Economy - TRENDS MENA

37% of sales were completed by non resident investors, 27% by expatriate residents, and the remainder by UAE nationals.
37% of sales were completed by non resident investors, 27% by expatriate residents, and the remainder by UAE nationals
Due to increased demand, apartments at Grove Gallery Views are now available for purchase by buyers of all nationalities
The global economic stagnation is expected to impact the GCC growth due to the decline in industrial and economic activities...
Economic stagnation has been a concern in many countries worldwide, especially in the Gulf states
Economic stagnation is a concern in light of the growing inflation, rise in interest rates and disruption in supply chains
Under the rule of the Rajapaksa clan, Sri Lanka moved closer to China and borrowed billions of dollars for vanity...
Even with help from India and others, in April the country defaulted on its $51-billion foreign debt pile.
Unofficial inflation rates are second only to those of Zimbabwe, making many goods -- if they can be found -- too expensive for many people to afford.
The sector recovered fast in the emirate after the easing of Covid-19 restrictions, registering a 203 percent increase in the...
The increased flow of tourists helped improve hotel occupancy across the emirate, which reached 76 per cent during the period, the highest globally in Q1.
Successful handling of the pandemic, a safe environment for travelers and world-class infrastructure have contributed towards the rising tourist inflow.
King Abdullah spoke about Jordan's Economic Modernization Vision for the next decade which seeks to sustain recovery the COVID-19 pandemic....
King Abdullah spoke about Jordan's Economic Modernization Vision for the next decade which seeks to sustain recovery from the COVID pandemic.
The vision plans for the coming years by capitalizing on opportunities in the Kingdom, especially amid the impact of the Ukrainian crisis.
The sector also saw a decline of 25 percent of its Gross Value Added in 2020. However, while most of...
The culture was one of the most seriously impacted sectors globally due to COVID-19 pandemic, with more than 10 million jobs lost in 2020 alone
Revenues from the digital creative economy totalled US$2.7 billion globally in 2020, over a quarter of the sector’s overall revenue, says a report
Since February this year, the Gulf country has inked Comprehensive Economic Partnership Agreements with India, Indonesia and Israel. Trade deal...
Since February this year, the Gulf country has inked Comprehensive Economic Partnership Agreements with India, Indonesia and Israel.
This month, the country will sign its fourth CEPA with Colombia and is in negotiations with Turkey and several African and East Asian countries
Overall, 50,000 species are used for food, energy, medicine, material and other purposes around the world, with more than 10,000...
Wild plants, algae and fungi provide food and income for one in five people globally, the report said, while some 2.4 billion people rely on wood for cooking.
Illicit trade in wild species is estimated to be worth between $69 billion and $199 billion a year, the third largest illegal market after human trafficking and drugs.
UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan takes part in the G20 Foreign...
The G20 foreign ministers meeting is keen to tackle global challenges to achieve stability and prosperity
Such meetings help in promoting international cooperation to achieve sustainable development goals
As a multidimensional world extending the physical realities of our current 4D world, it is rather a product of the...
Metaverse is the product of a several waves of digitization and internet development since the 90s.
Metaverse will create new opportunities for new services and, in fact, new activities altogether.