Economy - TRENDS MENA

Abu Dhabi, UAE - The UAE’s technology industry is set to achieve record growth in 2025, driven by significant expansion...

Dubai, UAE--The Ministry of Human Resources and Emiratisation (MoHRE) has held a meeting with a number of recruitment agencies in...
The meeting was held to implement the UAE resolution and avoid the penalties that will be imposed on companies that are not committed to achieving the required targets
It discussed the benefits and support packages for establishments that comply with the legislation
In a statement, the World Bank slashed its forecast to 2.7 percent from 4.3 percent predicted in June. It also...
After years of sudden lockdowns, mass testing, long quarantines and travel restrictions, China this month abruptly abandoned its zero-Covid policy
Beijing has sought to mitigate low growth with a series of easing measures to provide support, slashing key interest rates and pumping cash into the banking system
The agreements included the establishment of the Saudi-Azerbaijan Joint Business Council.
The agreements included the establishment of the Saudi-Azerbaijan Joint Business Council
The MoU was signed between the Saudi Fund for Development and the Azerbaijan Ministry of Economy
In its Q3 review, the apex bank attributed the upward review to the robust performance of some non-oil sectors, including...
In its Q3 review, the apex bank attributed the upward review to the robust performance of some non-oil sectors, including tourism, hospitality, real estate and manufacturing
The review expected the non-oil GDP to grow by 6.1 percent in 2022, against 4.3 percent previously, with the oil GDP to expectedly grow by 11 percent this year
Dubai real estate market recorded 476 sales transactions worth AED1.17 billion, in addition to 92 mortgage deals of AED181.95 million.
Dubai real estate market recorded 476 sales transactions worth AED1.17 billion, in addition to 92 mortgage deals of AED181.95 million on Monday
The Central Bank of the Emirates has raised its estimates of real GDP growth in the country to 7.6 percent at the end of the current year 2022
The region was ranked the riskiest by the Global Risk Report Quarterly Update. But the GCC region stood out, offering...
In Africa, Morocco, Botswana and South Africa were the low-risk investment destinations, in that order, as far as the macroeconomic risks are concerned.
Syria, Yemen, and Libya were on the list of the highest-risk countries in the third quarter.
TEHRAN, IRAN - Iran's foreign minister said Monday that a summit to take place this week in Jordan will be a...
On-off talks to revive the deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), started in April last year.
A UN nuclear watchdog team led by IAEA deputy director-general was on a one-day visit to Iran.
SHARJAH, UAE - A Belgian delegation met with Sheikh Majid Al Qasimi, Director of the Department of Government Relations (DGR)...
The two parties agreed on organising a Sharjah delegation visit to Belgium for strengthening bilateral relations.
the Belgian Ambassador to the UAE expressed his interest in visiting universities in Sharjah to discover more partnership opportunities.
SINGAPORE - The UAE has participated in the 17th Asia Pacific Regional Meeting of the International Labor Organization (ILO) in...
Over 500 representatives of governments, labor organizations and companies from 33 countries took part in the meeting.
The meeting discussed labor priorities and ways to promote employment in the Asia Pacific.
Cairo, Egypt--The IMF's new $3 billion financial support package for Egypt aims to reduce government debt to less than 80...
Egypt negotiated its latest IMF loan as the economic fallout from the war in Ukraine exacerbated a foreign currency shortage resulting from Egypt's large trade deficit
The package includes a monetary policy aimed at gradually reducing inflation, fiscal consolidation to ensure a downward public debt trajectory while enhancing social safety nets