Economy - TRENDS MENA

Muscat, Oman - The population of the six GCC countries reached 57.6 million in 2023, compared to 56.6 million in...

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA), which is listed on the Dubai Financial Market (DFM), has announced...
The assembly will vote on the recommendation of the Board of Directors to distribute a special one-time cash dividend of US$552 million to its shareholders.
For the year 2022, DEWA intends to pay its shareholders a total dividend of $2.24 billion.
The AIM Global 2023 is supported by the Ministry of Industry and Advanced Technologies, with the ADDED as a lead...
The AIM Global 2023 is supported by the Ministry of Industry and Advanced Technologies, with the ADDED as a lead partner
The meeting will be attended by decision-makers, investors, experts, and academic figures from all over the world
DHAKA, BANGLADESH - The UAE participated in the Indian Ocean Rim Association's (IORA) 22nd Council of Ministers (COM) meeting and...
The UAE affirmed its commitment to promoting inclusive growth and prosperity within the Indian Ocean region.
The launch of the Sheikh Zayed IORA Scholarship for Humanitarian Action and Development was officially announced.
Gross domestic product grew "despite difficult general conditions in the global economy such as the continuing Covid-19 pandemic, delivery bottlenecks,...
Europe's biggest economy expanded by 0.4 percent between July and September compared to the second quarter
Analysts had forecast a contraction in the third quarter as the fallout from Russia's war in Ukraine takes a toll on European economies
The United Nations had previously handled the repatriation of refugees from Libya, but the deal between authorities in the west,...
The group of returnees included "105 Egyptians, 101 Chadians and 20 Sudanese."
The operation was organized by the Interior Ministry of Prime Minister Abdulhamid Dbeibah's Tripoli-based government
Sheikh Hamdan bin Mohammed, who is also Dubai’s Higher Committee of Future Technology Development and Digital Economy Chairman, said this...
Sheikh Hamdan has approved the new phase of the Dubai Metaverse Strategy, which aims to enhance the digital economy
The new phase of the strategy aims to implement measures to empower the use of the metaverse and future technologies
London, UK --The Energy Industries Council (EIC), one of the world’s largest energy trade associations, has released a report on...
An EIC report titled “UAE: EIC Country Report – November 2022”, highlights the UAE’s Hydrogen developments in the sector.
“The UAE could be a key player and deliver 25 percent of the production of the global low-carbon hydrogen market by 2030,” the report said
With the latest cut, the rate has reached "a sufficient level with regard to growing risks concerning global demand", the...
On the wishes of President Recep Tayyip Erdogan, the Turkish bank said it had lowered its benchmark rate from 10.5 percent to nine percent.
Erdogan had vowed to lower interest rates to single digits by the end of 2022 as he prioritizes economic growth and jobs over price stability.
Firm said this will help bolster its presence in kingdom.
Nestle's announcement is likely to be a major boost to Saudi Arabia as the kingdom pushes to attract greater foreign investment.
Nestle will build a new factory, due to open in 2025 that will produce infant nutrition products and ready-to-drink coffee.
AMMAN, JORDAN - Jordan's Minister of Energy Saleh Kharabsheh stressed on the importance of conducting an electrical interconnection project to...
Jordan's Minister said electric connection with Europe achieves integration by supplying the continent with relatively low-cost energy.
He said that Jordan seeks to turn its electric power grid into a smart one.