Economy - TRENDS MENA

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.
TUNIS, TUNISIA - Tram and bus workers in the Tunisian capital staged a strike over delays in salaries and the lack...
The strike is the latest in a string of similar actions as Tunisia grapples with a grinding economic crisis
The North African nation is struggling with debts of more than 100 percent of gross domestic product
DUBAI, UAE - Seatrade Maritime Logistics Middle East (SMLME) is set to take place from May 16 to 18 2023,...
The region’s maritime sector will come together and discuss a wide range of topics concerning the industry's future.
The event’s relevance to the sector and its potential impact on the region’s economy has helped it gain the support of major industry players.
ABU DHABI, UAE - Abu Dhabi Public Health Center (ADPHC) has introduced the first of its kind mobile BSL-3 (Biosafety...
The BSL-3 mobile laboratory will enhance the UAE capital's infectious disease preparedness through swift, safe and accurate testing of communicable diseases.
The mobile laboratory will be accessible across four sites in Abu Dhabi.
Abu Dhabi, UAE-- The UAE and Azerbaijan have reviewed bilateral relations between the two countries and pledged to deepen ties...
The two top diplomats reviewed prospects for cooperation between the two countries in a number of sectors
Bayramov stressed the depth of the UAE-Azerbaijan relations and his country's aspiration to enhance and develop joint cooperation with the UAE at all levels
Many experts have also said the ban on foreign buyers -- who accounted for less than five percent of home...
Several exceptions in the act allow individuals such as refugees and permanent residents who are not citizens to buy homes
Canada Mortgage and Housing Corporation -- the national housing agency -- said in a June report that close to 19 million housing units will be needed by 2030
Migrant issue has become a huge political problem for the Conservative government, which has promised to bring down illegal immigration...
In total, 45,756 people made the dangerous small-boat crossing of one of the world's busiest shipping lanes last year, compared with 28,526 in 2021
The last year also saw the highest ever single-day total of migrants making the crossing, with 1,295 making the journey on August 22
Doha, Qatar-- Qatar Financial Centre (QFC) is managing assets worth $28.3 billion and has more than 1,500 local and global...
Al Jaida said that QFC has accelerated the growth of its works in alignment with the evolution of the Qatari economy which became diverse and dynamic
He noted Qatar's efforts are currently focused on building a sustainable, modern and responsive economic system that contributes to enhancing economic diversification
The year 2022 was crowned with excellent ratings for the Qatari economy, as the S&P's credit rating agency raised the...
Powerful ratings, despite the fluctuations and crises witnessed by the global economy in recent years, the solidity of the Qatari economy has been confirmed by rating agencies
Despite global crises, the Qatari economy recorded strong performance rates on most macroeconomic indicators, and looks forward to consolidate its leadership this year
DUBAI, UAE - Dubai’s Roads and Transport Authority (RTA) confirmed that 2,166,821 riders used its public transport, shared mobility means...
The figure reflects a 33 percent rise from last year’s number, which was 1,632,552 riders.
The breakdown of ridership for metro and tram were: Metro: 958,161 riders (compared to 640,175 last year), Tram: 49,855 riders (34,672 last year).