Economy - TRENDS MENA

The UAE will allow unvaccinated individuals to travel on April 19 if they present a negative PCR test result taken...
Unvaccinated individuals aged under 16 is exempt from presenting a negative PCR test result upon arrival
The policy is aimed at achieving sustainable recovery and the return to normalcy to boost the economy
Tens of billions of dollars in Iranian money were blocked in many countries including China, South Korea and Japan.
Delegations from concerned countries met Iran's foreign minister to discuss the deal to release its funds frozen in foreign bank
In January 2022, Iran urged South Korea to unlock its funds and not to wait for the results of the Vienna talks
Saudi Arabia and Kuwait will develop a disputed gas field despite Iranian objections, while urging Tehran to engage in negotiations,...
The two countries also issued a new invitation for Iran to negotiate over the boundary of the gas field
Tehran had earlier said that the deal contravened "previously held negotiations", adding that it "reserves its right to exploit" the field
The yen hit its lowest level against the dollar in two decades on Wednesday, extending recent falls as the gap...
Despite being traditionally considered a safe-haven currency, uncertainty fueled by the war in Ukraine has not caused the yen to strengthen
Government spokesman Hirokazu Matsuno said "the stability of exchange rates is important and we see rapid currency moves as undesirable"
The Cabinet authorized the Tourism Minister to discuss tourism promotion with Iraq.
The Cabinet authorized the Tourism Minister to discuss tourism promotion with Iraq
Approval was also given for an MoU between Saudi Arabia and Algeria in housing field
Russian oil supply, meanwhile, is expected to continue to fall in April by 1.5 million barrels per day amid its...
Rich countries have agreed to tap an additional 120 million barrels of oil from emergency reserves, with half from the United States.
Prices fell below $100 in recent days as severe lockdowns in Shanghai raised concerns that crude demand from China would fall.
"The Russia-Ukraine war has added further fuel to the blazing rate of inflation," Kathy Bostjancic of Oxford Economics said.
Consumer price index has hit 8.5 percent over the 12 months to March, considered the biggest jump in last 4 decades
Central bank Governor said that fall of Ukraine war "probably skews risks to the upside in inflation"
The agreement will allow the exchange of local currencies between the two central banks of up to AED20 billion and...
The agreement will allow the exchange of local currencies between the two central banks of up to AED20 billion and up to KRW6.1 trillion for five years
"The agreement with the Bank of Korea contributes significantly to the development of financial markets in both countries,” Mohamed Balama said
Qatar Food Safety and Environmental Health Department Director Wassen Abdullah Al Bakr said that the agreement would enhance food safety...
Qatar Food Safety and Environmental Health Department Director Wassen Abdullah Al Bakr said that the agreement would enhance food safety in Qatar
It provides a framework for enhanced cooperation in food safety research, particularly food contaminant and risk management analyses
A Spanish ferry docked in Morocco's Tangiers port Tuesday for the first time in two years, after a pandemic and...
Spain and Morocco reopened ferry links days after Spanish Prime Minister Pedro Sanchez visited the North African kingdom
The busy, 14-kilometre (nine-mile) route across the Strait of Gibraltar had originally been shut in March 2020