Economy - TRENDS MENA

Dubai, UAE - Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, presented the...

The company announced the completion of production of the Tinrhert gas field at the end of November 2022.
The company announced the completion of production of the Tinrhert gas field at the end of November 2022
Algeria has signed many energy agreements with European countries during the current year
The Gulf countries have highlighted the importance of coordinating and unifying the stances of the regional bloc in all international...
The Gulf countries have highlighted the importance of coordinating and unifying the stances of the regional bloc in all international environmental forums
The meeeting of GCC ministers responsible for environmental affairs in their respective countries was chaired by Oman's Dr. Abdullah bin Ali Al-Amri
“It is critical that as we scale up the use of Nature-based Solutions (NbS) we make sure we do not...
Nature-based solutions aim to protect, restore, and sustainably manage waters and marine ecosystems.
New Green Jobs for Youth Pact, launched by ILO and UNEP at COP27, aims to create one million new green jobs.
Industry experts stress the need for harnessing the momentum the industry has gained after the recovery from Covid setbacks.
PwC Middle East advises insurers, as they look to 2025 post Covid recovery, to harness "the momentum they have gained" to meet new challenges.
"Regardless of how insurers capitalize on these trends, they will need to reassess the future and reimagine their place in the world," says Sanjay Jain of PwC.
Riyadh, Saudi Arabia---Saudi Arabia’s real gross domestic product grew by 8.8 percent in the third quarter of 2022 compared to...
GASTAT noted that the real GDP growth in the third quarter was up 2.1 percent compared to the second quarter of this year.
Government activities also rose by 2.5 percent in the third quarter compared to the same period a year ago.
Russia has assembled a "shadow fleet" of more than 100 vessels seeking to circumnavigate the Western sanctions regime. These ships...
Aimed at depriving Russia of key income, the western sanctions have also slowed transportation of its oil by sea
President Vladimir Putin on Friday warned that Russia could reduce crude production in response to the price limit
But the half-point jump analysts expect to see in the Fed's benchmark lending rate will still be a steep rise,...
To make borrowing more expensive, the Fed has raised interest rates six times this year, including four bumper 0.75-point increases, bringing the rate to between 3.75% and 4%.
Despite the Fed's forceful moves, consumer inflation stood at 7.7% in Oct while job gains remained robust, raising worries that the bank would prolong aggressive campaign.
After a decade of dynamic growth during the 2010s, Africa's second most populous country has suffered multiple shocks, including the...
Annual average inflation is expected to hit 30 percent in 2022 (compared to 26 percent last year), driven by an increase in food costs
A peace deal signed last month between the federal government and Tigrayan rebels has raised hopes of an economic recovery
Dubai, UAE— The United Arab Emirates has been ranked as the country with the world's most powerful travel document. That...
The UAE has beaten the likes of Germany, Sweden, Finland and Luxembourg in the latest ranking
An Emirati passport holder can travel to a huge number of countries visa-free, and in many others you can get a visa right when you arrive
Doha, Qatar— Qatar has witnessed a 34 percent decline in building permits to 645 during the month of November, as...
According to the monthly statistics issued by the Planning and Statistics Authority, the decrease was noted in the all of the municipalities
Commercial buildings were found to be in the forefront of non-residential buildings permits with 32% (25 permits), followed by governmental buildings with 31% (24 permits)