Economy - TRENDS MENA

Geneva, Switzerland – The latest Chief Economists Outlook released on May 29 presents a growing sense of cautious optimism about...

The North African country has seen its economy crippled by a crisis exacerbated by the coronavirus pandemic and the war...
The North African country has seen its economy crippled by a crisis exacerbated by the coronavirus pandemic and the war in Ukraine, which has sent public debt soaring
Fund officials had "productive" discussions with Tunisian authorities over the past two weeks, and talks "will continue over the coming weeks towards a staff-level agreement
Moody’s has projected the economy of Saudi Arabia to post growth rate of around 3.9 percent from 2022 to 2026.
The credit rating agency has issued a report elaborating on Saudi Arabia’s credit profile in terms of economic strength, institutional and governance strength and fiscal strength,
The report emphasized that Saudi Arabia’s credit strengths are derived from its robust government balance sheet, underpinned by moderate debt levels and substantial fiscal reserve
The people of Libya are enduring electricity cuts of up to 18 hours a day, despite their country sitting atop...
The electricity crisis is just the latest trial for Libyans after a decade of insecurity, fuel shortages
Many of Libya's seven million people have turned to unreliable, gas-guzzling and polluting generators for electricity
Dubai issued 45,653 new business licenses in the first half (H1) of 2022, registering a growth of 25 percent compared...
Dubai issued 45,653 new business licenses in the first half (H1) of 2022, a growth of 25 percent compared to the same period last year
The numbers reaffirm the success of the government's innovative new strategic approaches and policy amendments
The assembly will host more than 300 global experts, policymakers, thought leaders, and decision-makers from more than 40 organizations.
The global event brings together regional and international experts in Dubai to shape the future of the metaverse.
It explores how technology can be deployed across vital sectors to create better future and quality of life for humanity.
Investments in Saudi startups grew by 244 percent to a record high of SAR 2.19 billion ($584 million) in the...
In fact, the investments in the first half of 2022 surpassed the total investments in 2021, according to a report by the venture data platform, MAGNiTT.
The report said the kingdom advanced to become the second-most active VC market in MENA by number of deals, which rose by 36 percent to 79 deals in H1 2022.
Egypt's President Abdul Fattah Al-Sisi underscored the importance of coordination and cooperation among all countries of the world to confront...
Egypt's President Abdul Fattah Al-Sisi said global coordination and cooperation is necessary to deal with the energy crisis
He said Egypt is determined to coordinate with friendly countries to tackle tension in its neighborhood
The combined investments in the MENA power sector includes US$93 billion which has already been committed.
The combined investments in the MENA power sector includes US$93 billion which has already been committed
US$60 billion worth of power projects are being developed in Saudi Arabia, followed by Egypt with US$37 billion worth of projects
This represents a 4.3 percent increase in nominal terms and the equivalent to 0.49 percent of collective Gross National Income.
This represents a 4.3 percent increase in nominal terms and the equivalent to 0.49 percent of collective Gross National Income.
Overall, 22 Member States increased their ODA in nominal terms last year compared to 2020, with the strongest nominal increases coming from Germany
The Indian rupee fell to more than 80 per US dollar for the first time on record Tuesday, as the...
Tighter US monetary policy has exacerbated outflows from emerging markets such as India, where foreign investors have withdrawn a net $30.8 billion in debt and equity this year
In a written statement to the Indian parliament on Monday, finance minister Nirmala Sitharaman attributed the rupee's sharp fall to external reasons