Economy - TRENDS MENA

Equities enjoyed a strong run-up last week, partly on the back of hopes that Beijing would unveil a raft of...
Tokyo, Hong Kong, Shanghai, Seoul, Mumbai, Singapore, Taipei, Manila, Jakarta, Bangkok and Wellington were all down, though Sydney rose
Pound will be in view this week as the Bank of England holds its latest policy meeting, with expectations for another hike to battle persistently high inflation
Montreal, Canada--The UAE General Civil Aviation Authority (GCAA) and the International Civil Aviation Organisation (ICAO) has signed a joint cooperation agreement...
The meeting between the two sides discussed training collaboration that aims to support a safe, secure, and sustainable development of the global air transport
The GCAA and ICAO delegations also reviewed joint initiatives, the most notable of which is Fujairah Air Navigation's accession to ICAO's TRAINAIR PLUS Program
Muscat, Oman - The small and medium-sized enterprises (SMEs) are playing a critical role in ushering in Oman's shift towards...
A growing number of Omani SMEs are actively transforming their business models to embrace sustainable practices
The SMEs account for 90 percent of firms worldwide and consume 13 percent of energy used by businesses
The boost in foreign trade comes on the back of the signing of the comprehensive economic partnership agreements that the...
The UAE until now has forged comprehensive economic partnership agreements with four nations: Turkey, Israel, Indonesia and India
Dubai Customs provides a range of commercial and customs services to traders and investors from countries that have signed CEPA with the UAE
DUBAI, UAE - Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of...
Sheikh Mohammed inaugurates 5th phase of Mohammed bin Rashid Al Maktoum Solar Park.
The fifth phase of the project will provide clean energy will reduce 1.18 million tonnes of carbon emissions annually.
Results were due to a fall in insurance services expenses.
Net investment income rose to US$1.2 million (SAR 4.6 million) from US$1 million (SAR 4 million) in Q1 2022.
The insurance services provider reported a rise in other income to US$4 million (SAR 15 million) in Q1 2023.
DUBAI, UAE - Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has launched its...
Dubai's Venture Capital Ecosystem provides an overview of the investor landscape backing start-ups and scale-ups in the MENA region.
Dubai Chamber of Digital Economy is tasked with attracting leading tech firms, start-ups and scale-ups that can support the Emirate's digital ambitions.
Cairo, Egypt--The Arab League has called for efforts to confront drought and desertification in light of number of Arab countries...
The statement from Arab League came on the occasion of the 29th World Day to combat desertification and drought, themed "her land, her rights"
The Arab League, according to the statement, will concentrate on women's land rights as a vital part to achieve the global goal of gender equality
Foreign currency reserves, representing 94 percent of total assets, fell nearly 2 percent year-on-year in May to SAR 1.56 trillion...
The other major currencies held by Saudi Arabia include euros, Japanese yen, and British pounds. Special drawing rights (SDRs) grew 1 percent YoY.
SAMA uses the country's reserve assets to support the Saudi riyal, to finance the government's budget deficit, and to invest in foreign assets.
St. Petersburg, Russia-- The UAE is seeking to strengthen economic cooperation with many countries in the world in order to...
The ruler of Ras Al Khaimah was speaking at the opening session of the St. Petersburg International Economic Forum 2023 as the representative of the UAE
He drew attention of the audience to the efforts being accelerated in the UAE to enhance prosperity and deepen stability, as well as diversify non-oil revenues and investments