Economy - TRENDS MENA

Experts say the adoption of the euro will help shield Croatia's economy at a time when inflation is soaring worldwide...
At midnight (2300 GMT Saturday) the Balkan nation bid farewell to its kuna currency and become the 20th member of the eurozone
EU chief Ursula von der Leyen will visit Croatia later Sunday to mark the momentous occasion
RIYADH, SAUDI ARABIA - Saudi Ministry of Industry and Mineral Resources has signed a memorandum of understanding with Hyundai Motor...
The agreement aims at enhancing cooperation in a way that realizes the national strategic goals for industry in developing local manufacturing capabilities.
The MoU stipulates building an assembly plant with the CKD system for electric cars and internal combustion engines cars in Saudi Arabia.
Cairo, Egypt--Egypt’s President Abdel Fattah El-Sisi on Thursday approved a document outlining 62 economic activities the state will withdraw from...
The document’s approval was required by the International Monetary Fund, which this month approved a 46-month, $3 billion financial support package for Egypt
The policy aims to give the private sector a greater role in helping to grow the economy, create jobs and increase investment and exports
For more than two years, China had insisted on a zero-Covid strategy of stamping out outbreaks with strict quarantines, lockdowns...
The Purchasing Managers' Index (PMI) -- a key gauge of manufacturing in the world's second-biggest economy -- came in at 47 points, down from November's 48
The index has not been in positive territory since September, and December's figure was lower than the 47.8 reading predicted by Bloomberg analysts
Japan imported a total of 77.53 million barrels in the month, according to the Japanese Ministry of Economy, Trade and...
Japan imported a total of 77.53 million barrels in the month, according to the Japanese Ministry of Economy, Trade and Industry
Over 95%, originated from six Arab countries: UAE, Saudi Arabia, Kuwait, Qatar, Bahrain and Oman, with the Emirates being the Asian nation's top exporter of oil
Abu Dhabi--The UAE ranked first in the Arab world in terms of the value of manufactured exports in 2021, with...
The UAE's manufacturing industry exports account for 43.9 percent of overall Arab exports of manufacture, owing to strong growth in the field of re-exports
In Arab countries manufacturing industry exports totaled $325 billion in 2021, up from $244 billion in 2020, a 33.2 percent increase
Gold prices moved up on Friday, as the non-yielding metal is on course to close its best quarter since June...
Gold prices moved up on Friday, as the non-yielding metal is on course to close its best quarter since June 2020
Back-to-back rate hikes by the US central bank pushed gold to a more than two-year low in September
The country profiles -- arranged in alphabetical order -- summarize recent data, presenting statistical narratives of a country that include...
As the new year is set to begin, TRENDS wishes all its readers a very happy and prosperous New Year.
We also consider it crucial to review and document the profiles of the important countries in the region and across the world.
Mobile data service revenues are expected to reach 60 percent of the total GCC mobile service revenues by 2026.
The GCC mobile market is forecasted to grow meagerly at a CAGR of 1.9 percent during 2021-26.
To arrest a further decline in voice revenues, mobile operators have been selling mobile voice and data service bundles.
DUBAI, UAE - A total of 2,790 real estate transactions worth US$2.6 billion (AED9.6 billion) were conducted during the week...
A total of 2,790 real estate transactions worth $2.6 billion were conducted during the week ending December 30, 2022.
The DLD report showed that 179 plots were sold for $378 million.