Economy - TRENDS MENA

Higher-than-expected inflation, especially in the United States and major European economies, is triggering a tightening of global financial conditions.
Higher-than-expected inflation, especially in the United States and major European economies, is triggering a tightening of global financial conditions
China’s slowdown has been worse than anticipated amid COVID-19 outbreaks and lockdowns, and there have been further negative spillovers from the war in Ukraine
The poor performance result of sagging demand.
The US technology giant reported profit of $16.7 billion on revenue of $51.9 billion, topping the same quarter a year earlier but missing market forecasts.
The earnings stumble was due mostly to foreign exchange rates and shutdowns of personal computer factories in China
Lebanon's parliament approved on Tuesday a $150 million World Bank loan to import wheat, as shortages of subsidized bread intensify...
Long lines have formed in front of bakeries and supermarkets where people wait hours for a bag of subsidized Arabic bread.
Lebanon imports 80 percent of its wheat from war-torn Ukraine, according to a representative of Lebanon's wheat importers.
In its latest World Economic Outlook, the International Monetary Fund cut the 2022 global GDP estimate to 3.2 percent, four-tenths...
The top priority for policymakers is to rein in soaring prices, even at the cost of inflicting pain on their citizens, the fund said.
China's economy is expected to slow dramatically in 2022, expanding just 3.3 percent -- the lowest in more than four decades.
The artificial lake was created in the 1950s following construction of the Dukan dam, to supply irrigation and drinking water...
The artificial lake was created in the 1950s following construction of the Dukan dam, to supply irrigation and drinking water for the region, as well as generate electricity
With rainfall becoming a rarity and after three successive years of drought, Iraq has been forced to halve the area it devotes to agriculture
Moroccan authorities on Monday retrieved the bodies of eight migrants off the southern shores of the North African kingdom, local...
Their inflatable boat sank near the coastal town of Akhfennir in Tarfaya province as it tried to reach Spain's Canary Islands
Almost 1,000 migrants died or were reported missing at sea in the first half of the year as they tried to reach Spain, rights group said
The Marina and terminal will contribute to transforming Jeddah’s coastline.
The Marina and terminal will contribute to transforming Jeddah’s coastline
The project will also foster growth of the Kingdom’s marine tourism industry
Crown Prince Mohammed bin Salman bin Abdulaziz, and Chairman of the NEOM Board of Directors, Monday announced the designs of...
THE LINE is a civilizational revolution that puts humans first, providing an unprecedented urban living experience while preserving the surrounding nature
The designs of THE LINE embody how urban communities will be in the future in an environment free from roads, cars and emissions
Prime Minister of Egypt Mostafa Kamal Madbouly witnessed a signing ceremony Monday in Cairo that welcomed Bahrain as the fourth...
The Industrial Partnership for Sustainable Economic Development was announced in the UAE on May 29, 2022 with an aim to empower their industrial sector.
The plan was establish large joint industrial projects, providing private sector companies with opportunities for expansion and creating job opportunities.
Saudi Ministry of Energy has put forward renewable energy projects with a production capacity of 7.1 gigawatts (GWs), which are...
The current production capacity of renewable energy projects is 700 megawatts.
Energy projects are covered under the National Renewable Energy Program (NREP).