Economy - TRENDS MENA

Asia-Pacific markets traded higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial...

Stocks mostly slid and the dollar surged after US jobs data showed only a timid slowdown in the labor market,...
There was a brief rebound at the start of the week as investors hoped data pointing to economic slowdown would allow the Fed to slow down rate hikes.
Rising interest rates boost the dollar as foreign investors seek to buy dollar-denominated debt.
A high-level UAE delegation, on a visit to Egypt, met with senior officials of the Egyptian Ministry of Defense.
The two sides discussed opportunities for strengthening the overall relations between the UAE and Egypt.
They discussed promoting partnerships between the defense industry of the two countries.
World food prices have fallen for a sixth month in a row in September, UN data showed as they continued...
The UN agency FAO said its price index averaged 136.3 points in September, a 1.1 percent drop from August.
The monthly decline was driven by a "sharp fall" in the prices of vegetable oils, the United Nations agency said.
EU leaders meeting in Prague looked to bridge divisions on how to tackle soaring energy prices as they grapple with...
EU leaders were discussing how to better protect their critical infrastructure in the wake of leaks from the Russia-Europe Nord Stream gas pipelines.
Europe is facing an energy crunch as the price of electricity generation skyrockets because of a massive surge in gas prices.
The firm operates the world's largest silicon wafer factories.
The Taiwanese firm controls more than half of global foundry output, with clients including Apple and Qualcomm.
TSMC produces some of the most advanced and smallest chips which are still highly sought after and in short supply.
The South Korean tech giant, Samsung Electronic, has said that it expects operating profits in the third quarter to fall...
Operating profit for July to September was predicted to reach 10.8 trillion won ($7.7 billion), down 31.7 percent
The global economy is now facing multiple challenges, including soaring inflation, rising interest rates, and a growing threat of a broad debt crisis
The two prime ministers affirmed that Jordan and Iraq maintain historical and strategic ties and are committed to expanding bilateral...
Prime Minister of Jordan Bisher Khasawneh and his Iraqi counterpart, Mustafa Kazemi laid the cornerstone for the electrical interconnection project
Khasawneh stressed that Jordan's leadership, government, and people are committed to supporting the security of Iraq and improving the country's stability, prosperity, and progress
The Algerian firm said in a statement that Sonatrach and its partner Naturgy have agreed to revise the prices of...
Algeria, Africa's top natural gas exporter, has signed a flurry of deals with southern European governments and energy firms seeking to offset the Ukraine war fallout
Spanish gas regulator Enagas says Algeria was the country's second gas supplier (24 percent) in August, behind the United States (26.5 percent)
With US inflation soaring new heights, the country's central bank has said more increases are likely to come this year...
Prices have surged over the past year, partly due to global supply chain problems that created shortages of key parts
The situation was exacerbated with Russia's invasion of Ukraine in February, spurring a surge in energy prices and affecting global food markets
To draw firms from around the world, the UAE and KSA have been working hard over past few years to...
The UAE and Saudi Arabia have been developing infrastructure on par with developed nations to attract businesses from around the world
Dubai is also great for businesses from the rest of the globe because it is relatively simple to register a property, obtain building licenses, and enforce contracts