Economy - TRENDS MENA

Kuwait's crown prince swore in a new government, less than a month after the emirate held parliamentary elections in which...
The new government team, led by Prime Minister Sheikh Ahmed Nawaf al-Ahmed Al-Sabah comes after lawmakers objected to an initial line-up in early October.
The new government will be tasked with dealing with "priority issues" such as development, investments and the fight against corruption.
BP bought US firm to reach net zero emissions by 2050.
BP, the London-listed energy major, is flush with cash after recent surges in oil prices.
There have been calls for the cash-strapped UK government to massively enlarge a windfall tax on British energy giants.
Iran vowed an "immediate" response to the European Union as it prepares new sanctions on the Islamic republic after over...
Iran will "decide and act immediately in accordance with the decisions and actions" taken by EU member countries.
Iran has been rocked by demonstrations since the death of 22-year-old Amini and a crackdown on protesters.
Riyadh, Saudi Arabia---Saudi Arabia will target 11 new decisions for Emiratisation program in project management, procurement, food and drug sectors...
New Emiratisation decisions will be targeted in project management, procurement, food and drug sectors.
Emiratisation has cut unemployment rate of Saudis to 9.7 percent and increased the rate of economic participation of women by 35.6 percent.
Jeremy Hunt was put in place on Friday after Prime Minister Liz Truss sacked Kwasi Kwarteng as she battles to...
The pound held above $1.12, having sunk Friday owing to the uncertainty in Westminster, while a news conference by Truss did very little to reassure nervous investors
Bonds also rallied on the first day without the Bank of England support put in place in response to turmoil caused by Kwarteng's mini-budget
It has agreed to pay $495 million as part of a deal reached with US prosecutors in a long-running dispute...
In the claim filed in 2013, Credit Suisse was criticized for not having provided sufficient information on the risks relating to $10 billion of mortgage-backed securities
Last year, Credit Suisse paid $600 million to financial guarantee insurer MIBA to settle other long-running litigation connected to the US subprime mortgage crisis
US National Security Advisor Jake Sullivan told CNN on Sunday that Biden would "act methodically, strategically" in re-evaluating US-Saudi relations,...
Saudi Arabia has insisted the OPEC+ decision was purely economic and said US weapons sales serve both countries' interests
The Biden administration has voiced openness to retaliatory measures in Congress by enraged fellow Democrats
With the World Cup a few weeks away, and a million fans expected to descend on Doha, Qatari landlords are...
FIFA recently released thousands of hotel rooms it had reserved, which experts have said could push prices of hotel rooms down in the coming weeks
Some Doha residents are putting their flats and houses up for rent and fleeing Qatar for the month
Paris, France— Russia's invasion of Ukraine and the resulting economic fallout have thrown four million children into poverty across eastern Europe...
UNICEF said that children were bearing the heaviest burden of the economic crisis caused by the war in Ukraine
UNICEF drew its conclusions from a study of data from 22 countries
The Sharjah Chamber of Commerce and Industry participated in the international conference to mark the 100th anniversary of the Egyptian...
The Chairman of Sharjah Chambers Chairman met a number of officials from various Chambers of Commerce and Industry.
He also met with representatives of ministries and bodies concerned with economic affairs, unions, and economic organizations from different countries.