Economy - TRENDS MENA

The projects, whose total capacity reaches 3,300 MW, includes three which will utilize wind energy and two which will use...
The projects, whose total capacity reaches 3,300 MW, includes three which will utilize wind energy and two which will use solar energy
The projects are part of the National Renewable Energy Program as part of Saudi Arabia’s target to reach the best energy mix
Continuing with its slide against the dollar, the pound hit a record low on fears about the UK economy after...
The pound fell below $1.10 for the first time since 1985 as new finance minister Kwasi Kwarteng announced his controversial mini-budget
The collapse in sterling came as markets across the world are sent into a spin by recession worries caused by a sharp tightening of monetary policy
The German economy, like the economy of the vast majority of European countries, faces major challenges due to the Russian...
Habeck said that the German government should not leave small and medium-sized companies to face the risk of recession alone
The German minister seeks to include about one million small and medium-sized companies under the protectionist umbrella
Egypt’s natural gas and liquified natural gas (LNG) export revenues reached $8 billion in the fiscal year 2021-2022.
Egypt’s natural gas and liquified natural gas (LNG) export revenues reached $8 billion in the fiscal year 2021-2022
Egypt has quadrupled its exports of LNG and natural gas over the past eight years from 1.9 million tonnes to 7.2 million tonnes
The funds are scheduled to be deposited in a trust account to finance programs as per the needs of refugees...
The fund consists of an endowment account and a non-endowment account, to receive and invest donations per the principles of Islamic finance.
Islamic Solidarity Fund for Development contributed $50 million to endowment account, and UNHCR contributed $50 million to non-endowment account.
Jordan Prime Minister Dr. Bisher Khasawneh has a joint meeting with the agriculture ministers of Iraq, Syria and Lebanon.
The Jordan PM stressed the importance of the four countries' cooperation to enhance sustainable food security.
The PM said COVID-19 pandemic and Ukraine war have affected basic commodities supply chains.
The latest study on Diversity, Equality and Inclusion sheds light on the diversity gap in the region while offering solutions.
Middle East – IMA and IFAC recently release DEI report: "Diversifying Accounting Talent in the MENA region: A Critical Imperative to Achieve Transformational Outcomes”.
The study focuses primarily on gender, nationality, and ability within the MENA region, assessing deeply rooted issues inhibiting DEI progress within the accounting profession.
The UAE delegation attended the sixth day of high-level meetings on the sidelines of the 77th Session of the United...
The meetings included a ministerial-level interaction with the Non-Aligned Movement.
It also included meeting with the African Union.
The Sharjah Chamber of Commerce and Industry (SCCI) has hosted a webinar in cooperation with Al Etihad Credit Bureau (AECP)...
The webinar discussed various topics including the comprehensive credit protection solutions provided by Al Etihad Credit Bureau.
The credit protection solutions help companies improve risk management and make the right decisions when interacting with customers.
The Ministry of Energy and Infrastructure (MoEI) of UAE announced that it had signed an agreement with GHD Group, in...
UAE's National Hydrogen Strategy will help in formulating policies for energy-mix diversification strategies and net-zero targets by 2050.
Crucial elements must be in place for a booming hydrogen-based economy, including proper infrastructure, technological readiness and market access.