Economy - TRENDS MENA

ABU DHABI, UAE - The UAE insurance sector continued to grow in Q4 2023, as reflected by the increase in...

According to the statement, a Jordanian-Azerbaijani Economic and Investment Business Forum will be held in the coming period
The meeting also discussed the successful economic policies established by the Kingdom to support the private sector
It encourages foreign investment and provides more investment opportunities for companies wishing to invest in the Kingdom
Libya's National Oil Corporation announced Monday the closure of operations in major oil fields after staff in the key export...
Declaring force majeure is a legal move allowing parties to free themselves from contractual obligations when factors such as fighting make meeting them impossible.
Zueitina is one of the four oil terminals in the so-called "Oil Crescent" region, and its closures will prevent Libya from exporting almost a quarter of its 1.2m barrels per day.
Morocco's official reserve assets amounted to 329.1 billion ($33.39 billion) Dirhams on 1 April 2022, up by 8.2 percent compared...
During the week of April 7-13, 2022, the Dirham depreciated by 1.06 percent against the US Dollar and by 0.16 percent against the Euro.
On the interbank market, the average daily volume of trade stood at 4.2 billion Dirhams while the interbank rate stood at 1.5 percent on average.
Al-Kadhimi asked the workgroup to visit Iran and remove the obstacles hindering the supply of gas to Iraqi electricity power...
Al-Kadhimi asked the workgroup to visit Iran and remove the obstacles hindering the supply of gas to Iraqi electricity power plants
Earlier this month, Iraqi Electricity Minister Adel Karim had said that Iraq will need to import gas from Iran at least for the next couple of years
Jordan Minister of Investment, Khairy Amr, said the government seeks to turn Jordan into a destination for foreign and Arab...
Jordan Minister of Investment, Khairy Amr, said the government seeks to turn Jordan into a destination for foreign and Arab investments
He pointed out that the Ease of Doing Business report issued by the World Bank ranked Jordan among the 10 most reformed countries in the world
Dr. Eng. Hassan Al Zarooni, Director of the Electricity Distribution Department, said the projects support its efforts to achieve sustainability...
Dr. Eng. Hassan Al Zarooni, Director of SEWA said the projects aim for sustainability through energy conservation
This comes as part of the Sharjah’s efforts to design and implement road lighting networks in all regions
The move comes as an extension of the Kingdom’s continuous support for the people and government of the Islamic Republic...
The move comes as an extension of the Kingdom’s continuous support for the people and government of the Islamic Republic of Mauritania
The support aims to contribute to promoting inclusive and sustainable economic growth, in addition to opening new financing channels
The world's second-biggest economy was already losing steam in the latter half of last year with a property slump and...
China's GDP growth was better than expected at 4.8 percent on-year in the first quarter
But the data did not take in the gnawing impact of a weeks-long lockdown in Shanghai
Libya's National Oil Corporation announced Sunday the closure of production at a major oil field in the country's south, declaring...
The closure comes after a group of individuals declared that they were halting production "until a government appointed by parliament takes office in the capital".
The firm said it "is obliged to declare a state of force majeure" and would no longer be able to provide crude to the Mellitah complex on the country's northwestern coast.
The Department of Agriculture and Water Resources in the Wilayat of Adam in the Governorate of A'Dakhiliyah has started harvesting...
The cultivation of wheat crop begins in Adam in November until March each year.
Wheat is harvested in a number of villages using modern machines instead of the traditional method.