Economy - TRENDS MENA

Dubai’s real estate market has had a record-breaking year, with new milestones being set throughout 2024, culminated in an all-time...

Called Dr. Nabat, the application is a result of collaboration between ICBA and the University of Barcelona.
Called Dr. Nabat, the application is a result of collaboration between ICBA and the University of Barcelona
The application is designed to aid smallholder farmers and extension specialists in spotting crop disorders at early stages
IMF chief Kristalina Georgieva has regretted the shortage of funds needed to help low-income countries tackle the impacts of climate...
She said that the IMF expects more members to commit resources "so we don't end up having to ration support for countries"
WTO Director-General Ngozi Okonjo-Iweala stressed the importance of supply chains when it comes to building resilience in developing countries
The report cited recent economic indicators suggesting strong growth has been maintained in most activities.
The report cited recent economic indicators suggesting strong growth has been maintained in most activities
The tourism sector, which accounts for around 6% of the UAE’s GDP, experienced strong growth, the report said
Montreal, Canada-- Creating a new global fund for biodiversity -- a core demand of developing countries at UN talks in Montreal...
COP15 draft targets include a cornerstone pledge to protect 30 percent of the world's land and seas by 2030, eliminating harmful fishing and agriculture subsidies
Dozens of countries, led by Brazil, India, Indonesia and African nations, are demanding financial subsidies of at least $100 billion a year until 2030
Doha, Qatar - Qatar posted a budget surplus of QR 30 billion ($8 billion) for the third quarter of 2022,...
Total revenues for this quarter amounted to $22 billion, of which $21 billion came from oil and gas
Total expenditures in the quarter amounted to $14 billion, of which $4 billion was spent on salaries and wages
Saudi Arabia's GDP witnesses 9.3 percent increase in the third quarter of this year as the rally in oil prices...
The International Monetary Fund expects Saudi economy to expand by 7.6% in 2022
The UAE's economy is experiencing sustained momentum in 2022, says OPEC
Sudan signed an initial US$6 billion deal led by United Arab Emirates' AD Ports Group and Invictus Investment to build...
The Abu Amama port, to be built north of the existing key hub of Port Sudan, will include an industrial zone.
The signing came a week after Sudan's military and civilian leaders inked an initial accord aimed at ending the crisis since last year's military coup.
The bank's Fitch A ratings bonds were listed on Nasdaq Dubai.
The new listing highlights Nasdaq Dubai's significant role in strengthening links between the capital markets in Dubai and China.
Bank of China's Dubai branch has issued the 2025-maturing bonds at a yield of 4.84 percent.
ABU DHABI, UAE - Members of the Consultative Council of UAE's Financial Restructuring Committee (FRC) has met with experts from...
The meeting was held virtually and sought to discuss the latest updates on amendments to the bankruptcy law.
The meeting discussed the proposed amendments to the bankruptcy law in terms of public policy.
ASWAN, EGYPT - The governments of the UAE and Egypt inaugurated the Egypt Services Center in the Aswan Governorate, which...
The inauguration is part of the strategic partnership between the two countries in government modernization.
The center will adopt a smart system to provide over 30 individual government services.