Economy - TRENDS MENA

Reiterating Dubai's resolve to work in collaboration with its global partners, Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum...
He spoke while touring the 43rd edition of the Big 5, the largest and most influential construction event in the Middle East, Africa and South Asia, at the Dubai World Trade Centre
More than 2,000 participants from 60 countries are participating in the event, which includes 20 national pavilions
ADF is the concessional window of the African Development Bank Group, providing grants and soft loans to the continent’s low-income...
ADF is the concessional window of the African Development Bank Group, providing grants and soft loans to the continent’s low-income countries
The package includes $8.5 billion in core ADF funding and $429 million for the newly created Climate Action Window
The participating Gulf countries highlight labor reforms to ensure protection of workers at the 17th Asia and the Pacific Regional...
The participating Gulf countries highlight labor reforms to ensure protection of workers at the 17th Asia and the Pacific Regional Meeting of ILO in Singapore.
The event coincided with the release of an ILO survey, which highlighted that one in five workers experienced workplace harassment globally.
The European Union reached an agreement to ban the import of products including coffee, cocoa and soy in cases where...
The draft law, which aims to ensure "deforestation-free supply chains" for the 27-nation EU, was hailed by environmental groups as "groundbreaking".
The scope encompasses palm oil, cattle, soy, coffee, cocoa, timber and rubber as well as derived products such as beef, furniture and chocolate.
The external debt of developing economies has more than doubled from a decade ago to US$9 trillion in 2021, the...
Many countries are already facing or at risk of debt distress with surging global inflation and rising interest rates.
The external debt of International Development Association countries also nearly tripled in the decade leading up to 2021.
TRIPOLI, LIBYA - Libya's state energy firm urged its foreign oil and gas partners to resume exploration and production Tuesday...
Rival administrations in east and west have vied for power in Libya since March.
Libya aims to raise its oil output from around 1.2 million barrels per day currently to 2.0 million bpd by 2027, NOC chairman Farhat Bengdara said.
This represents Bombardier’s first full-service facility in UAE.
The development of the new Bombardier MRO at Abu Dhabi International Airport is one of several key investments Abu Dhabi Airports is supporting.
This represents Bombardier’s first full-service facility in the UAE and builds on its long-term commitment to their customers in this critical market.
LONDON, UK - The UAE Ministry of Energy and Infrastructure (MOEI) and the Transport General Authority (TGA) of the Kingdom...
The move is in line to ensure the highest standards of maritime safety and within the outcomes of the Saudi-Emirati Coordination Council.
This is as per the International Convention on Standards of Training, Certification and Watchkeeping for Seafarers 1978 and its amendments.
Paris, France— The energy crisis is fuelling an acceleration of the rollout of renewable power, raising hopes for efforts to meet...
The IEA report says total renewables capacity worldwide is set to almost double in the next five years and overtake coal as the largest source of electricity generation by 2025
The amount of renewable power capacity added in Europe between 2022-2027 is forecast to be twice as high as in the previous five-year period
Various IPOs raised nearly $4.8 billion in the GCC in the first five months of 2022 alone, which was higher...
IPOs in the Gulf prove resilient to the volatility hurting deals in other markets, such as high oil prices, stable economies, and abundant liquidity fuel activity.
Significant privatizations and private growth companies are now entering the IPO markets due to the recent surge of PO activity and frameworks introduced to enable SPAC formation.