Economy - TRENDS MENA

The surplus for Q4 2022 was 3.18 billion, compared to a deficit of $0.90 billion in the same quarter of...
The surplus for Q4 2022 was 3.18 billion, compared to a deficit of $0.90 billion in the same quarter of 2021
Total revenues for the quarter came in at$18 billion, compared to $14 billion in the same period last year
The EU measure will last for six months and was taken "in view of the gravity of the humanitarian crisis...
Aid organizations will no longer need to seek permission from EU member state governments before sending supplies to sanctioned entities in Syria
EU pointed out that it and its member states have contributed a total of $26 billion to Syria and to refugee-hosting neighbors such as Turkey since 2011
At the time of the approval, the budget was estimated to hit a deficit of QAR 8.3 billion. "The deficit...
Qatar's budget surplus for Q4 of 2022 (October to December) was QAR11.6 billion, compared to a deficit of QAR3.3 billion in the same quarter of 2021
Total revenues for the quarter came in at QAR 65.1 billion, compared to QAR51.5 billion in the same period of last year
The third meeting of the Higher Committee of the Industrial Partnership for Sustainable Economic Development will take place in Jordan's...
The third meeting of the Higher Committee of the Industrial Partnership for Sustainable Economic Development will take place in Jordan's capital Amman
The member states will collaborate to grow their respective industrial sectors by integrating resources and industries and leveraging competitive advantages
New tracks have been launched in the Gulf common market to supplement the 10 current tracks. The bloc also seeks...
New tracks have been launched in the Gulf Common Market to supplement the 10 current tracks. The bloc also seeks collaboration with the private players in the region
The "third phase" of the statistical survey was also reviewed during the meeting to assess the implementation of the GCC Common Market plans on the ground
Turkey was already battling runaway inflation and relying on wealthy allies to keep its economy afloat when the massive earthquake...
A prominent business group has estimated there was some $84 bn in quake damage, but estimates from other experts are more conservative, putting the total closer to $10 bn.
When the quake hit, Turkey's official annual inflation rate had slowed to 58 percent from a two-decade high of 85 percent last year.
A report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI), said although global investment in renewable...
The report emphasizes how lending to developing countries looking to deploy renewables must be r highlights the need for public financing to play a much stronger role.
Achieving an energy transition in line with the 1.5°C Scenario also requires the redirection of $0.7 trillion per year from fossil fuels to energy-transition related technologies.
The massive 7.8-magnitude tremor on February 6 has killed more than 42,000 people in Turkey and more than 3,600 in...
The WHO said it was capitalizing on the suspending of sanctions to carry out some rapid procurement and revitalize Syria's shattered health services
The UN health agency called on Syria's warring factions to see the earthquake as an opportunity to end the civil war for good
The bilateral ties between the two countries were further strengthened after the inauguration of the UAE Embassy in the Azeri...
The UAE and Azerbaijan have deep-rooted ties and are keen to expand their bilateral trade, says envoy Mohammed Murad Al Balushi
The bilateral ties between the two countries were further strengthened after the inauguration of the UAE Embassy in Baku in 2011, he adds
Dubai, renowned for its towering skyscrapers and ultra-luxury villas, saw record real estate transactions in 2022, largely due to the...
Property prices in the prime locations of Dubai have jumped by 44 percent in 2022 compared with the year before, said real estate consultancy Knight Frank
Russians, fleeing the impact of sanctions after their country's invasion of Ukraine. were the biggest foreign buyers on Dubai's property market last year