Economy - TRENDS MENA

As the world grapples with uncertainty, the summit offers a much-needed space for cooperation and innovation, led by the Franco-Arab...

Firm is suffering from slowdown in China's economic growth.
The steelmaker said it had reduced European gas consumption by 30 percent amid soaring costs.
ArcelorMittal said in September that it would shut down two of its blast furnaces in Europe over high energy prices and lower demand.
Firm to transfer it equity interest to JV partner Sollers.
Mazda stopped shipping parts to Russia in March and ended operations the following month.
The company said it signed an agreement last month to transfer all of its equity interest in the Russian business to its joint venture partner Sollers.
Taleem set the price range at AED2.95 ($0.80) and AED3 per share, implying a market capitalization at time of listing...
The final offer price is expected to be announced on 18 Nov. 2022. Listing of the shares and trading on DFM is expected to begin 29 Nov. 2022.
The company is seeking to raise total capital of $204 million from the IPO, whose net proceeds will be used to expand its premium K-12 segment, Taaleem said in a statement.
Eng. Al-Nasr called for developing new and innovative ways to confront escalation in cyber-attacks and address them quickly.
Eng. Al-Nasr called for developing new and innovative ways to confront escalation in cyber-attacks and address them quickly
He called for finding and providing technical security solutions that give access to the best possible safe environment for users of the futuristic city’s technologies
Revenues in H1 of 2022-2023 surged 131% to $13.7 billion.
Emirates has bounced back into the black after its losses during the pandemic, the airline said.
The airlines operations recovery accelerated as more countries eased and removed travel restrictions.
Dubai, UAE— The economies of the Gulf Cooperation Council will likely receive a boost from the FIFA 2022 World Cup,...
Dubai, according to the report, would benefit the most outside Qatar because of its proximity, tourism industry, airline connections and multiple-entry tourist visa provisions
According to S&P rating estimates, Qatar's real gross domestic product growth in 2022 will be 4.8 percent, a sharp increase from 2021
The digital economy has become an important cornerstone of China's stable economic development, said the China Internet Development Report 2022.
The digital economy has become a cornerstone of China's economic development, said the China Internet Development Report 2022 released during the WIC Wuzhen summit
The summit also released the World Internet Development Report 2022 which revealed the digital economy in 47 countries reached 38.1 trillion U.S. dollars in 2021
Diplomats from developing nations criticised the persistent imbalance in climate financing which, within the UN framework, should be evenly split...
In 2009, UN climate summit saw rich nations promise $100 billion a year by 2020 to Global South, but two years past that deadline the amount delivered is still $17 billion short
As climate disasters have multiplied over the last decade, nations in the Global South have called for a separate financial facility for loss and damage
The law which will come into effect from January 2023 aims to increase UAE’s attractiveness as investment destination.
The law which will come into effect from January 2023 aims to increase UAE’s attractiveness as investment destination
It allows the creation of a package of incentives and enablers for the industrial sector that support national strategic objectives
Josep Borrell, the EU High Representative for Foreign Affairs and Security Policy, points out that since the Ukrainian crisis, an...
The Ukrainian crisis has been a big push for the EU to understand the requirement of more renewables, especially the need to develop hydrogen, says EU official
The European Union has a new strategy for more engagement and better partnership with the Gulf countries, the bloc's foreign policy chief Josep Borrell adds