Economy - TRENDS MENA

Global business leaders, CEOs, and innovators from around the world will gather in Davos next week to discuss what World...
The annual summit of the non-profit World Economic Forum (WEF) will begin on January 16 and go on until January 20, 2023
WEF President Børge Brende said the focus would be on sustaining economic growth "where our natural environment is not compromised"
Egypt has detained three people for attempting to steal a millennia-old statue with a crane in the ancient southern city...
The statement said that the Antiquities Authority in Aswan has proven the "antiquity (of the statue) and attributed it to Ramses II, with a weight of approximately 10 tonnes"
Ramses II, one of the most famous pharaohs of the 19th dynasty, ruled for 67 years
RIYADH, SAUDI ARABIA - The General Authority for Statistics (GASTAT) published Tuesday on its official website the results of the...
In November 2022, mining and quarrying grew by 5.7 percent compared to November 2021.
Manufacturing activity increased by 19.7 percent compared to the same month of the previous year.
ABU DHABI, UAE - Masdar has announced the signing of an agreement with the Ministry of Energy of Kyrgyz Republic...
The projects, with a total capacity of up to 1 gigawatt (GW), start with a 200-megawatt (MW) solar photovoltaic (PV) plant.
The 200 MW plant is scheduled to begin operation by 2026.
Major stock markets mostly dropped as warnings that US interest rates would continue to rise and remain elevated offset growing...
Sentiment is still closely linked to the outlook for US monetary policy as the Federal Reserve battles to bring inflation down from four-decade highs.
Policymakers appear determined to keep lifting borrowing costs until they achieve their goal of two percent inflation.
ABU DHABI, UAE - Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched the updated version of its Effortless...
The Abu Dhabi Program for Effortless Customer Experience supports Abu Dhabi’s human-centric approach.
It enables everyone living and working in the emirate and visitors to carry out tasks quickly, seamlessly and effortlessly.
Cairo, UAE--Egypt's annual urban consumer inflation in December shot up to 21.3 percent from 18.7 percent in November, exceeding analyst...
The price rises followed a currency devaluation in October and restrictions on imports
The central bank allowed the Egyptian pound to depreciate by about 14.5 percent on Oct. 27 and let its value continue to weaken slowly and incrementally in November and December
In December last year, the kingdom had extended the term of a $3 billion deposit to boost Pakistan's foreign currency...
In December last year, the kingdom had extended the term of a $3 billion deposit to boost Pakistan's foreign currency reserves
Today’s announcement comes a day after Chief of Army Staff General Asim Munir held a meeting with Prince Salman in Madina
Sharjah, UAE--The Sharjah Department of Public Works (SDPW) conducted a workshop on the "Sharjah Ports, Customs and Free Zones Authority...
Head of the SDPW said that the department supports carbon neutrality in its buildings and is part of UAE's initiative to achieve carbon neutrality by 2050
The SDPW maintained that it applies the highest international and local standards for green buildings and is committed to improving the efficiency
Some investment trends that emerged at the tail end of 2022 — clean energy, consumer staples, retail, and infrastructure —...
Some investment trends that emerged at the tail end of 2022 — clean energy, consumer staples, retail, and infrastructure — will gain further impetus in 2023, says an expert.
The dire climatic status quo and increasing population may impact consumption patterns, infra needs and utilization of finite resources, adds Neelam Verma of The Continental Group