MENA's debt-to-GDP ratio surged 23% in 6 years due to pandemic fallout, with only 8 of 19 countries returning to...
"Leadership teams must recognize that the livelihoods of their employees' families hinge on the stability of the business. Understanding that...
Major oil producers led by Saudi Arabia and Russia hold talks Thursday on whether to adjust output, hard on the...The 13 members of the OPEC, chaired by Saudi Arabia, and their 10 partners, led by Russia, drastically slashed output in 2020
They have increased output modestly to the tune of around 400,000 barrels per day each month since last year
Al Marri said that the non-oil trade exchange between the two countries was valued at over US$828 million in 2021.Al Marri said that the non-oil trade exchange between the two countries was valued at over US$828 million in 2021
The UAE accounts for 98 percent of Kyrgyzstan’s total trade with the Gulf Cooperation Council
Jordan ranked first in the Arab world and 32nd globally on the budget transparency, according to the Open Budget Survey...Georgia ranked first, South Africa second and Sweden third on the list.
Only 31 percent of countries provide sufficiently detailed information to understand how their budget addresses poverty.
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.
