Economy - TRENDS MENA

UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Agriculture Ministers’ Meeting in Bali...
Innovation and agri-tech has helped UAE to support smallholder farmers and enhance their contribution to food security.
innovative agricultural methods are the building blocks of sustainable food systems, says UAE minister.
UAE and Tanzania have signed an agreement for avoiding double taxation and preventing tax evasion.
The pact was signed as part of the UAE's endeavors to strengthen cooperation frameworks in tax matters.
The agreement is in line with both countries’ efforts to boost cooperation in tax fields, increase investment opportunities, encourage trade exchange.
Dubai ranked fifth globally and first in the Arab World in the Local Online Service Index (LOSI) 2022 issued by...
The latest Local Online Service Index assessed digital governments in major cities across 193 countries.
Dubai received perfect scores in Institutional Framework, Content Provision and Service Provision, earning it top ranking in these vital indicators.
The Ministry of Energy and Infrastructure (MoEI) announced the launch of the "UAE Maritime Network".
The initiative supports the Ministry of Energy and Infrastructure efforts to enhance the position of the UAE’s maritime sector globally.
The maritime network will be a knowledge hub for global stakeholders on investment opportunities in the UAE’s maritime industry.
A Swedish Coast Guard official said that there are two leaks on the Swedish side and two leaks on the...
Media reported that the latest leak was detected at the Nord Stream 2 pipeline, but the coast guard did not confirm this
The vast leaks cause significant bubbling at the surface of the sea several hundred meters wide, making it impossible to immediately inspect the structures
European Union also plans to expand its travel blacklist and asset freezes to include high-ranking Russian defense officials and organizers...
The EU will also look to ban Russian exports worth $7 billion and tighten restrictions on goods flowing from the EU that could help Russia's war machine
The push for an oil price cap is aimed at limiting how much third countries, such as China and India, pay for Russian crude
Abousleiman said the UAE led the world with a successful vaccination programme in 2021, as well as its monetary and...
Abousleiman said the UAE led the world with a successful vaccination programme in 2021, as well as its monetary and fiscal stimulus packages
He added that the GCC region is projected to expand by 5.9 percent in 2022 before moderating to 3.7 percent and 3.3 percent in 2023 and 2024, respectively
The 303km railway, with passenger trains traveling up to 200kmper hour, will join up with the UAE's national network that...
The railway will link Abu Dhabi with Oman's deep-sea Sohar port, which bills itself as a nexus of trade between Asia and Europe.
A multi-billion dollar railway linking the six Gulf Cooperation Council countries has languished since a feasibility study was approved in 2004.
The EU's executive proposed a new round of sanctions on Moscow over its latest "escalation" in Ukraine, including an oil...
As part of the new round of sanctions the commission is laying out a 'legal basis' for a price cap on Russian oil
It will also look to ban Russian exports worth $7 billion and tighten restrictions on goods flowing from the EU.
The exchange rate has been officially pegged at 1,507 Lebanese pounds to the dollar since 1997, but will drop to...
Lebanon's local currency has lost more than 95 percent of its value on the black market since the 2019 onset of the country's financial crisis, branded by the World Bank.
The decision to shift the peg follows a visit last week by a delegation from the International Monetary Fund, which is pressing Lebanon to implement reforms.