Economy - TRENDS MENA

Other Gulf markets also took a dive, reflecting global trends as countries around the world grapple with Trump's shock tariffs...

Vienna, Austria – The Organisation of the Petroleum Exporting Countries (OPEC) projected oil demand to grow by a healthy 2.3...
The world economic growth forecast for 2023 is expected at 2.6% y-o-y, following growth of 3.2% in 2022
On crude oil futures prices, OPEC said, the prospect of oil demand recovery in China limited futures price losses
Tokyo, Japan--The UAE and Japan are looking to increase economic, trade and investment cooperation, and explore new economic opportunities of...
Al Zaabi exhorted Japanese companies to utilize opportunities in Abu Dhabi and benefit from the UAE's position as a gateway to the Middle East, Africa, and South Asia
Kodaira said that the meeting comes at a time when Japan and the UAE are beginning a new half-century of economic cooperation in different fields
The Kingdom is analyzing the new work structure to enhance job creation and make the labor market more appealing to...
The Kingdom is analyzing the new work structure to enhance job creation and make the labor market more appealing to domestic and foreign investors, reports suggest
If Saudi Arabia follows suit, it would be the second Arab country after the UAE to institute a shortened workweek. At present, the Kingdom applies a system of five working days
Morocco has joined the bid by Spain and Portugal to host the centenary World Cup in 2030, according to its...
South Korea and Japan in 2002 shared the competition, and in 2026, the finals will be played in the US, Mexico and Canada
Morocco, in December in Qatar, became the first nation from either Africa or the Arab world to reach the semi-finals
US consumer inflation edged down in February but remains elevated, according to government data, adding pressure to the Federal Reserve...
Between January and February, the consumer price index rose 0.4 percent, slowing from the month prior as well.
The food index in February remains nearly 10 percent above last year's level, with prices of dining out still high.
All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero...
All industries and businesses should focus on net zero emissions, nature positivity, net zero business and eventually a net zero world, Salesforce chief Marc Benioff tells TRENDS
Benioff advocates for global commitment to green initiatives, net zero emissions, and has expedited One Trillion Tree initiative to tackle climate change
Consultations to prolong Ukrainian grain exports deal are continuing, the UN said, after a Russian proposal for just a 60-day...
Russia had agreed to extend the deal which is due to expire on Saturday, for 60 days.
Ukraine said that "contradicts" the original agreement but did not reject the proposal.
New Delhi, India - The GDP of the UAE went up by 7.6 percent in 2022 and the FDI inflows...
The country’s non-oil foreign trade also witnessed unprecedented growth as it crossed the $0.5 trillion and $59 billion mark, Bin Touq said
Economic fragmentation is likely to cost us dearly because the greater the fragmentation of trade, the greater the economic costs, he added
DUBAI, UAE - The UAE Regulations Lab has issued a license for an electric cargo aircraft to promote eco-friendly transportation...
The license aims at reducing carbon emissions by encouraging the adoption of clean energy and leveraging technology.
It also aims at using innovation to redefine the logistics sector's future and its impact on the environment and climate.
Officially pegged at 15,000 to the dollar, the pound was trading at 100,000 against the greenback, dealers said -- a...
The currency plunge has triggered price hikes including on fuel, food and other basic goods, with supermarkets this month starting to price items in dollars.
Despite the gravity of the crisis, the political elite, which has been widely blamed for the country's financial collapse, has failed to take action.