Economy - TRENDS MENA

Abu Dhabi’s non-oil foreign trade in the first quarter (Q1) of 2022 amounted to AED61.522 billion ($16.74 billion), a 15...
Exports grew by 35 percent in the first three months of the year compared to the same period of last year to reach AED24.449 billion.
Saudi Arabia accounted for the largest share of total trade of 23 percent, valued at AED13.921 billion.
With surging prices undermining wage gains and hurting American families, US President Joe Biden said Tuesday that fighting inflation is...
Biden blame Russian invasion on Ukraine for the recent spike in price in US saying that "taking inflation very seriously"
US consumer prices jumped 8.5% in the 12 months that ended in March, rate is likely to remain high for months to come
Lebanon is going through a severe economic crisis, described by the World Bank as one of the world's worst since...
Lebanon is going through a severe economic crisis, described by the World Bank as one of the world's worst since the 1850s
Lebanon's population of around 4.5 million is dwarfed by its diaspora, spread across the Americas, Europe, Africa and Australia
ADQ will work with the Hellenic Development Bank (HDB), the national development bank of Greece, and Hellenic Development Bank of...
In 2021, the value of non-oil foreign trade between the UAE and Greece reached nearly AED 2.1 billion.
The growth of trade, when compared to 2020, was 67 percent, reflecting a significant spike in growth.
The rise is also attributed to the popularity of the Switch.
The company, which has benefited from a string of popular titles including "Pokemon Legends: Arceus", posted a 2021-22 net profit of 477.7 billion yen.
Uncertainties linked to the global chip shortage and potential production and transport delays caused by Covid-19 lockdowns could hit future profits.
Food delivery drivers in the UAE went on strike Tuesday to demand better pay, the second such incident this month...
Many workers for Talabat, part of Germany's Delivery Hero, did not show up for their shifts, calling for a pay increase amid the global rise in fuel prices.
The latest protest comes after drivers for Deliveroo, another popular food delivery app, went on strike earlier this month after company plans to cut their pay.
The UAE has proactively invested in proven clean energy and within a decade, solar and peaceful nuclear energy have delivered...
Barakah Nuclear Plant is now generating 2.8 Gigawatts of electricity, making it the largest source of clean electricity in the country.
With all four reactors online, nuclear energy will meet 25 percent of the UAE’s electricity demand.
More than one million Afghans have sought refuge in Iran since the Taliban returned to power in August, according to...
More than one million Afghans have sought refuge in Iran since the Taliban returned to power in August, according to Iran's state news agency IRNA
Thousands of Afghans daily try to cross into neighboring Iran in search of work, or in a bid to reach Europe in the hope of asylum
The embargo on Russian oil, which is part of a sixth package of EU sanctions under discussion, is being resisted...
New discussions on the Russian oil embargo are expected to be held between European leaders by telephone on Tuesday
It will involve French President Emmanuel Macron, EU Commission President Ursula von der Leyen, and Hungary's Prime Minister Viktor Orban
Russian President Vladimir Putin has said the West and Ukraine are responsible for the ongoing war, telling his country's Victory...
A Russian airstrike in Odessa killed one and destroyed buildings and a shopping center, hours after the European Council president visited the war-torn country
The US resurrected a World War II measure to aid Kyiv, opening the spigots on artillery, anti-aircraft missiles, anti-tank weapons, and another powerful Western materials