Economy - TRENDS MENA

UAE minister said that the emirates will continue its efforts to build partnerships with strategic global markets under the country’s...
The trade and investment exchanges between the two countries continue to grow as the non-oil trade reached $58.7 million in 2022
The UAE’s investments in Costa Rica span sectors such as IT, tourism, retail, advertising, media, real estate, renewable energy, air transport, and logistics.
The kingdom witnessed 6.2 percent non-oil real GDP growth, the highest since 2012 and higher than the 5 percent annual...
The kingdom also reported a drop in deficit to GDP to -1.1 percent, a drop in debt to GDP to 100 percent and a primary surplus of 3.3 percent.
The Economic Recovery Plan is one of Bahrain’s biggest programs, with over $30 billion catalyzed for investment and reforms made to improve ease of doing business.
Families have buckled under the weight of inflation, which hit 32.9 percent in February as Egyptians tried to fill their...
For many families, Ramadan boxes of food staples or daily charity iftar meals, organised in droves across the country are their only chance to eat meat or chicken
Before Ramadan began, the charities upon which tens of millions of Egyptians depend raised the alarm that they were struggling to meet more people's needs
The charge sheet accuses Binance of failing to uphold standards that are required of a company operating as a derivatives...
CFTC chairman said the charges against Binance were part of a campaign to find and stop misconduct in the volatile and risky digital asset market
The allegations targeted Binance founder Changpeng Zhao, also known by his Twitter handle CZ, and three entities that make up his crypto empire
Moscow, Russia--Russian oil sales to India surged more than twentyfold last year as European buyers turned to other markets following the...
When EU nations began ending thier reliance on Russian energy supplies, Moscow shifted its oil exports to India and China
Compared to last year, Russia's oil-export revenue dropped by almost half in February, according to the International Energy Agency
Doha, Qatar--Qatar's bourse intends to open a new derivatives market that will allow investors to trade options and futures on...
The country's financial regulator has issued a new regulatory framework for listed derivatives after a long consultation with investors and market participants
Qatar is now focused on building its equities market by opening it up to a wider investor base and introducing more listings
Riyadh, Saudi Arabia--A bus ferrying pilgrims to the holy city of Mecca burst into flames after a collision on a bridge...
According to state media the bus was carrying pilgrims to the holy city of Mecca when it burst into flames after a collision on a bridge
Al-Ekhbariya channel reported that the victims had "different nationalities" but did not mention them or provide a breakdown
The stock rocketed to AED3.7 from an offer price of AED1.34.
Its initial public offering (IPO), which was oversubscribed 136 times, received total gross demand amounting to US$25.8 billion
The company's listing gives investors a chance to buy shares in the region’s leading international big data analytics company powered by AI
Abu Dhabi, UAE - The Technology Innovation Institute (TII) said Monday its AI and Digital Science Research Center (AIDRC) has...
The Technology Innovation Institute's AI and Digital Science Research Center will partner with Mohamed bin Zayed University of Artificial Intelligence.
Over a period of three years, the researchers will work on developing advanced AI models for cybersecurity and smart city applications.
Created by US startup OpenAI, ChatGPT appeared in November and was quickly seized upon by users amazed at its ability...
Europol said the criminals may use phishing, disinformation and malware to do more online frauds.
ChatGPT can also be used to write computer code, especially for non-technically minded criminals. the agency said.