Economy - TRENDS MENA

Abu Dhabi, UAE -- Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation...

TRIPOLI, LIBYA- Rivals in politically divided Libya have agreed to form a committee on sharing oil revenues, a move welcomed on...
The UN Support Mission in Libya said the financial oversight committee's "inclusive approach" will help enable "a level-playing field for candidates in the polls.
Ballots in Libya had been due in December 2021 but disputes including who should stand in the polls meant they were never organized.
ROME, ITALY - World cereal production is predicted to hit a record high in 2023-24, according to the latest Cereal...
FAO raised its 2023 global cereal production forecast to 2 819 million tonnes, indicating a 1.1 percent increase from the previous year.
The higher forecast almost entirely reflects better prospects for global wheat production, now pegged at 783.3 million tonnes.
PARIS, FRANCE - Greenhouse gas emissions from agriculture are expected to increase by 7.5 percent in the next decade, said...
Projected greenhouse gas emissions are less than half the projected output growth.
This output indicates a significant fall in the carbon intensity of agricultural production.
Mumbai, India--The UAE’s Minister of State for Public Education and Advanced Technology Sarah Al Amiri has urged the global community...
Al Amiri made the remark during her address to ministers at the G20 Research and Innovation Initiative Gathering (RIIG) in Mumbai
She said that the UAE will invest some $160 billion in the next 30 years to further develop and deploy green innovations
Tehran, Iran--Iranian President Ebrahim Raisi has claimed that health tourism in the country has attracted patients from neighboring countries and...
The Iranian president claimed that patients from Central Asia and Middle East have chosen Iran over Europe to come for medical treatment
In May, Iranian health minister said that last year more than 1.2 million foreign patients had been to hospitals in the Islamic Republic for various treatments
Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has exhorted community members to ensure that safety standards are always in place...
To improve the efficiency of electricity and water consumption in the emirate, DEWA has ruged customers to follow its tips and guidelines
Customers should switch off lights, use a timer for any floodlights in gardens and fences and shut off the water supply, recommends DEWA
"The office sector shines brightest in the real estate market. Saudi Arabia's rapid economic growth drives the demand," Faisal Durrani,...
Prime rents in Riyadh have risen by 19 percent in the last year, while in Jeddah, they have risen by about 9 percent
The main demand centers for office space in the kingdom are Riyadh and Jeddah, and Dammam Metropolitan Area
Abu Dhabi, UAE-- In order to protect natural rangelands and promote sustainable traditional grazing practices, the Environment Agency – Abu...
The introduction of the new policy by the agency will ensure the recovery of vegetation cover and promote the sustainability of biodiversity
The new regulation mandates that licensees should stay away at least 2km from protected areas, forests, residential, military and private areas
Moscow, Russia - Russia on Friday confirmed the reduction of oil supplies to markets by 500,000 barrels daily in August...
Earlier, Deputy Prime Minister Alexander Novak told reporters that Russia will slash oil supplies to markets in August through the reduction of exports
Saudi Arabia and Russia have recently announced their decision to extend cuts to oil production in an effort to bolster global oil prices
The number of domestic, international flights will rise.
This would be a 10 percent increase in the number of seats on a year-on-year (YoY) basis, the airlines said in a statement.
Saudi Arabian Airlines said that more than 4.2 million seats would be added to international flights.