Economy - TRENDS MENA

China's banking regulator has urged lenders to extend more credit to real estate developers, as a growing number of homebuyers...
The consumer mortgage boycott has worsened fears of financial contagion in the country's troubled real estate sector
Furious at postponed deliveries of pre-sold homes, homebuyers have halted payments for already sold units in at least 100 residential projects
International Labor Organization (ILO) estimated that the gender gap in labor force participation in Jordan has led to a loss...
International Labor Organization (ILO) estimated that the gender gap in labor force participation in Jordan has led to a loss of $8 billion in the value of GDP in 2018
UNICEF estimated that increase in women’s participation in the Jordanian labor force by 25% over the next seven years will help Jordan's GDP grow by 5% annually
IPP model enabled DEWA to save an additional investment of AED 26 billion, which it invested in other infrastructure projects.
IPP model enabled DEWA to save an additional investment of AED 26 billion, which it invested in other infrastructure projects
DEWA has developed a new benchmark for solar energy prices for every kilowatt hour, thus making Dubai a global benchmark for solar energy prices
The Kingdom is stepping forward and allowing the private firms to invest in healthcare infrastructure, Sandeep Sinha, Head of Healthcare...
The Kingdom is seeing a rise in private investment in the industry with multiple forthcoming healthcare PPP projects
Improving access to quality healthcare and building a world-class infrastructure are crucial pillars of Saudi Arabia's Vision 2030
An agreement between Dubai Land Department and Emirates NBD eliminates the need for manually managing postdated cheques submitted to landlords.
Dubai has one of world’s most competitive real estate markets. Rents have increased dramatically in the emirate: In May, the average monthly apartment rent was $7,500.
Real estate is an important part of the UAE’s economy, responsible for around 5 percent of the gross domestic product.
Dubai has retained its top rank worldwide for attracting foreign direct investment (FDI) into tourism in 2021. With AED6.4 billion...
With $1.74 bn in FDI across 30 FDI projects during the year, Dubai ranked number one in FDI capital, projects, and job creation in the tourism sector.
Dubai welcomed 7.28 million international overnight visitors in 2021, representing a 32 percent year-over-year growth.
Iraqi Prime Minister Mustafa Al-Kadhimi said the Middle East has been affected by climate change, water crisis, dangers of desertification,...
The Middle East has been affected by climate change, water crisis, dangers of desertification and COVID-19 pandemic.
Iraqi Prime Minister Mustafa Al-Kadhimi has called for joint efforts to confront the issues facing the region
Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih said that the Saudi-US and GCC-US summits, in the presence of...
Jeddah Summit strengthens solid relations and strategic partnership between the US and GCC countries
Economic relations between the US and the Kingdom are nearly 90 years old, says Saudi minister
The European Union will discuss tightening sanctions against Russia on Monday, as Moscow is accused of using the continent's largest...
Brussels is expected to hold initial sanctions discussions Monday as Moscow is accused of using the continent's largest nuclear power plant
With the conflict grinding on and increasingly spilling out into global energy and food crises, the EU's foreign ministers are considering banning gold purchases from Russia
Thousands of young date palms, Iraq's national symbol, form lines that extend from the edge of the desert near the...
Iraq's prized trees are central to a push aimed to preserve a long-threatened ancestral culture
The number of palm trees in the area has fallen from six million, before the Iraq-Iran war, to less than three million today