Economy - TRENDS MENA

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.
Beijing, China—China has filed a dispute with the World Trade Organization over US restrictions on chip exports, Beijing's commerce ministry said...
The United States in October announced new export controls aimed at restricting China's ability to buy and manufacture high-end chips with military applications
Chinese leader Xi Jinping and US President Joe Biden pledged to repair frayed relations at a summit in Bali, Indonesia last month
Erdogan said Ankara aims to increase its daily production to 100,000 barrels by the centennial of the Republic of Türkiye.
Erdogan said Ankara aims to increase its daily production to 100,000 barrels by the centennial of the Republic of Türkiye
The newly discovered oil reserves have been named after Gendarmerie Esma Cevik, who was killed clearing mines on Gabar Mountain
The formal inauguration of the representative office in Tel Aviv will take place in the Israeli capital on December 13.
The formal inauguration of the representative office in Tel Aviv will take place in the Israeli capital on December 13
International offices have a dual mission of supporting and guiding Dubai companies through every stage of their global expansion
The MoU will enable SMEs access to financing options.
The scheme is in line with EDB’s mandate to provide AED 30 billion towards the development of the UAE economy in five strategic sectors.
The Memorandum of Understanding (MoU) will enable SMEs in the UAE to have improved access to strategic financing options.
The US biopharma firm will pay US$28 billion for the deal.
This is the biggest acquisition of the year in the health sector.
The deal is subject to approval by US regulators and if all goes well it should be concluded in the first half of 2023, Amgen said.
The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies.
The milestone was achieved in a year which has seen Hub71 onboard 53 high growth technology companies
Hub71 has built a diverse capital ecosystem of active investment partners ranging from Mubadala Investment Company to over 30 VC firms to family offices
Gross domestic product fell 0.6 percent in September after businesses closed for the royal funeral, and Britain's economy shrank by...
Britain's finance minister Jeremy Hunt said in a statement that despite the figures showing growth, "there is a tough road ahead"
The Bank of England has predicted the UK economy would contract in the final quarter of 2022, meaning the economy was in a recession
As part of its monetary policy tightening, the ECB will on Thursday outline the next steps in its efforts to...
Following two consecutive interest rate hikes of 75 basis points, markets are on tenterhooks to see whether the ECB will keep up the aggressive pace or downshift to 50 basis points
This week's meeting of the ECB's 25-member governing council in Frankfurt will be the final one of 2022, a year that will be remembered for unprecedented consumer price shocks
The decision has been taken to support local production while the government continues to embrace open trade policy.
The decision has been taken to support local production while the government continues to embrace open trade policy
The desert country is working on vertical farming under a joint venture between Emirates Flight Catering and US-based Crop One