital fund exceeds initial target.
Chimera Global Fund I LP ("the Fund") is backed by a number of regional and global Limited Partners including Mubadala Investment Company
The Fund’s third and final funding round saw it exceed its initial US$65 million target in less than two months
Both will cooperate to build a gaming and esports ecosystem in UAE.
Part of the MoU is content creation, as well as support gaming initiatives and events in the UAE.
The gaming and esports markets in the MENA region are growing faster than anywhere else in the world, says the AD Gaming Director of Strategy.
Lockheed Martin has appointed retired U.S. Army Gen. John W. Nicholson as their new Chief Executive for the Middle East.
Nicholson led the PenFed Foundation, a non-profit organisation that provides U.S. military service members and veterans with support to improve their financial well-being
Bob Harward announced his intention to retire from Lockheed Martin at the end of this year after eight years of service
The National Centre for Statistics and Information says domestic guest have supported the Oman's hotels.
Domestic guests constituted the highest percentage of visitors in hotel industry of Oman
The occupancy rate of hotels in Oman rose by 36.3 percent
An online electronic platform named 'loubany', aimed at promoting Lebanon's economy and industry, will be launched in on 15 January...
The platform spells out its vision as 'Lebanese production, creativity, innovation and competence to reach the four corners of the world'.
The platform particularly addresses Lebanese Diaspora to support the Lebanese economic initiatives.
Two people were missing on Monday after two cargo ships collided in waters south of Sweden in the early morning...
Nine boats as well as a rescue helicopter were searching for the missing sailors in the cold water
The ships were sailing under British and Danish flags