Economy - TRENDS MENA

European Union leaders have agreed to ban more than two-thirds of Russian oil imports, tightening economic screws on the country...
EU chief Ursula von der Leyen said the ban will effectively cut around 90 percent of oil imports from Russia to the EU by the end of the year
Participants in Monday's EU summit, however, hatched a compromise deal that exempts deliveries by pipeline from the oil import ban
The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan.
The Chairman of the GCC Negotiating Team, Abdulrahman bin Ahmed Al-Harbi, stressed the importance of pursuing negotiations with Pakistan
Free trade negotiations with Pakistan are part of GCC countries' effort to strengthen cooperation with their international partners
Nothing changes for delivery workers of online food delivery aggregator platforms even as they resume work after protest against low...
Even as social media was flooded with comments demanding better treatment and fair pay for the riders, nothing changed and they eventually went back to work
The gig economy is coming under pressure from governments around the world as they look to enact protective policies and regulations, says a food critic and blogger
The two Gulf countries score high consistently on all seven parameters used to measure the status of an economy.
The GCC comprises six countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
The World Bank has said the economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9 percent overall in 2022.
The US central bank needs to keep raising interest rates in big steps until inflation starts to come down, Federal...
The Fed early this month announced the biggest increase in the benchmark interest rate since 2000.
Markets could tighten by a total of 2.5 percentage points this year, including the 0.75 point of increases.
Qatar’s Export Unit Value Index (EXUVI) has increased by 61.05 percent in Q1 2022 compared to Q1 2021. The Planning...
The Planning and Statistics Authority (PSA) released its Quarterly EXUVI for Q1 2022 as a new chain is added to statistical indicators calculated by PSA.
The addition is as per the policy of PSA in providing accurate statistical information and data that support the decision-maker.
The measures adopted by Qatar’s government and Qatar Central Bank proved decisive in countering the negative impacts of pandemic and...
The CEOs focused on various issues like environmental and social practices, corporate governance.
Future prospects of Qatar's economy are stable, as its banking sector enjoys flexibility and quality with high capital and liquidity, said Qatar National Bank CEO.
The Abu Dhabi Global Market (ADGM) has invited public feedback on the proposed amendments to its commercial legislation. As part...
As part of ADGM’s ongoing enhancement of regulatory framework, its Registration Authority (RA) is proposing changes, including the introduction of a late filing fees framework.
Rather than attracting a penalty, certain late filings will attract a late filing fee of $150 per month, capped at three months.
Sunday's decision came after a meeting with senior military officials recommending the state of emergency be lifted and people detained...
Burhan who vowed to free political detainees arrested in the 2021 crackdown has now lifted a state of emergency to set the stage for talks among Sudanese factions
Military officials of Sudan recommended allowing the live TV unit of Al Jazeera to resume operations which was banned for "unprofessional" coverage of protests
The policy also aims to increase the number of beneficiaries from the capacity building programmes and measure the efficacy of...
The policy also aims to increase the number of beneficiaries from the capacity building programmes and measure the efficacy of the youth projects
The partnership has two axes - investment in human resources, and empowering the private sector to drive economic growth and create job opportunities