Economy - TRENDS MENA

The future of wealth management lies in hybrid models, combining AI’s data-driven precision with human empathy and ethical oversight. While...

Experts say the deals could be a win-win for all sides, but unlike old Gulf largesse of unconditional aid, the...
In under a year, the Egyptian pound has lost half of its value, propelling annual inflation in the import-dependent country to 26.5 percent in January
Of the $34.2 billion in Cairo's foreign reserves – a 20 percent drop from February 2022 - some $28 billion are deposits from wealthy Gulf allies
United Nations, US--The United Nations launched an appeal for $397 million on Tuesday to help earthquake victims in Syria, where the...
Secretary-General Antonio Guterres said the funds would bring "life-saving relief" for nearly five million Syrians and would cover a period of three months
The United Nations has already provided $50 million through its central emergency response fund
Abu Dhabi, UAE--Abu Dhabi today announced the inauguration of the bilateral linkage of the traffic systems between the UAE and...
The Kuwaiti delegation was briefed on the Security Support Operations Room of the General Directorate of Security Support
The linkup of traffic systems would be completed within an integrated Gulf project aimed at exchanging information, unifying procedures and facilitating the services
“Large numbers of boys and girls being out of school since the pandemic, failing to resuming their education as quickly...
The world needs massive attention across the public and private sector to efficiently address the successive crises besetting the globe, says a key UN official
Private sector must bring its core assets to the table to support the governments and international organizations, adds UNICEF Director Carla Haddad Mardini
Although the remittances grew by an estimated 5 percent in 2022, they were lower than the 10.2 percent increase in...
Remittances to low- and middle-income countries withstood global headwinds in 2022, growing an estimated 5 percent to $626 billion.
The growth was, however, lower than the 10.2 percent increase in 2021, World Bank Migration and Development Brief said in a report in Nov 2022.
LONDON, UK - The London stock market jumped to a record peak Tuesday in a positive open across Europe, after hefty...
The British capital's benchmark FTSE 100 index of top companies reached as high as 7,986.20 points.
In the eurozone, Frankfurt's DAX added 0.2 percent to 15,428.55 points and the Paris CAC 40 grew 0.3 percent to 7,231.64.
The consumer price index is forecast to have dipped to 6.2 percent last month from 6.5 percent in December, according...
After a bright January, traders have endured a shaky couple of weeks as they contemplate more Federal Reserve interest rate hikes aimed at cooling a still-robust economy
The main blow came from jobs report earlier in the month that led central bank officials to insist they will keep tightening monetary policy until prices are brought under control
The plan envisages that 55 percent of Dubai's population to live within 800 meters or less from public transport stations....
Dubai 2040 aims to provide sustainable and flexible mobility options to ease the mobility of people, says said Mattar Al Tayer
The plan envisages that 55 percent of Dubai's population to live within 800 meters or less from public transport stations, he adds
FY'22 turnover rose to $1.4 billion, up 65 percent YoY.
The average seat load factor – or passengers carried as a percentage of available seats – for the full year stood at a high 80 percent.
Air Arabia’s Board of Directors proposed a dividend distribution of 15 percent of share capital, which is equivalent to 15 fils per share.
Aim is to develop hydrogen-based mobility pilot project.
The MoU between DEWA and ENOC was signed at the World Government Summit 2023 in Dubai.
The project will utilize DEWA's existing green hydrogen production facility and ENOC's knowledge of the fuel market.