Economy - TRENDS MENA

ran's foreign ministry Tuesday slammed as unjustified the new sanctions by the European Union and Britain against Tehran over its...

Although the PMI in August was 57.7, the kingdom has maintained steady growth for the 25th consecutive month.
Although the PMI in August was 57.7, the kingdom has maintained steady growth for the 25th consecutive month
Readings above 50 indicate expansion, while readings below 50 indicate contraction, according to S&P Global
The Riyadh Chamber hosted a meeting in which 23 Russian companies and representatives of the Saudi Arabian business sector participated.
The meeting stressed the importance of commercial relations between Saudi Arabia and Russia.
Businesses can benefit from investment opportunities and partnerships in the two countries.
Germany pushed back against critics of a 200-billion-euro ($198-billion) energy fund, as Berlin faces fresh accusations it is going it...
France and key members of the European Commission are asking for EU-wide solutions to the energy crunch aggravated by the Ukraine war.
They fear that European countries with high debts cannot afford the largesse demonstrated by Germany, the EU's biggest economy.
The visas currently under process, even those in the last stages of completion, will also be valid for two years...
The decision comes into effect from October 3, 2022. Earlier, the residence visas were valid for three years.
The UAQ Free Zone says that all residence visas or Emirates IDs issued for three years will be valid until renewal.
Asian and European stocks rallied and the dollar dipped as weak US data sparked hopes the Federal Reserve could ease...
Monetary tightening by Federal Reserve and other central banks has raised fears that it could plunge countries into recession.
Eurozone manufacturing survey data showed a contraction on the back of the region's ongoing energy crisis.
Banks in the country, mired in an economic crisis for more than two years, partially reopened last week under strict...
The armed pensioner, in his 50s, demanded access to the 24,000 dollars in frozen funds in his account.
He was detained, his brother said, and it was unclear whether he had been able to release any of his savings.
Firm aims to expand its utilities, energy investments.
Multiply Group had recently invested US$2.7 billion in a 7.3 percent stake in the Abu Dhabi National Energy Company.
Other investments include 100 percent ownership of PAL Cooling Holding, one of the top players in the UAE’s district cooling industry.
"The deserts and mountains of Saudi Arabia will soon be a playground for winter sports," the Olympic Council of Asia...
First announced in 2017, NEOM has consistently raised eyebrows for proposed flourishes like flying taxis and robot maids
The Asian Winter Games are slated to take place in Trojena, an area of NEOM "where winter temperatures drop below zero celsius
Regulators have begun to pay attention, with US Securities and Exchange Commission Chairman Gary Gensler suggesting proof-of-stake looked like a...
De Vries, whose Digiconomist website models the energy use of Bitcoin and Ethereum, said consumption had indeed plummeted by more than 99 percent on Ethereum
Cryptocurrencies were envisaged as a decentralized alternative to the banks, corporations, and governments that failed so spectacularly during the global crash of 2008
The agreement was signed between the President of the Civil Aviation Authority of Saudi Arabia Abdulaziz bin Abdullah Al-Dialej and...
The pact was signed between the Saudi Arabia’s President of the Civil Aviation Authority Saudi Arabia Abdulaziz bin Abdullah Al-Dialej and his Chinese counterpart
It aims at increasing the number of air flights and stations and achieving further cooperation in the air transport sectors of the two countries.