Economy - TRENDS MENA

Stock markets largely steadied and the dollar rose with traders forecasting US interest rates to keep climbing following last week's...
January's rally for equities was halted as investors contemplate an extended period of high borrowing costs.
Leading Asian stock markets and London managed gains Tuesday after all three main indices on Wall Street kicked off the week with losses.
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has updated its strategic plan, adding achieving net-zero by 2050 to...
DEWA is steadily moving towards reducing its carbon footprint to achieve a sustainable net-zero carbon by 2050.
The production capacity of clean energy in Dubai is around 14 percent of total power generated.
ABU DHABI, UAE - The General Pension and Social Security Authority (GPSSA) of UAE has announced its key strategic objectives...
The authority said that it serve the community with utmost promptness and professionalism.
There are presently 95,935 Emirati employees working in 9,082 federal, government and private entities in the UAE, who are insured by the GPSSA.
Lebanese Banks Association is demanding a capital control law that would enshrine informal restrictions on withdrawals in hard currency and...
Lebanese Banks Association is demanding a capital control law that would enshrine informal restrictions on withdrawals in hard currency and Lebanese pounds
The Lebanese liquidity crisis first imploded in August 2019, and was further aggravated by both the COVID-19 pandemic in Lebanon and the 2020 Beirut port explosion
Hours after the earthquake killed at least 1,000 people and caused massive level of destruction in Syria, the UAE has...
According to the official media, Emirati Prime Minister Sheikh Mohammed bin Rashid Al Maktoum "directed urgent humanitarian aid to those affected in Syria"
The UAE said it was planning to establish a field hospital in Turkey and will also send search and rescue teams to Syria, along with urgent relief supplies and emergency aid
Israeli premier Benjamin Netanyahu says the 'reform', which will give Israel's parliament the power to override court decisions with a...
Israeli premier Benjamin Netanyahu says the 'reform', which will give Israel's parliament the power to override court decisions with a bare majority, won't impact the economy
Critics say the move will give unlimited power to cabinet and destroy Israel’s delicate system of checks and balances, They accuse Netanyahu of pushing the change to escape jail
For the 12th year in a row, Switzerland leads the ranks on the Global Innovation Index. South Korea was the...
The 2022 GII says it tracks the most recent global innovation trends against the background of the pandemic, slowing productivity growth and other evolving challenges.
It looks at whether stagnation and low productivity growth are here to stay, or whether we are about to enter a new era, where new innovation spurts.
The Rothschild family is set to take its investment bank private as its holding company announced plans to buy out...
The offer would be priced at 48 euros per share, or 19 percent higher than Friday's closing price, the holding said in a statement.
It is also 15 percent up from the all-time high reached in January 2022.
If the deal is sealed, it would be gold sector's largest acquisition.
Newmont's offer calls for the merged firm to be 70 percent owned by the Denver, Colorado-based company and 30 percent owned by the Australian firm.
Newcrest's share price rose 9.27 percent to $16.90 (A$24.53) on the ASX on Monday.
ABU DHABI, UAE - The Environment Agency - Abu Dhabi (EAD) has issued a policy on sustaining marine water quality...
The policy is part of EAD's efforts to maintain and sustain Abu Dhabi's marine waters and limit practices that can cause marine pollution.
The policy aims to develop relevant legislative and regulatory frameworks and halt discharges that may have adverse impacts on the marine environment