Economy - TRENDS MENA

Studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery...
Recent studies suggest the electric vehicles may not eliminate all emissions even by 2050, particularly those related to mining and battery production.
Wider adoption of EVs will hinge on affordability which, in turn, is reliant on battery production and robust charging infrastructure
The revenues of the medical and recovery tourism, globally, is around $100 billion annually, said Bandar Al Fihaid, President of the...
Bandar Al Fihaid, President of the Arab Tourism Organization (ATO) said this in a report.
The ATO president also said that Arab tourists expenditure amounts to nearly $30 billion.
Turkey next month will resume drilling operations near the divided island of Cyprus, a top official said Wednesday, threatening to...
Turkey had been drilling near waters claimed by its historic rival Greece and the self-declared Turkish Republic of Northern Cyprus (TRNC) recognized only by Ankara
The 2020 crisis was smoothed over when Turkey pulled back a research vessel from the resource-rich region and halted its drilling operation near the island
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