Economy - TRENDS MENA

Jordan witnessed active tourist movement during the vacation, Ministry of Tourism and Antiquities spokesperson Ahmad al-Rifae said.
Jordan witnessed active tourist movement during the vacation, Ministry of Tourism and Antiquities spokesperson Ahmad al-Rifae said.
The country prepared shift programs in archaeological and public sites, and provided services to tourists and visitors during their stay
German sportswear giant was hurt by China lockdowns.
The group's net profit from its continuing operations fell to 310 million euros, from 502 million euros in the same quarter last year
The setback was accompanied by a three-percent drop in sales across the board, the group said in a statement
Turkey is experiencing the highest inflation among major emerging markets and industrialized G20 economies.
The inflation rate rose from 61.1 percent in March
On a monthly basis, prices rose by 7.25 percent
Mass testing of China's vast population could bring fresh misery to the economy, experts warned Friday, after Beijing vowed to...
Authorities have refused to bend to mounting public outcry at food shortages and spartan quarantine conditions
China's government has brandished the strategy as proof that it values human life above material concerns
Expatriates began voting at 7 am (0500 GMT) Beirut time on Friday in nine Arab countries and in Iran, while...
This is the second time in the country's history that citizens residing abroad are able to vote for their 128 representatives
The elections are the first since protesters took to the streets in 2019 against the ruling elite, blamed for its economic collapse
Saudi Arabia and United States Minister of IT, Eng. Abdullah bin Amer Al-Sawaha who is on a visit to the...
Saudi Arabia and United States Minister of IT, Eng. Abdullah bin Amer Al-Sawaha who is on a visit to the US met the president and COO of Omnicom Media Group Daryl Simm
The meeting also included several specialized technological companies in the fields of FinTech, software, and administrating alternative investments
Ongoing loan restructurings and the gradual withdrawal of pandemic-related support packages may put further pressure on asset quality. However, the...
In November 2021, Saudi Central Bank (SAMA) Governor Fahd Al-Mubarak reportedly said that the Kingdom is going to license more digital banks.
UAE’s Emirates NBD, Mashreq and Commercial Bank of Dubai were among the first to offer digital-only services.
Dubai Electricity and Water Authority (DEWA) is implementing the Mohammed bin Rashid Al Maktoum Solar Park clean and renewable energy...
When completed, the park will reduce over 6.5 million tons of carbon emissions annually.
Dubai also launched the Net Zero Carbon Emissions Strategy 2050 to provide 100 percent of Dubai's total power capacity from clean energy sources by 2050.
Saudi Arabia, Russia and other key producers agreed to adjust upward the monthly overall production by 0.432 mb/d for the...
As in previous months, the cartel continued to open the taps slightly, a strategy begun in the spring of 2021 when the economy began recovering after the pandemic-induced cuts.
Russia's invasion of Ukraine has added to supply concerns, which have increased with Europe's announced moves on a potential Russian oil embargo.
Financial institutions are exposed to significant risks posed by depleted and contaminated water supplies, a report released by non-profit Carbon...
A first-of-its-kind report by CDP and Planet Tracker shows how global companies in key industries are already losing billions as a result of the global water crisis.
By focusing on oil & gas, electric utilities, coal and metals & mining sectors, the report found that $13.5 bn in assets are already stranded and $2 bn at risk due to water issues.