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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

Beirut named most expensive city in Arab world

Lebanon's biggest ever economic crisis has raised the prices of basic necessities.
  • Cost of Living Index measures compares expenses an average person incurs on goods and services in different regions.
  • The Index is also used to track how much the costs of basic expenses rise over a period.

Prices of goods and services such as food, shelter, transportation, energy, clothing, education and healthcare differ across countries. Cost of Living Index is meant to compare the expenses on these goods and services an average person incurs in different regions. The Index is also used to track how much the costs of basic expenses rise over a period. The cost of living can impact a person’s choice in work and also directly impact a person’s ability to save for a home. TRENDS takes a look at the Cost of Living Index versus Local Purchasing Power Index in some of the Arab world cities: