Economy - TRENDS MENA

Haoula considers it extremely important to sustain family businesses as a recognition for their efforts historically, and for the advantages...
Corporate tax in the UAE is expected to be among the most competitive in the world, due to the 9% introductory rate and no tax for profits up to $102k
Personal income that does not come from a licensed business or commercial activity in the UAE will not be subject to corporate tax
The Russia-Ukraine conflict and subsequent sanctions have increased risks to the global economic outlook, with effects that will depend on the...
Europe's recovery would be at risk if the military conflict escalates, according to VP-Senior Credit Officer at Moody's, Kelvin Dalrymple
Rising prices for commodities from the region, such as oil, grains and metals, are increasing inflationary pressures, Moody's said
The Food Price Index, which tracks the international prices of a items such as vegetable oils and dairy products went up nearly...
The Food Price Index, which tracks the international prices of a items such as vegetable oils and dairy products went up nearly four percent up from January
As the Food Price Index measures average prices over the month, the February reading only partly incorporates market effects stemming from the conflict in Ukraine
Since Russia invaded, almost 80,000 Ukrainians have returned to fight Russia, leaving industries short of labor.
Because of the ongoing invasion on Ukraine, shipping companies have had to find new routes, and shipping prices immediately increased
Oil prices have also rocketed since the invasion as Brent North Sea crude rose to $120 per barrel and gas prices hit record highs
The UAE Government on Friday announced the official working hours during the holy month of Ramadan for ministries and federal...
The decision also allows federal authorities to implement flexible working and remote work systems on Fridays during the month
The rules for working from home stipulate that both employees and their work should meet related requirements
The UAE is the latest country to be added to the list, and will have to work closely with the...
The Financial Action Task Force has included the United Arab Emirates in the ranks of ‘jurisdictions with strategic deficiencies,’ also known as the ‘grey list’
Countries on the list have to commit to resolve swiftly the identified strategic deficiencies within agreed timeframes and is subject to increased monitoring
Beijing will target gross domestic product growth of around 5.5% this year, according to a prepared speech by Premier Li...
Beijing will target gross domestic product growth of around 5.5% this year, according to a prepared speech by Premier Li Keqiang
Most economists surveyed by Bloomberg predicted the government would set a range of 5%-5.5%
The company will build the government’s data network.
The agreement was signed on the sidelines of the visit of Crown Prince Salman bin Hamad Al Khalifa to the United States
The CEO of the Bahrain Information and eGovernment Authority, Mohammed Ali Al Qaed, said that the pact reflects the Kingdom’s commitment to adopt latest technological trends
Melilla and Ceuta, Spain's tiny enclaves, have the EU's only land borders with Africa that attracts desperate migrants to escape...
Around 500 migrants out of 2,500 managed to cross Morocco's border with a Spanish enclave this week, authorities have confirmed
In May 2021, almost 10,000 migrants stormed Ceuta as Moroccan border forces did not stop them, highlighting Spanish reliance on Moroccan cooperation on migration
The United Nations’ World Food Programme warned Friday about a looming food crisis in Ukraine in conflict areas, while disruptions...
“The bullets and bombs in Ukraine could take the global hunger crisis to levels beyond anything we’ve seen before,” said Beasley
With Russia and Ukraine providing some 29 percent of the global wheat trade, serious disruptions in production and exports could send food prices