Economy - TRENDS MENA

Washington, United States -- Mounting trade wars between the United States and its largest economic partners deepened Tuesday as huge...

ABU DHABI, UAE - The US Department of the Treasury’s Under Secretary for Terrorism and Financial Intelligence Brian Nelson led...
Officials from both the countries reiterated their commitment to the continued dialogue between the two sides.
They agreed to exchange respective experiences on efforts pertaining to Virtual Assets and Virtual Asset Providers (VASPs), supervisory efforts.
Dupixent drug has been a huge success for the firm.
Sanofi is aiming for US$10.9 billion in sales of Dupixent this year.
The company's net profit rose by eight percent in 2022.
MUNICH, GERMANY - The heating plant in Munich's southern Sendling neighborhood has been run for more than a century on gas,...
Munich is pouring in US$1.1 billion through 2035 to develop the geothermal energy and make the city's heating carbon neutral.
Reliable and sustainable geothermal energy seems like the perfect alternative to gas.
Cairo, Egypt---Thousands of Egyptian bibliophiles weave through a labyrinthine display of books, reviving an annual tradition at the Arab world's largest...
The 54th Cairo International Book Fair was overshadowed by a punishing economic crisis that has seen Egypt's currency halve in value and prices skyrocket in the past year.
To incentivize readers, Egypt's publishers' association has encouraged sellers to give the option of buying books in instalments through popular buy-now-pay-later services.
After almost three years of stringent health restrictions, Beijing in December abruptly ended the zero-Covid policy that had battered the...
The IMF on Monday revised its 2023 growth forecast for China up to 5.2 percent, after upgrading its global growth forecast partially based on the country's reopening.
China's population shrank last year for the first time in more than six decades and seen birth rates plunge to record lows as its workforce ages.
Suliman Farajat, chairman of the PDTRA, stated that tourism in the red-rose city swiftly rebounded from the Covid pandemic impact...
In January 2019, a total of 56,559 people visited Petra, while in January 2022, the lost city welcomed 30,287 visitors
Suliman Farajat, chairman of the PDTRA, stated that tourism in the red-rose city swiftly rebounded from the Covid pandemic impact in 2022
Iraq admitted it had differences with France's TotalEnergies over a US$10-billion contract, including over the distribution of investments, but expressed...
The French energy giant had signed the US$10-billion contract with Iraq in September 2021.
The partnership has struggled to materialize amid reported signs of discord between the two sides.
Baghdad is currently heavily dependent on neighboring Iran for its electricity and gas and has sought to diversify its energy...
Iraq's foreign minister said Riyadh was ready to back Saudi companies investing in Iraq and welcomed it.
Despite being oil-rich, Iraq suffers from crumbling infrastructure and public services, after decades of conflict.
DUBAI, UAE - Dubai Health Authority (DHA) has signed a Memorandum of Understanding (MoU) with Dubai Integrated Economic Zones Authority...
The MoU aims to enhance the private health sector’s investments in Dubai and consolidate the sector’s role in the ongoing development of health facilities.
DHA, DIEZ will develop a special framework to pinpoint innovation standards of healthcare start-ups in Dubai.
Merger of its Malaysian subsidiary with a firm helped.
Telenor said it had made good progress in the planned merger of its subsidiary Dtac with True in Thailand.
The firm maintained its earnings forecast for the current year and proposed a slight increase in its dividend for 2022.