Economy - TRENDS MENA

Pakistan's IT sector is thriving, with growing exports and recognition as a tech hub, driven by government support, skilled talent,...

The country's struggling economy needs to urgently secure more foreign currency in its $400 billion economy to plug gaping deficits.
The country is looking to garner $41 billion to pay for its current account deficit and maturing debt by the end of 2023
Saudi Arabia, the UAE and Qatar have pledged more than $22 billion in deposits and investments in the struggling economy
The Ras Al Khaimah Chamber of Commerce and Industry issued its statistics for the second quarter of 2022, which showed...
The report also showed that the number of certificates of origin issued by the chamber totaled 5,871.
A total of 326 plots were sold for $446 million, while 1,567 apartments and villas were purchased for $849 million
A total of 2,433 real estate transactions worth $2.6 billion (AED9.7 billion) were conducted during the week ending 12th August,...
A total of 2,433 real estate transactions worth $2.6 billion were conducted during the week ending 12th August, 2022
A total of 326 plots were sold for $446 million, while 1,567 apartments and villas were purchased for $849 million
The Competitiveness Office of Abu Dhabi, part of the Abu Dhabi Department of Economic Development, has officially launched the 'Abu...
The program aims to support individuals who wish to turn their ideas into innovative commercial opportunities
This incubator program is part of the 14 initiatives under the 'Abu Dhabi Innovates'.
Dubai Airports has been named the winner of a Gold Stevie Award in the Most Innovative Workplace Redesign During COVID-19...
Dubai Airports wins Gold Stevie Award for initiatives during the pandemic to protect the health and wellbeing of employees, customers and guests.
This included the redesign of the Dubai Airports workplace with the installation of onsite testing and vaccination facilities.
Saudi Arabia has launched new youth programs aimed at raising the number of qualified manpower in the field of economics,...
The programs seek to reduce the gap between the skills required in the field of economy and the requirements of the labor market.
This initiative included the launch of the "Scholarship Advantages" program for students who have been accepted for scholarships in economics, public policy and social sciences.
The value of the trade-in commodities from normal metals and their products increased to AED24.51 billion, with a growth rate...
Exports during the first six months of this year increased to 26 percent, at a value of AED49 billion and 479 million, compared to AED39.19 billion in 2021.
The trade with Saudi Arabia was the highest at AED28.63 billion, with a growth rate of three percent compared to AED27.90 billion recorded during the same period in 2021.
The ACCI witnessed the signing of a strategic partnership agreement to supply rosewater between Lavish Perfumes with Lecheq Farm Distillery...
The Ajman Chamber of Commerce and Industry wants members to increase the volume of intra-trade.
The Chamber also wants members to strengthen international relations between business owners in Ajman and their outside counterparts
Central Bank of Iraq announced that foreign exchange reserves rose to US$82 billion, while gold reserves exceeded 130 tons.
Iraq's Central Bank says that its gold reserves exceed 130 tons
Among the countries with the most gold, Iraq has now reached 30 position
The incident was the latest involving local banks and angry depositors unable to access savings that have been locked in...
Official media said the suspect turned himself in when the bank agreed to give him $30,000 out of his more than $200,000 in trapped savings
Inflation is rampant in Lebanon, electricity is scarce and, according to the United Nations, around 80 percent of Lebanese live in poverty