Economy - TRENDS MENA

Turkey's foreign minister signed a deal in Libya's capital Monday allowing for oil and gas exploration in 'Libyan waters'.
The deal follows an agreement Turkey signed with authorities in Tripoli in 2019, which demarcated the countries' shared maritime borders.
The deal came at the height of a year-long battle between rival governments vying for control of the capital.
UAE's Ministry of Finance (MoF) participated in the third Framework Working Group (FWG) meeting within the G20 Finance Track for...
The meeting was held in Indonesia and sought to discuss key global economic issues.
G20 members, invited non-G20 member countries, representatives of the World Bank, IMF, and OECD also attended the meeting.
UAE Ministry of Human Resources and Emiratization has launched the Customer First Forum, comprising virtual sessions on a weekly basis...
The Customer First Forum aims to take feedback of all parties on the labor market legislations.
It also seeks to enhance direct communications between the ministry and the private sector.
Turkish inflation jumped to a new 24-year high exceeding 83 percent in September, official data showed Monday after the central...
President Recep Tayyip Erdogan, who has focused on growth ahead of a general election in June, has repeatedly railed against higher rates, calling them his "biggest enemy"
The TUIK state statistics agency said Monday that consumer prices rose by 83.45 percent in September on an annual basis, up from 80.2 percent in August
The highest number of visitors was from the GCC countries at 59 percent.
The highest number of visitors was from the GCC countries at 59 percent
As for visitors by type of port, the visitors via Air make up the highest percentage
In a project launched at Dubai's gleaming Museum of the Future, it announced that the UAE's economy ministry was setting...
Representatives of tech giants mingled with entrepreneurs exploring the potential of the metaverse, a network of digital spaces intended as an extension of the physical world
The UAE has already introduced a law governing virtual assets and a regulatory body for cryptocurrencies while welcoming major crypto exchange platforms
For most of Gaza's 2.3 million residents, living under a 15-year-old Israeli blockade, power cuts are a daily fact of...
Gaza bakery owner Bishara Shehadeh began the switch to solar this summer, by placing hundreds of gleaming panels on his rooftop
Green energy advocates say that solar energy is a vision for a global future as the world faces the perils of climate change and rising energy costs
The jump comes after both main contracts suffered hefty losses in recent months on demand fears caused by an expected...
WTI climbed 3.3 percent to $82.12 and Brent also piled on 3.3 percent to $87.94 ahead of a meeting of the group this week in Vienna
The reduction in production -- which delegates to OPEC said had not been finalized -- would be the biggest since the pandemic began when crude prices collapsed
Saudi Arabia hosted a meeting of the GCC Financial and Economic Cooperation Committee to broaden economic cooperation among the GCC...
The meeting was held under the chairmanship of Minister of Finance Mohammed bin Abdullah Al-Jadaan
It reviewed a host of issues related to enhancing financial and economic cooperation among the GCC countries besides discussing the impact of the world economic crisis
IMF expects the Kingdom to become one of the world's fastest-growing economies, recording a growth of 7.6% this year
IMF expects the Kingdom to become one of the world's fastest-growing economies, recording a growth of 7.6% this year
Credit rating agency S&P has already affirmed Saudi Arabia’s rating at “A-/A-2” with a positive outlook citing higher oil revenues