Economy - TRENDS MENA

Asian markets rose Thursday, tracking gains on Wall Street and following the US Postal Service's U-turn on a ban on...

BAGHDAD, IRAQ - Iraq's Prime Minister Mohammad Shia al-Sudani left Thursday for Berlin to meet with German Chancellor Olaf Scholz and...
Despite its oil riches, Iraq is beset by crumbling infrastructure, endemic corruption and decades of war.
Dependent on its powerful neighbor Iran for much of its energy needs, Baghdad seeks to diversify its sources of gas and electricity supply.
Consumer inflation in the United States slipped in December to the lowest level in over a year, government data showed,...
The Federal Reserve hiked its benchmark lending rate at a pace unheard of since the 1980s, in hopes of cooling the world's biggest economy.
The consumer price index in December 2022 rose 6.5 percent from a year ago, the smallest increase since October 2021.
GENEVA, SWITZERLAND– The current energy crisis is driving inflation, slowing economic growth, creating social turmoil and the world should not...
The WEF report said that steps such as increasing production of electricity from coal or broad-based consumption subsidies, risk derailing energy transition.
The report proposes a framework for a secure energy system to guide countries and policy-makers.
ABU DHABI, UAE - The UAE participated in the Global Partnership for Financial Inclusion (GPFI) meeting in the Finance Track...
The meeting was held to discuss the Global Partnership for Financial Inclusion work plan for 2023.
G20 members, invited countries, GPFI members, and international organizations such as the World Bank and OECD attended the meeting.
The Taiwanese company predicts slowing sales for 2023.
TSMC operates the world's largest silicon wafer factories and produces some of the most advanced microchips.
It is regarded as a global economic bellwether because so many of its chips are in such a wide array of devices.
The global market for key mass-manufactured technologies including solar panels, wind turbines, electric vehicle batteries, heat pumps and electrolyzers for...
The world is at the "dawn of a new industrial age" of clean energy technology that will create millions of jobs, IEA said.
Related jobs in clean energy manufacturing will more than double from six million to nearly 14 million by 2030, the agency said.
Turkish Exporters' Assembly pointed out that Turkish exports to African countries during 2022 increased by 12.3 percent, compared to 2021.
Turkish Exporters' Assembly pointed out that Turkish exports to African countries during 2022 increased by 12.3 percent, compared to 2021
The assembly added that Turkey's exports value to European Union amounted to $93.6 billion, $32.8 billion to Middle East and $21.8 billion to Africa
Abu Dhabi, UAE--The Environment Agency of Abu Dhabi (EAD) has planted one million mangrove seeds using drones as part of...
The Abu Dhabi Mangrove Initiative was announced in February 2021 during Prince William's visit to the UAE
EAD and its key stakeholders during the past ten years have planted more than 15 million mangroves along the coast of Abu Dhabi
Brent crude rose 50 cents, or 0.6%, to $83.17 per barrel by 0135 GMT, while US West Texas Intermediate crude...
Brent crude rose 50 cents, or 0.6%, to $83.17 per barrel by 0135 GMT, while US West Texas Intermediate crude also rose 50 cents, or 0.7%, to $77.91 per barrel
Previous oil prices witnessed a decline after the release of data revealing an unexpected increase in US crude and fuel inventories, which raised concerns about fuel demand
Dubai, United Arab Emirates--The head of the United Arab Emirates' national oil company was named as president of this year's COP28...
The UAE's official new agency said that Sultan Ahmed al-Jaber, head of Abu Dhabi National Oil Company (ADNOC), will be the first CEO to take the role at the UN summit
The next edition of climate talks will take place in Dubai, the UAE's business, trade and tourism hub, in November and December