Economy - TRENDS MENA

A survey undertaken in Germany has revealed that consumers are heading into 2023 feeling upbeat as government interventions take some...
The more upbeat mood comes as energy prices have eased off after hitting record highs in the wake of Russia's war in Ukraine
The influential IfW Kiel institute has even predicted that the economy would dodge a recession altogether due to the government relief measures
Iraq has been caught for years in a delicate balancing act between its two main allies, the United States and...
The "Baghdad II" meeting in Jordan, which also included officials from France and the European Union, followed an August 2021 summit in Iraq's capital
King Abdullah II emphasized Iraq's pivotal role in maintaining regional stability, while Egyptian President emphasized his country's rejection of all foreign interventions in Iraq
Algeria "doesn't support the idea of limiting prices", Energy Minister Mohamed Arkab said, speaking a day after EU energy ministers...
The EU price cap, agreed Monday after months of negotiations, will apply from February 15 and run for a year
EU countries are worried that they will have a hard time filling gas storage tanks in time for next winter
Businesses in the region are working closely with their governments to get cloud security solutions implemented to reduce the success...
Increased use of cloud-based apps and software has been observed in the GCC due to the businesses undergoing digital transformation
Businesses in the region are working closely with their governments to get cloud security solutions implemented to reduce the success rates of phishing attempts
WASHINGTON, UNITED STATES - The United States plans a meeting early in 2023 between Israel and Arab nations that recognize it...
Benjamin Netanyahu is set to take office with the most right-wing government in Israel's history.
A senior US official said the United States plans a meeting "probably in the first quarter" of 2023 of foreign ministers from the Negev summit in March.
Doha, Qatar – Qatar’s Industrial Production Index (IPI) rose by 2.5 percent in October 2022, compared to the corresponding month...
The manufacturing groups which registered a rise include chemicals and chemical products by 1.8 percent, beverages (1.4percent).
In the electricity, gas, supply sector, a decrease of 3 percent was noticed in the production of electricity between October 2022 and September 2022.
DUBAI, UAE - Nearly 2,000 global business executives and investors attended the World Corporate Summit in Dubai to share in...
The business leaders were also building partnerships with over 100 roundtables, 20 networking sessions.
The summit took a 360-degree view at ways to improve the world economy.
WASHINGTON, UNITED STATES - US lawmakers early Tuesday released the text of a US$1.7 trillion funding bill which Congress hopes to...
The bill includes $858 billion in defense funding and will also provide $44.9 billion in emergency assistance for Ukraine.
It also includes $772.5 billion for non-defense discretionary programs, including $118.7 billion for Veterans Affairs medical care.
SWEIMEH, JORDAN - Iran's Foreign Minister Hossein Amir-Abdollahian met Tuesday with EU foreign policy chief Josep Borrell on the sidelines of...
The meeting comes at a time when negotiations in Vienna aimed at reviving the 2015 Iran nuclear deal are stalled.
EU foreign policy chief Josep Borrell tweeted that the meeting was "necessary... amidst deteriorating Iran-EU relations".
The 15 new projects approved reflect the OPEC Fund’s launch of a US$1 billion Food Security Action Plan and the...
The 15 new projects approved reflect the OPEC Fund’s launch of a US$1 billion Food Security Action Plan and the adoption of its first Climate Action Plan earlier this year
New engagements will support infrastructure development and investments to improve communities in the Fund’s partner countries around the world