Economy - TRENDS MENA

UNCTAD report '"Trade and Development Foresights 2025 – Under pressure: Uncertainty reshapes global economic prospects” cited mounting threats including trade...

FRANKFURT, GERMANY - More eurozone interest rate increases will be appropriate to tame high inflation if conditions remain as expected, the...
The ECB has hiked rates by 3.5 percentage points since July last year in an unprecedented campaign of monetary tightening.
The central bank holds its next meeting on May 4 and all eyes are on whether policymakers will implement another hike and by how much.
Diaverum is world’s third-largest provider of dialysis services.
Founded in 1991, Diaverum operates across 23 countries, with 440 clinics and over 13,000 employees.
It has a strong track record of clinical excellence, providing critical care to around 39,000 patients.
The emirate still remains at the top of the list of places to visit in the region because of the...
Several Arab Gulf countries are ambitiously trying to turn themselves into major tourist destinations, and some have already had considerable success
Dubai still remains at the top of the list of places to visit in the region because of the sheer diversity of products it has to offer and the infrastructure it has built
The economic zone supports over 18,000 SMEs and multinational corporations, providing them with simplified processes, customized packages, and digitalized services,...
The economic zone supports over 18,000 SMEs and multinational corporations, providing them with simplified processes, customized packages, and digitalized services, says Jallad
RAKEZ offers regular B2B networking opportunities, hosts workshops and seminars, and provides aftercare support to ensure businesses thrive in the UAE and beyond, he adds
Paris, France--Sales of new cars jumped last month in Europe, surpassing the level of one million for the first time since...
Italy posted 40.7 percent jump in car sales while Spain recorded 66.1 percent increase as sales rose in all EU nations
German carmaker Volkswagen reported high sales, with the group selling 275,753 vehicles across its various brands
The US airline posted a quarterly loss of US$194mn.
United Airlines said that its results were hit by higher costs, especially on salaries and for jet fuel
But the US carrier expects a rebound in demand for tickets in the coming summer months
The kingdom hopes that its regulatory incentives and strategic location would help it compete with the UAE, whose tax-free zones...
The kingdom's availability of natural resources, organizational changes, and a young population add to its attraction for the investors
The country has benefited from the rise in oil prices caused by the Ukrainian war and is expected to achieve the G20's highest growth rate
Baghdad, Iraq--Iraqi police arrested overnight almost 200 people in raids on illegal casinos where alcohol was served in defiance of the...
According to the interior ministry spokesman, the raids targeted four locations in Baghdad where games of blackjack and roulette were underway
In Muslim-majority Iraq public consumption of alcohol is frowned upon, although beverages can be readily purchased from liquor stores
With the cash-strapped country mired in an unprecedented economic meltdown, Lebanon's parliament on Tuesday put off municipal elections scheduled for...
Citing a lack of funds as the reason, deputy parliament speaker Elias Bou Saab warned last week that "holding municipal elections has become almost impossible"
Putting off polls was commonplace in Lebanon even before 2019, when the country plunged into an economic crisis described by the World bank as the planet's worst
BRUSSELS, BELGIUM - Environmental groups lodged a lawsuit against the European Commission on Tuesday to challenge its definition of natural gas...
The lawsuit over gas was launched by WWF, ClientEarth, Transport&Environment and the German NGO BUND.
Greenpeace, sued the EU executive separately for deciding that nuclear energy was worthy of its sustainable investment label.