Economy - TRENDS MENA

Public resistance to a carbon tax has prevented many nations from establishing carbon pricing via taxation, but taxation is not...
In order to reach 2050 emissions reduction targets, trillions of dollars in public and private capital are needed to adopt and scale green energy technologies
Carbon trading, regulation and different pricing schemes are alternative strategies that countries have used to impose costs for emissions, believe experts
The rhetoric has shifted from talk of a recession in the 20-nation club to "a small contraction", she said, with...
The cautious optimism comes as sky-high energy prices, which soared last year because of the war in Ukraine, have started to fall.
Lower energy costs have contributed to a drop in eurozone inflation, which peaked at 10.6 percent in October.
DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer received a high-level...
The meetings with the French and Cuban delegations were held at DEWA’s stand at the World Future Energy Summit in Abu Dhabi.
The MD and CEO of DEWA discussed the firm's projects in sustainability, renewable and clean energy.
ABU DHABI, UAE - The UAE Ministry of Industry and Advanced Technology (MoIAT) and Ras Al Khaimah Economic Zone (RAKEZ)...
MoIAT and RAKEZ will cooperate in programs and initiatives under the National Strategy for Industry and Advanced Technology, Operation 300bn,
The two entities will encourage industrial companies to join the UAE Industry 4.0 program and undergo a readiness assessment.
ABU DHABI, UAE - Masdar City and the Abu Dhabi Global Market (ADGM) Thursday signed a Memorandum of Understanding (MoU)...
Masdar City and ADGM will work together to attract new investors to their free zones and benefit from each other’s capabilities.
The two entities will exchange best practices and promote institutional integration.
Princess Reema bint Bandar, Saudi Arabia’s Ambassador to the United States of America, underlined the importance of the Saudi-US relationship.
Princess Reema bint Bandar, Saudi Arabia’s Ambassador to the United States of America, underlined the importance of the Saudi-US relationship.
Mohammed bin Abdullah Al Jadaan, Saudi’s Minister of Finance, highlighted the economic reforms ushered in by Saudi Vision 2030, in providing a pathway for the region
Dubai, UAE--The World Economic Forum (WEF) has selected the UAE's Gender Balance Council (GBC) as a knowledge partner to advance...
President of the UAE Gender Balance Council affirmed the council's keenness to forge influential partnerships that can help advance gender balance globally
She said that being selected as the World Economic Forum’s knowledge partner is an endorsement of the UAE’s ability to set a global example for advancing gender balance
The agreements were unveiled during a high-level meeting between Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, and Prof....
The agreements were unveiled during a high-level meeting between Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs, and Prof. Klaus Schwab, WEF Founder
Klaus also announced WEF’s collaboration with the Government of the United Arab Emirates to organize the Annual Meeting of the Global Future Councils 2023
Davos-Klosters, Switzerland-- African heads of state and global CEOs at the World Economic Forum Annual Meeting backed the launch of...
The AfCFTA is the largest free trade area in the world, by area and number of participating countries.
Conceived in 2018, it now has 54 national economies in Africa, could attract billions in foreign investment.
Despite its goal of achieving net zero carbon emissions by 2060, the country remains hugely dependent on crude oil exports...
Soaring crude prices following Russia's invasion of Ukraine allowed Saudi to post in 2022 its first budget surplus in nine years, giving it firepower for economic development.
And at Davos, Saudi officials announced a joint initiative with the Davos forum organizers to accelerate high-tech innovation in the country via the metaverse.