Economy - TRENDS MENA

The first category, which currently consists of 51 individuals, is for those who have reached the legal retirement age.
The first category, which currently consists of 51 individuals, is for those who have reached the legal retirement age
The second category is those who have sufficient funds set aside in the Sharjah Social Security Fund
Washington, United States--Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the...
The CEO Andy Jassy said the company's leadership was "deeply aware that these role eliminations are difficult for people, and we don’t take these decisions lightly
She said some of the layoffs would be in Europe, adding that the impacted workers would be informed starting on January 18
Michelin-starred sushi restaurant Onodera Group and Japanese wholesaler Yamayuki forked out 36.04 million yen ($273,000) for the 212-kilo bluefin tuna...
The New Year auction is highly anticipated, and securing the top-priced tuna offers bidders bragging rights
For years, the top bid came from self-proclaimed "Tuna King" Kiyoshi Kimura, who paid a record $3.1 million in 2019
The agreement aims to establish a general framework for activating development in Yemen and addressing challenges related to agricultural production...
The agreement aims to establish a general framework for activating development in Yemen and addressing challenges related to agricultural production chains
The program's three main pillars include financing e-commerce solutions, providing consultations to develop value chains and technical skills for SMEs
Doha, Qatar-- Business activity in Qatar has accelerated in December as the FIFA World Cup went on through the month....
Wholesale, retail, and service providers in particular registered rapid expansions in activity
The Qatar Financial Centre PMI is compiled by S&P Global from responses to questionnaires sent to purchasing managers in a panel of around 450 private sector companies
The Saudi Notarization Law has transferred a number of such jurisdictions from courts to the notarial e-system.
The Saudi Notarization law has transferred a number of such jurisdictions from courts to the notarial e-system
E-notarization provides several services that dispense with paperwork and spare clients the need to visit notarial offices
GCC countries witnessed the launch of massive economic and development projects in various sectors last year as part of their...
GCC countries witnessed the launch of massive economic and development projects in various sectors last year as part of their strategy to diversify their economies
The Kingdom's NEOM introduced the energy and water company Inwa, while the Saudi Ports Authority launched 12 private sector investment opportunities last year
The setback comes despite a record 4.7 percent drop in energy consumption last year, partly in response to soaring fuel...
Europe's biggest economy emitted 761 million tons of greenhouse gases last year, just one ton fewer than in 2021 and overshooting the target of 756 million tons.
The German government had aimed to reduce carbon dioxide emissions by 40 percent by 2020 compared with 1990 levels, but has yet to achieve the feat.
The UAE Government will invest AED600 billion ($163.36bn) in renewable energy by 2050 to meet the country's growing energy demand...
Announced in 2017, the UAE Energy Strategy 2050 aims to reduce the carbon footprint on power generation by 70 percent.
The UAE has since launched notable initiatives and taken significant steps towards realizing these goals by 2050.
The Gulf emirate's ruler, Sheikh Mohammed bin Rashid Al-Maktoum, unveiled in a series of tweets the Dubai Economic Agenda, dubbed...
The new economic agenda would also add 400 cities to Dubai's list of trading partners, increasing foreign trade in the coming decade by 44 percent to 25.6 trillion dirhams.
It would also see foreign direct investment in Dubai exceed 650 billion dirhams within 10 years, according to Sheikh Mohammed.