Economy - TRENDS MENA

The secretary general of the Gulf Cooperation Council condemned remarks by Germany's interior minister on the World Cup due to...
GCC chief Nayef al-Hajraf expressed support for Qatar in a statement published on the council's website.
The six-member Gulf bloc backs Doha in addressing any interference in its internal affairs, the GCC chief said.
Russia suspended its participation in a pact that allowed grain exports from Ukraine, blaming alleged drone attacks on Russian ships...
The Turkey and UN-brokered deal to unlock grain exports signed between Russia and Ukraine in July is critical to easing the global food crisis caused by the conflict.
Russia had recently criticized the deal, saying its own grain exports have suffered due to Western sanctions.
Stock markets across the GCC remained less enthusiastic as oil, which fuels the region's growth, declined amidst fresh coronavirus scare.
Gulf stock exchanges declined during the last two trading days.
The Dubai Financial Market fell 49 points for this week as a whole, or 1.4 percent, compared to last week,
The European Union has frozen Russian assets worth around $16.9 billion since Moscow invaded Ukraine, EU Justice Commissioner Didier Reynders...
The figure has risen from the roughly US$13.7 billion from oligarchs and other entities that the EU had frozen and announced in July.
So far, the assets of 90 people worth more than $16.9 billion in seven members, including $2.1 billion in Germany, have been frozen.
AMMAN, JORDAN - Amman is scheduled to host the Seventh International Investment Forum for Renewable Energy and Energy Efficiency in...
The forum will discuss over three days many important and vital issues on various fields of renewable energy, energy efficiency, green hydrogen.
The forum's themes will also cover innovative agricultural patterns, energy management, carbon trading.
Jordan's cabinet reshuffle is a mandate for the government to work within the Kingdom's three modernization tracks, launched at the...
The plans include political, economic and public sector modernization.
The new tasks for the government are streamlining performance, improving public service, attracting investment and economic development.
Calling on "all parties" to make every effort to extend the agreement on Ukrainian grain exports, UN Secretary-General Antonio Guterres...
The initial agreement was set to last 120 days, with the option for renewal on November 19 "if no party objects," Guterres' spokesman Stephane Dujarric noted Friday
Russian ambassador to the UN Vassily Nebenzia told reporters Thursday that Russian exports must be allowed to go through before Moscow will commit to an extension of the deal
Abu Dhabi, UAE— The UAE Ministry of Finance announced amendments to some provisions of the Federal Decree-Law No. 8 of...
The amendments were made are in line with international best practice in light of the GCC Unified VAT Agreement
They are based on past experiences, challenges faced by various business sectors as well as the recommendations received from the relevant parties
Consumers in the Gulf country plan to adjust their lifestyle by reducing their household and miscellaneous expenses over the next...
Consumers in the Gulf country plan to adjust their lifestyle by reducing their household and miscellaneous expenses over the next three months, a latest survey points out
When asked in which segments they will reduce spending on over the next three months due to rising prices, 26 percent of those polled cited clothing as the top area, it adds
DUBAI, UAE - The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with the Bangladesh Securities...
The MoU was signed by Chief Executive of the DFSA Ian Johnston and Chairman of the BSEC Professor Shibli Rubayat Ul Islam Friday in Dubai.
The agreement provides a framework for facilitating cross-border collaboration between the two bodies on supervision and enforcement actions.