Economy - TRENDS MENA

With several markets still closed for the Easter holiday, business was limited ahead of a week that will see the...

Global equities mostly slid on auto sector woes and economic fears about the prospect of more interest rate hikes aimed...
The dollar fell against its main rivals and crude oil tanked more than two percent.
Europe's main equity markets were mostly lower after a mixed session in Asia.
STOCKHOLM, SWEDEN - EU lawmakers this week adopted new laws boosting Europe's climate change fight, but a parallel drive to protect...
Negotiations between the European Commission, EU member states and the European Parliament on the issue have run into difficulty over the details.
Scandinavian countries are worried about forestry sector, while others believe the scope of the text proposed by the commission goes too far.
GENEVA, SWITZERLAND - The World Trade Organization (WTO), the World Bank Group (WBG) and the World Economic Forum (WEF) on...
The initiative Action on Climate and Trade (ACT) . which starts with a pilot phase, will focus on working with participating developing economies.
ACT will provide participating economies with tailored insights so that they can plan for the impacts of climate change on trade.
The European Parliament approved the comprehensive rules to regulate the "Wild West" world of cryptocurrencies, hoping to protect investors against...
Under the regulation known as Markets in Crypto Assets (MiCA), cryptoasset service providers (CASPs) must protect customers' digital wallets.
Large providers will also have to disclose their energy consumption as part of the EU's efforts to reduce cryptocurrencies' high carbon footprint.
A grim UNICEF report warns of a potential outbreaks of polio and measles in children who didn't get vaccinated because...
Africa and South Asia were the hardest hit as vaccine coverage among children declined in 112 countries and the percent of children vaccinated worldwide slipped 5 points
Each year immunization saves 4.4 million lives, a number the United Nations figures could jump to 5.8 million by 2030 if its ambitious targets to leave "no one behind" are met
Seeking a "durable way forward" for the war-scarred Afghanistan, the UN Secretary-General Antonio Guterres is convening an international meeting in...
In the wake of a ban on Afghan women working for the world body, the UN mission in Afghanistan has begun an assessment of its operations
The Doha meeting announcement follows the UN estimate that the number of Afghans in poverty has nearly doubled to 34 million since the Taliban takeover
In one of the deadliest stampedes in a decade, more than 80 people died and hundreds were injured at a...
The incident occured inside a school where aid was being distributed among hundreds of people gathered to receive handouts
According to the UN, more than two-thirds of the population lives below the poverty line, including employees who have not been paid in years
The warning from the boss of the financial giant follows the dollar having already dropped 10 percent from its peak...
The warning from the boss of the financial giant follows the dollar having already dropped 10 percent from its peak hit last year
He warns that there is a transition underway from a bull to a bear cycle for the dollar and that this will impact the global investment environment
Dubai, UAE -- The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) Wednesday announced a new $100...
DCT said the fund will support building and establishing a Culinary School to aid with recruitment, training, and other staffing resources in the sector.
The first two recipients of the new Abu Dhabi Culinary Investment Fund would be announced in the coming months.
Firms will work together on nuclear, renewable energy.
The two firms seek to address global challenges by adopting innovative solutions in health sciences and nuclear and clean energy.
The MoU comes as part of the UAE’s Year of Sustainability in preparation for the country's hosting of COP 28 to promote environmental sustainability.