Economy - TRENDS MENA

Abu Dhabi, UAE - A new report highlighted the UAE's leadership in the regional solar energy sector, driven by initiatives...

An estimated 340 million international arrivals were recorded in the third quarter of 2022 alone, almost 50% of the nine-month...
An estimated 340 million international arrivals were recorded in the third quarter of 2022 alone, almost 50% of the nine-month total
Travel was boosted by strong pent-up demand, improved confidence levels and the lifting of restrictions in an increasing number of destinations
A pick-up in aircraft orders boosted demand for big-ticket US manufactured goods in October, with numbers rising more than expected,...
Orders for defense aircraft and parts soared 21.7 percent from September to October.
Surging inflation in the United States and supply chain problems have proven a challenge to industry and consumers.
ALEXANDRIA, EGYPT - Jordan's Minister of Transport Maher Abu Al-Samen discussed with his Egyptian counterpart Kamel Al-Wazir ways and means...
The talks were held on the sidelines of the Council meeting of Arab Transport Ministers in Alexandria, Egypt.
Jordan's minister hailed the constructive meeting of Arab Transport Ministers.
ABU DHABI, UAE - The Abu Dhabi Judicial Academy (ADJA) celebrated the graduation of the first batch of the foundation...
The program will prepare trained and specialized human cadres capable of understanding, assimilating and developing the legal systems.
The program combines practical and theoretical training and to provide the cadres with basic skills that ensure efficient performance of their work.
In a dry country where access to water is already far below the 1,700 cubic meters per resident per year...
Used in moisturizing and anti-ageing products, the oil is a much-needed cash cow in a region where one third of people live in poverty
The success of the prickly pear in Zelfen has prompted farmers in other regions such as Nabeul and Kairouan to take an interest
"The UAE economic model is based on developing the national entrepreneurship system and enhancing the participation of Emirati entrepreneurs and...
The UAE government is seeking to open new channels for entrepreneurs and support the growth and expansion of their businesses in global markets, says economy minister
The country is strengthening global strategic economic partnerships and cooperation to enhance the potential for sustainable growth, Abdullah bin Touq Al Marri adds
With its revenues buoyed by high hydrocarbon prices over the past year, Algeria intends to double its defense budget to...
According to the budget approved by the lower house, the total allocated to defense in 2023 will be $22.8 billion for 2022
The overall budget is predicated on a forecast economic growth rate of 4.1 percent and inflation of 5.1 percent, along with an oil price of at least $60 a barrel
Raising capital, in general, has become difficult for startups in wake of global and regional issues but the Kingdom is...
Raising capital, in general, has become difficult for startups in wake of global and regional issues but the Kingdom is in better position, says Nomow's Sumaya Ali Algabbass
Saudi Arabia, whose startups raised $70 million across 12 deals, ranked third, with e-commerce enabler platform Zid grabbing $50 million, according to a study
The country's inflation has risen with global trends and is expected to average just over 5 percent this year, while...
The IMF statement came following discussions with UAE authorities from November 2 to 17, 2022. Ali Al-Eyd, who led the IMF staff team, the UAE has seen robust growth this year.
The outlook is, however, subject to significant external uncertainties, including the impacts of global economic and financial headwinds and geopolitical developments.
The agreement comes as Abu Dhabi accelerates its development of solar energy solutions to support the wider UAE net-zero emissions...
The agreement comes as Abu Dhabi accelerates its development of solar energy solutions to support the wider UAE net-zero emissions by 2050 agenda
The emirate plans to install 5.6 gigawatts of solar PV capacity by 2026 and is currently developing the world’s largest solar plant with a capacity of 2GWs in the Al Dhafra