Economy - TRENDS MENA

While 2022 saw record levels of demand for commercial office space as a result of ‘Programme HQ’, 2023 looks set...
Pent-up demand from travelers and increased spending by residents led the post-pandemic recovery of the real estate sector in Dubai
The post-COVID recovery of the Saudi real estate sector is led by increasing tourist demand and government spending on infrastructure projects
The Gulf International Laboratory aims to localize industries, enhance local content and build capabilities to boost competitiveness of the Kingdom's...
The Gulf International Laboratory aims to localize industries, enhance local content and build capabilities to boost competitiveness of the Kingdom's economy
The laboratory is likely to save more than US$ 266.5 million in the field of testing energy devices by eliminating tests conducted outside Saudi Arabia
Riyadh, Saudi Arabia – The Saudi Arabia’s Ministry of Industry and Mineral Resources (MIM) and Standard Chartered Bank (SCB) have...
The MoU will assess the requirements for sustainable investment in the mining sector in Saudi Arabia as per the objectives of Vision 2030
The deal also aims at promoting knowledge transfer, tech enablement, job creation and implementation of Future Minerals Forum outcomes
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has announced the registration of a new patent for an adhesive...
The device distributes the adhesive material on the 3D printing plate, ensuring that the printed material sticks securely to the build plate.
DEWA's R&D Center is responsible for supporting innovation in all production and operational areas.
Brent, the international benchmark, and its US counterpart WTI, which had been down earlier in the day, jumped more than...
Russia is part of a 23-nation alliance with the OPEC crude cartel that already agreed in October to reduce output by two million barrels per day until the end of this year
An EU-wide ban on Russia oil products - like diesel, gasoline and jet fuel - came into effect Sunday alongside a Group of Seven (G7) price cap on the same items
The proceeds of the 10-year loan will be used to improve connectivity, transport, logistics, trade and to boost access to...
The proceeds of the 10-year loan will be used to improve connectivity, transport, logistics, trade and to boost access to energy across the African continent
Africa’s economic growth has been slowed by global supply chain disruptions and rising costs in the aftermath of the COVID-19 pandemic
As the number of companies operating in the industry expected to exceed 2,500, the sector is likely to create 450,000...
As the number of companies operating in the industry expected to exceed 2,500, the sector is likely to create 450,000 job opportunities in the Kingdom
Saudi Arabia also seeks to establish and develop recreational areas throughout the country, the most recent of which is the opening of the 'VIA Riyadh'
SHARJAH, UAE - The UAE's Ministry of Industry and Advanced Technology (MoIAT) and Sharjah Foreign Direct Investment Office (Invest in...
The aim of the MoU is to support sustainable economic growth within a supportive economic environment.
The MoU enhances cooperation between MoIAT and the Sharjah Foreign Direct Investment Office (Invest in Sharjah), through work and partnerships
DUBAI, UAE - As many individuals in the UAE face challenges in balancing work and family obligations, parent-friendly workplace policies...
Working families in the UAE often need to make difficult trade-offs to fulfill their commitments.
Research has shown that flexible working options are important to 90 percent of the UAE workforce.
SHARJAH, UAE - Financial innovation and technology trends in global financial services sector were in the spotlight during a panel...
Fintech and traditional financial institutions are intertwined and depend on each other.
Fintech reaches populations who may not have access to traditional banking system.