Economy - TRENDS MENA

Oil prices rose on Friday as markets weighed the threat of tariffs by U.S. President Donald Trump on Mexico and...

Prosecutors from Germany, France and Luxembourg have been in Beirut as part of the money laundering investigation.
Prosecutors from Germany, France and Luxembourg have been in Beirut as part of the money laundering investigation
They suspect central bank governor Riad Salameh and his brother Raja illegally took more than $300 million from the central bank between 2002 and 2015
The WEF president concluded the first major international gathering of the year on a positive note saying progress has been...
UN Secretary General Antonio Guterres called for urgent action on interconnected challenges, including the climate, nature and energy crises
The Global Risks Report 2023 ranked the cost-of-living crisis as the most severe short-term global risk
Continuing with their probe into Lebanon's money laundering and embezzlement, investigators from Europe will question Lebanon's central bank chief Riad...
The central bank chief is widely blamed for monetary policies that contributed to an unprecedented economic crisis in Lebanon
The investigators on Friday heard former interior minister Raya El Hassan, who also chairs the board of directors of Lebanese lender Bankmed
Profit is 15 percent lower than in the same period last year
Revenue from operations at India's largest company by market capitalisation rose 15 percent year on year, to US$27 billion
Reliance's board also approved a plan to issue bonds to raise up to US$2.4 billion (200 billion rupees) to fuel further expansion across its diversified businesses.
Google's parent company Alphabet announced about 12,000 job cuts globally citing a changing "economic reality", becoming the latest US tech...
Google's parent company Alphabet employed nearly 187,000 workers worldwide at the end of September 2022.
Alphabet CEO Sundar Pichai said American employees have already been notified about the cuts.
ABU DHABI, UAE - Building on its ongoing efforts to improve the healthcare ecosystem from all aspects, the Department of...
The GSC is powered by the International Hospital Federation and focuses on assisting healthcare services to address sustainability challenges.
The MoU will help provide educational resources to aid facilities in addressing identified areas for advancement and accomplishing new positive outcomes.
ABU DHABI, UAE - ADNOC Distribution on Friday announced plans to reduce its carbon intensity by 25 percent by 2030....
This reduction in carbon intensity will be implemented by putting sustainability at the core of its day-to-day operations to future-proof its business.
The company said it will install solar panels to power service stations and use biofuels in its fleet of vehicles.
Taking place under the theme "Investing in Sustainable Development", the forum will bring together government leaders, global CEOs and other...
Taking place under the theme "Investing in Sustainable Development", the forum will bring together government leaders and global CEOs
The forum will take place a few weeks ahead of the annual climate summit COP28, which will also be held in the UAE
Inflation rates and trends have started to improve in Turkey, supported by the comprehensive policies the country is pursuing, the...
Inflation rates and trends have started to improve in Turkey, supported by the comprehensive policies the country is pursuing, the bank pointed out in a statement
Erdogan could soon urge more rate cuts in view of the upcoming elections and as part of his unorthodox stance that policy easing also lowers prices
More than 50% of the countries with voting rights have pledged public support for the Saudi city’s bid, Fahd Al-Rasheed,...
More than 50% of the countries with voting rights have pledged public support for the Saudi city’s bid, says Fahd Al-Rasheed, the CEO of the Royal Commission of Riyadh City
The Saudi capital city is all set to announce its specific Riyadh Strategy in the next four months, which would supercharge the city’s economy