Economy - TRENDS MENA

ABU DHABI, UAE - UAE Ministry of Culture and Youth (MCY) participated in the First G20 Culture Working Group (CWG)...
G20 members, invited countries and international organizations attended the meetings of the Culture Working Group.
The meeting discussed the challenges and opportunities in the cultural ecosystem on a global scale.
Ahmed Al Khateeb, the Saudi tourism minister and board chairman of the Saudi Fund for Development, signed an agreement with...
The decision, which will shore up Turkey's foreign reserves and help it combat inflation, was made on the order of King Salman and Crown Prince Mohammed bin Salman.
Turkey was already suffering from skyrocketing inflation and a weakening currency before last month's massive 7.8-magnitude earthquake.
Lebanon opened its probe following a request for assistance from Switzerland's public prosecutor probing more than $300 million in fund...
The 72-year-old central bank governor is the subject of several domestic and international investigations over suspicions of money laundering.
The governor denies all accusations against him and has rarely appeared before the judiciary, despite numerous complaints and summonses.
Young women in the MENA region are more likely to be in the workforce, while the GCC countries — particularly...
A PwC survey last year found that a large group of younger women are more likely to go to work and remain in employment to fulfil their ambitions in MENA region.
Saudi Arabia has witnessed a 35.6 percent increase in the women's economic participation. Still, the gender gap in leadership roles is huge.
DUBAI, UAE - The Dubai Land Department (DLD) has launched the Instant Sale feature, which utilizes smart evaluation technology in...
The aim of the new feature is to streamline procedures and improve the experience of DLD's customers.
The feature requires all parties to be present at the real estate registration trustee office to sign contracts.
Dubai, UAE-- The UAE and Oman have signed an agreement to enhance cooperation in order to preserve environment and encourage...
Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, paid a visit to Oman to enhance cooperation in fish farming and achieving net-zero targets
Almheiri said that the UAE seeks to encourage the implementation of eco-friendly solutions to address environmental challenges
Cairo, Egypt - Egypt’s foreign exchange reserves rose $127.9 million by the end of February to $34.352 billion, compared to...
Foreign currencies in Egypt’s foreign reserves include the US dollar, euro, Australian dollar, Japanese yen and Chinese yuan
Egypt's economy has come under pressure over the past year, with the Egyptian pound tumbling and foreign currency drying up
The opening day of general debate at the once-in-a-decade summit saw no major announcement of desperately needed cash - apart...
Many made pointed calls for the developed powers to come good with billions of dollars of promised aid to help them escape poverty and battle climate change
Central African Republic's president told the UN Least Developed Countries meeting in Doha that his resource-rich but impoverished nation was being "looted" by "Western powers."
The UAE has utilized advanced technologies to develop capacities and meet the growing demand in these sectors. Additionally, the country...
The ambitious economic initiatives and programs launched by the UAE in the past few years aim to enhance the country's capacity to address new economic concepts
The Gulf country has adopted economic diversification policies that move away from oil, providing sufficient flexibility to address current economic challenges
Pact is likely to help enhance Kingdom's non-oil exports.
The agreement was signed during a ceremony held at the Saudi EXIM Bank headquarters in Riyadh
It aims at knowledge exchange, finance and investment opportunities in Saudi Arabia and China