Economy - TRENDS MENA

In its latest annual inequality report, “Takers Not Makers”, Oxfam explores how most billionaire wealth is taken, not earned. At least five...

On M-o-M basis, the PPI of November showed a decrease of 3.03 percent when compared to October 2022.
On M-o-M basis, the PPI of November showed a decrease of 3.03 percent when compared to October 2022
When compared to November 2021, the PPI of Mining for November 2022 showed an increase of 7.72 percent
Beijing, China--China Evergrande has pledged to repay its debt this year, as the property giant faces a restructuring following Beijing's crackdown...
The company has rushed to offload assets in recent months and has been involved in restructuring talks after racking up some $300 billion in liabilities
An official document in November showed Evergrande had sold land earmarked for its headquarters in the southern tech hub of Shenzhen for $1 billion
Erdogan explained that Turkish exports made their way to the markets of 197 countries and regions around the world.
Erdogan explained that Turkish exports made their way to the markets of 197 countries and regions around the world
Turkey is seeking to shift to a current account surplus through increased exports and lower interest rates
Baghdad, Iraq--The Iraqi Prime Minister Mohammed S. Al Sudani has stressed the need for economic reform and supporting the sectors...
The PM said during his visit today to the Ministry of Industry and Minerals, that economic reform is a prelude to social reform
He directed the auditing of industrial development permits and sponsoring small and medium enterprises, due to their role in forming major projects
EU nations have adopted a mechanism to cap natural gas prices, but analysts say it will likely have only a...
Gas prices have been falling since August, hitting 73 euros on Monday -- 50 percent down from a month ago and the lowest level since before the war on February 21
European nations filled up their gas storage facilities and launched campaigns to encourage consumers to save on energy during the winter
Growth in the fourth quarter came in at 2.2 percent, sharply down from 4.2 percent in July-September, according to advance...
Exports for computer chips and other products have been hit by softer global demand caused by surging inflation and sharp increases in interest rates
Research house Capital Economics said it expects exports to fall further on expectations the global economy would enter a recession this year
Almost a year after the Dubai Financial Services Authority (DFSA) imposed a heavy penalty on Arif Naqvi, the founder of...
DFSA had held Naqvi responsible for a series of actions during his time as chief of Abraaj, including using investor funds as working capital requirements
The FMT came into play after Naqvi referred the DFSA verdict to the tribunal
A dozen women, sitting on the floor of a workshop inland from Essaouira, a port town on Morocco's Atlantic coast,...
Morocco produces around 5,640 tonnes of argan oil annually, according to official figures, around 40 percent of it for export
Argan is so important to the region between the towns of Essaouira and Agadir that in 1998 UNESCO declared a biosphere reserve in the area
RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization (UNESCO) has praised the achievements of Saudi Arabia...
UNESCO said that Saudi Arabia's National E-Learning Center is an example to be followed at the international level.
The National E-Learning Center supports the development of governance procedures in the electronic education and training sector.
A mild winter has enabled countries to tap less gas from stocks that were built up in anticipation of cuts...
Gas exports by Russian energy giant Gazprom to the European Union and Switzerland fell by 55 percent last year, the company said Monday.
Europe was previously Gazprom's main export market but supplies have been drastically reduced because of sanctions following Russia's offensive in Ukraine in 2022.