Economy - TRENDS MENA

Dubai’s aggressive initiatives like the 1 Billion Followers Summit and specialized creator visas put it ahead in attracting global talent,...

AMMAN, JORDAN - Board of Directors of the Amman-based Jordanian- Palestinian Agricultural Marketing Company (JPACO)) on Saturday reviewed its key...
JPACO's Board of Directors also examined the company's performance and its goals and discussed its action plan for 2023.
JPACO General Manager, Aladdin Abu Khair, said the company worked to open new international markets.
DUBAI, UAE - The UAE Council for Environmental and Municipal Work held its second meeting, chaired by Mariam bint Mohammed...
The meeting agenda also featured discussions of several key topics, including the environmental indicators of the We The UAE 2031 vision.
The minister said that the Council explored transformational environmental projects, in line with the new methodology for federal government work.
Riyadh, Saudi Arabia-- Egypt’s economic growth is expected to decline to 4.5 percent in the fiscal year 2022-23 from 6.6...
According to the report, the growth is forecast to inch up after that as the country continues to push ahead with macroeconomic stabilization and structural reforms
During the fiscal year 2022-23, inflation is projected to surpass the Central Bank of Egypt’s target range between 5 and 9 percent and remain in double digits
Kyiv, Ukraine--Ukraine estimates its grain harvest fell by around 40 percent year on year due to the Russian invasion, a representative...
Ukraine is a major exporter but Russia's invasion in late February stopped shipments and blocked 20 million tonnes of grain in Ukraine's ports
In July a landmark deal signed and brokered by the UN and Turkey established a safe shipping corridor for exports to resume
In order to achieve the Vision 2030 goals, the PIF and its portfolio companies seek to help the kingdom grow...
According to a report by S&P Global Rating, the Public Investment Fund (PIF) has US$620 billion of assets under management
The Saudi Stock Exchange, Tadawul, is the largest equities market in MENA by market capitalization and trading volumes
Abu Dhabi, UAE-- The UAE Public Prosecution has ordered the arrest of a private company director who was proven to...
The suspect allegedly forged e-documents, faked employment contracts, and falsely stated that his company had hired Emirati citizens
The UAE Attorney-General, received a report about the incident from the Ministry of Human Resources and Emiratisation and ordered the launch of an urgent investigation
A key indicator of US inflation edged down from a year ago in November, according to government data, in welcome...
The US Federal Reserve's preferred inflation measure, the personal consumption expenditures price index, rose 5.5 percent last month.
This was slightly below October's level but remains significantly higher than policymakers' target of two percent inflation.
"The problem with Lebanon is that we must solve people's problems and get rid of those who cannot do it,"...
Macron has taken the lead in international efforts to bail out the Lebanese economy after a collapse in the value of the Lebanese pound plunged most of the population into poverty.
International lenders have demanded that Lebanon adopt a programme of painful economic reforms in return for releasing billions of dollars in bailout loans.
Iraq's prime minister appealed to visiting Italian counterpart Giorgia Meloni for closer economic ties with his oil-rich country suffering from...
Italian oil firm Eni has been involved in exploration and production in Iraq for over a decade.
The United Nations says Iraq is one of five countries most exposed to some impacts of climate change.
The move will help Dubai in becoming a cashless economy.
Government entities and merchants will now be able to receive payments from their customers in an easy, flexible, unified and secure manner.
The new payment ecosystem is set to transform the existing gateway.