Economy - TRENDS MENA

The UAE and Saudi Arabia’s trade with China and India far exceeds their trade with the US and UK. This...

Stormy US-Saudi relations have seen new strain over Riyadh's recent support for oil production cuts, with Biden warning of unspecified...
The move was widely seen as a diplomatic slap in the face, since Biden traveled to Saudi Arabia in July and met with the crown prince.
The Biden administration has voiced openness to retaliatory measures in Congress by enraged Democrats,. Saudis defended the move as motivated purely by economics.
Dubai Customs provides the services and facilities to licensed companies in the free zones of the Emirate to boost investments...
Dubai Customs facilitates procedures to determine the value of the goods imported by the free zone companies.
It provides services and facilities to licensed companies in free zones to boost investments and attract more investors.
The Foreign Experts Court of the Abu Dhabi Judicial Department (ADJD) has managed to maintain high adjudication rates in the...
The Foreign Experts Court has achieved a 90 percent disposition rate out of a total number of about 200 commercial cases.
The panel of the Foreign Experts Court consists of a single judge and two foreign experts.
Riyadh, Saudi Arabia-- Saudi Arabia's Deputy Minister of Industry and Mineral Resources for Mining Affairs Khalid bin Saleh Al-Mudaifer said...
Saudi Arabia expects its mineral wealth to exceed $1.3 trillion as it plans to triple spending on exploration of metals over the next three years.
Saudi deputy minister Khalid bin Saleh says the two countries will focus on quality of the projects.
During his two-year tenure, the minister will work with the committee that include ministers, and the Board of Governors of...
The committee aims to achieve international cooperation and consensus on issues related to development
Development Committee is a ministerial-level forum that represents the member countries of the WB and IMF
Washington, US-- International Monetary Fund and Egyptian authorities have agreed to finalize their work to reach a Staff-Level Agreement very...
IMF has said the implementation of Egypt's comprehensive structural reform agenda would gradually enhance the competitiveness of the economy.
The two sides are still in the process of determining the Egyptian exchange rate policies.
Washington, US—Bahrain has called for adoption of innovative solutions to encourage economic growth and sustainable development goals for all countries....
The country's Finance and National Economy Minister, Shaikh Salman bin Khalifa Al Khalifa, has stressed the importance of strengthening international cooperation
The minister took part in the meeting of the World Bank Development Committee, within the annual meetings of the Board of Governors of the World Bank and the IMF in Washington
The agreement would result in partnership in encouraging direct investment, communications and information technology, exploring the establishment of a joint...
An agreement was signed between the two countries during the presence of Saudi's Crown Prince & Prime Minister and South Africa's President
The agreement contains cooperation and exchange of news between the Saudi Press Agency (SPA) and the state-run South African News Agency.
The British government said the Free Trade Agreement is a major economic opportunity and plays a key role in the...
The two sides discussed Free Trade Agreement's goals and the exchange of technical information in 29 areas.
More than 100 British negotiators representing different sides of the British government participated in the round.
Reacting to British PM Liz Truss's abandoned tax cut reform, US President Joe Biden has termed it a "mistake" as...
Truss is set to sit down on Sunday with new finance minister Jeremy Hunt, who said she and Kwarteng had erred on September 23 in trying to cut taxes for the highest earners
Hunt said that some taxes will not be cut as quickly as people want and that some of the taxes will go up