Economy - TRENDS MENA

Iraq's State Organization for Marketing of Oil (SOMO) has said it approached France about the possibility of Iraq's supplying the...
About 60 percent of Russia's exports of crude oil go to the European continent, but in the shadow of Ukraine war, it will need new suppliers.
Italian Prime Minister Mario Draghi recently visited gas powerhouse Algeria as Rome steps up efforts to reduce its heavy reliance on Russian energy imports.
Disney+ has finally unveiled an extensive sneak peek at the line-up for the Middle East and North Africa (MENA).
Disney+ has finally unveiled an extensive sneak peek at the line-up for the Middle East and North Africa (MENA)
Disney+ is the dedicated streaming home for movies and shows from Disney, Pixar, Marvel, Star Wars, and National Geographic, along with The Simpsons and much more
A withering drought and poor harvests plus price hikes fueled by the war in Ukraine are threatening Morocco's fragile economic...
The North African kingdom had bounced back last year after a sharp recession in 2020 due to the coronavirus pandemic
The International Monetary Fund has forecast even lower growth of 1.1 percent
The net foreign assets of Saudi central bank rose by SR4.0 billion ($1.07 billion) to SR1.63 trillion in April, according...
The kingdom's net foreign assets increased by 0.2 percent from SR1.63 trillion in March
Over the same period, the central bank's total assets fell by SR39.4 billion to SR1.85 trillion
Beside halal food business, Islamic banking holds the largest share of the Sharia-compliant industry, says Nik Joharris Nik Ahmad, country...
The expansion of the global halal industry has resulted in a steady increase in its market size from $3.2 trillion in 2014 to $5.6 trillion in 2021
Stringent regulatory norms, including mandatory halal labeling and certification rules for food and beverages, are propelling the market growth
Jordan's oil bill went up by 49.1 percent in Q1 2022, compared to the same period in 2021, the Department...
The value of the oil bill in Q1 2022 increased to JD761 million compared to JD510 million in the same period of 2021.
Jordan’s crude oil import amounted to JD126 million, followed by gasoline with JD142 million and kerosene with JD9 million.
Germany hit the highest level of inflation in 50 years due to a rise in the cost of living, energy,...
The data provided by the Federal Statistical Office of Germany indicate that levels of inflation reached 7.9 percent in May 2022.
The Federal Statistical Office of Germany blamed the war in Ukraine and the rise in oil prices for hitting this record high inflation.
Saudi Arabia and Seychelles will form a partnership to boost cooperation and exchange expertize in tourism sector which includes planning,...
Saudi’s tourism ministry signed an MoU with the Ministry of Foreign Affairs and Tourism of Seychelles.
The MoU aims at supporting the efforts of tourism institutions and associations via holding conferences.
Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the...
Iraq seeks to enhance economic and commercial relations with the international community, said Hamid Al-Ghazi, the Iraqi Secretary-General of the Council of Ministers
Spanish ambassador Pedro Martinez said his government will support Iraq in all fields, especially in climate change
The UAE has signed a Comprehensive Economic Partnership Agreement (CEPA) with Israel. Dr Thani bin Ahmed Al Zeyoudi, UAE Minister...
The agreement builds on the strong foundations laid by the Abraham Accords, says UAE Minister of State for Foreign Trade Dr Thani bin Ahmed Al Zeyoudi
Talks for a free trade agreement began in November and concluded after four rounds of negotiations