Economy - TRENDS MENA

Madrid-based Halo Space Company has selected Saudi Arabia as its launch site for space tourism, offering tours at $164,000 per...

The UAE has announced a prize of up to $2 million for startups that can offer technology innovations to transform...
The FoodTech Challenge is organized by the UAE Ministry of Climate Change and Environment and Tamkeen.
It is targeted at early-stage start-ups, ranging from international university-based research teams to individual entrepreneurs and small firms.
Despite Russian denials of responsibility, condemnation was swift, with Western leaders, NATO, and the UN all voicing horror at reports...
410 civilian bodies had been recovered from Kyiv's outskirts and 280 bodies were found buried in mass graves have been seeing as war crimes of Russia
Peace talks between Russia and Ukraine are scheduled to resume by video on Monday though Russian negotiator said it's too early for meeting between Zelensky and Putin
Inflation was up from 54.4% in February to 61.14% in March.
The weakening lira and the rising cost of living has become a major source of discontent as President Recep Tayyip Erdogan faces election next year
The Turkish currency was stable following the latest inflation data, trading at 14.7 lira against the dollar and 16.2 lira against euro
Dubai Chamber of Commerce facilitated 1,500 bilateral business meetings between UAE investors and their global counterparts, and received 1,746 visiting...
Titled, 'Business Integration for Growth, Digital Transformation and Global Partnerships' the report was developed by the Chamber in collaboration with Oxford Business Group
Dubai Chamber of Commerce organized 98 events during Expo 2020 Dubai, which were attended by more than 25,000 participants from over 130 countries
The emirate of Umm Al Quwain has signed a series of agreements to enhance cooperation and partnership to achieve its...
In 2017, the World Bank defined blue economy as the ‘sustainable use of ocean resources for economic growth, improved livelihoods, and jobs’
The aim of UAQ’s Sustainable Blue Economy Strategy is to enhance investment attractiveness while developing the natural, cultural, and human wealth
Prior to the latest tragedy, the UN's International Organization for Migration had recorded 367 deaths in the Mediterranean so far...
The commercial tanker Alegria 1 rescued four people from an overcrowded boat carrying hundreds of migrants through the Mediterranean sea
'Libya is not a place of safety,' said Doctors Without Borders while stressing that survivors 'are in need of urgent protection and care'
The COP28, to be hosted in Dubai in 2023, is at a convenient time frame away from the recently concluded...
The Middle East, with its long-standing water and food scarcity, arid/semi-arid climate, desert conditions, and a lack of groundwater resources, is key victim of global warming
Ahead of hosting COP28, the UAE is well-positioned to press ahead with its strategies for sustainable food, water and agriculture systems
Here’s a look at what landed the UAE and Saudi Arabia among some of the better countries with a pension...
A good pension scheme could help a person retire with varying degrees of financial independence
It depends on factors like their monthly pension amount, passive income, and overall expenditure
The numbers come from a quarterly statistical report released on Sunday by the Department of Statistics.
The country’s GDP inched up by 2.6 percent in the fourth quarter of last year compared to the same period in 2020
The construction sector expanded 6.1 percent in the reporting period, followed by the extractive industries at 5.6 percent
Two-weeks of virtual talks were contentious from the start, as nearly 200 nations grapple with hard choices about how to...
Two-weeks of virtual talks were contentious from the start, as nearly 200 nations grapple with hard choices about how to rapidly purge carbon pollution from their economies.
The UN's Intergovernmental Panel on Climate Change (IPCC), due to be published on Monday, will detail how industries must be reimagined to cut greenhouse gas emissions