The Middle East must counter global economic divergence by enhancing regional financial integration to drive collective growth, Rudolph Lohmeyer tells...
The Federal Reserve kept interest rates at the current target range of 4.25 percent to 4.50 percent after its January meeting, according...
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.
DUBAI, UAE - Dubai Courts signed a Memorandum of Understanding with Moro Hub, a subsidiary of Digital DEWA, the digital...Leveraging on Moro’s capabilities, the MoU will serve the society’s interest in providing a comprehensive legal framework to combat cybercrimes.
The MoU will help in exchange of knowledge and leverage on expertise as per Dubai Courts mission of achieving precise and swift justice.
BEIRUT, LEBANON - An attack in eastern Syria killed 10 oil field workers, state news agency SANA reported on Friday, a...In addition to 10 dead, two others have been wounded in a terrorist attack that targeted three buses transporting workers from al-Taim oil field, state media said.
The agency did not provide any information on the nature of the attack in the Kurdish-held area or who may be behind it,
ABU DHABI, UAE - The Environment Agency – Abu Dhabi (EAD) has imposed 32 administrative fines, totaling US$89,312 (AED328,000) since...The Agency followed up with the violating establishments to ensure that corrective measures were taken to remove or mitigate the causes.
Violations included submitting incorrect data to EAD, changing data contained in licenses, or polluting the soil, water or air in protected areas.
