Economy - TRENDS MENA

Paris, France--Earth had its second-warmest March on record with Antarctic sea ice shrinking to its second-lowest extent, the EU's climate...
A report from the Copernicus Climate Change Service said temperatures were above average over southern and central Europe and below average over most of northern Europe
Climate scientists have been warning that global warming is causing sea ice to decline and sea levels to rise, and that dangerous tipping points could be reached
Beijing, China--French and EU leaders will on Thursday seek to make Europe's case for bringing an end to the conflict in...
The visiting French President Emmanuel Macron said that China had a "major role" to play in finding a path to peace in Ukraine
In a meeting with Chinese Premier Li Qiang, Macron highlighted the importance of dialogue between China and France
Dubai, UAE - National Bonds, the UAE’s Shari’a-compliant savings and investment company, saw another strong year soaring to an investment...
The strong growth in 2022 was attributed to several pioneering ideas and solutions, such as the Golden Pension Plan, Global Savings Club, and Sukuk Al Waqf
The Golden Pension Plan leverages the financial solutions provided by National Bonds to residents, to meet the demand from both employers and employees
Smart mobility solutions like self-driving cars, shared mobility, and adaptive traffic lights are set to transform Saudi cities, which are...
Smart mobility solutions like self-driving cars, shared mobility, and adaptive traffic lights are set to transform Saudi cities, which are focusing more on autonomous technologies
Innovative technologies are expected to save commuters in large cities with extensive public transportation up to 15 minutes per day, latest reports suggest
DUBAI, UAE - UAE Ministry of Human Resources and Emiratization (MoHRE) announced that the Unemployment Insurance Scheme has exceeded one...
The Unemployment Insurance Scheme covers employees in the federal government sector and the private sector.
The scheme provides low-cost job security net that supports the career path and living stability of employees in the UAE.
Dubai, UAE -- Fitch Ratings has recently upgraded its Saudi Arabia’s rating to 'A+' with a Stable Outlook. The agency...
The upgrade reflects the kingdom's strong fiscal and external balance sheets with large sovereign net foreign assets, Fitch said.
The kingdom will continue to progress with fiscal, economic and governance reforms, the agency added.
Dubai, UAE – Jordan’s Ministry of Finance and Central Bank Wednesday said they have completed the issuance of $1.25 billion...
The kingdom's finance ministry reduced the coupon rate by 25 basis points from 2022's issue of 7.75 despite the US Federal Reserve raising interest rates seven times since.
Jordanian media reports said the number of subscribers exceeded 230, including some of the largest global investment houses.
The World Trade Organization said 2023 global trade growth would be slightly better than feared, but would remain "subpar", weighed...
The forecast was slightly better than feared last October, when the WTO projected 2023 trade growth would be as low as one percent.
The organization's economists also estimated that real global GDP growth at market exchange rates would be 2.4 percent this year.
Asian indices drifted after losses on Wall Street, as data showing a softening in the US jobs market pointed to...
The central bank of New Zealand on Wednesday became the latest to hike interest rates sharply to tackle soaring inflation.
Gold climbed as high as $2,028.44, a level last seen in early 2022 and not far from a record $2,075.47 set in August 2020.
LSG Group is to be sold to private equity group Aurelius.
The airline giant had already sold LSG's European operations activities to Swiss-based Gategroup in 2019.
The Lufthansa group was brought to the brink of bankruptcy when the COVID-19 pandemic saw global air travel grind to a halt.