Economy - TRENDS MENA

The World Bank has reported that Bahrain’s score improved to 73 percent in women’s economic participation and gender equality from...
The report, compiled by World Bank Group’s Women, Business and the Law 2022, examines laws and regulations that restrict women’s economic inclusion.
Bahrain’s overall score improved by 9.4 points to a score of 65 out of 100, attributable to Bahrain gaining the perfect score of 100 in the Pay indicator.
The German carrier said it cut its losses by two-thirds in 2021.
German airline Lufthansa said that Ukraine invasion has led to uncertainty in aviation sector
It said rising price of fuel would also adversely impact the sector and could reduce the profit
The non-oil trade of the UAE has totalled AED16.14 trillion in the last ten years as the country's growth returned...
According to Dr. Thani bin Ahmed Al Zeyoudi the UAE aims to increase the level of investment coming to the country to AED1 trillion within nine years
"We work according to the plans of the UAE’s leadership to double national exports, foreign trade and economic growth," Al Zeyoudi said
The UAE and Latvia have agreed on a six-track economic cooperation program covering trade and investment, innovation and advanced technology,...
The program covers investment, innovation and advanced technology, transportation and logistics, agriculture, food, education and science.
An MoU between the Investment and Development Agency of Latvia (LIAA) and the SMEs Development Department at the UAE Ministry of Economy.
The strategy’s objective is to make Dubai one of the safest cities in the world and achieve the zero road...
The strategy’s objective is to make Dubai one of the safest cities in the world and achieve the zero road deaths vision
The strategy will complement what has been achieved within the objectives of the National Agenda and Dubai Plan 2021
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved on...
The initiative will also ensure that Dubai remains an attractive career destination that appeals to outstanding talent
The announcement was made during a meeting of The Executive Council of Dubai held at "Deep Dive Dubai."
However, just because there is inflation doesn't mean that people aren't spending, but they are spending differently. The that sales...
The luxury industry in the GCC, is experiencing strong growth and closed 2021 above pre-pandemic levels
Changes in tourism flows significantly impacted the luxury market in 2020 and the first few months of 2021
Traders were given a much-needed shaft of light on Wednesday when the Fed boss eased concerns over its plans for...
Traders were given a much-needed shaft of light on Wednesday when the Fed boss eased concerns over its plans for tightening policy
Powell told lawmakers he was in favour of a moderate pace of rate increases, with a 25-basis-point lift this month
It is becoming incredibly important for organisations, brands and brand owners to prioritise the refinement of their products and services....
Armed with AI algorithms, tech startups, direct-to-consumer players, fintechs, edtechs, regional economies are becoming more digitally resilient
It is becoming incredibly important for organisations, brands and brand owners to automate processes that are otherwise time consuming
The company has already paid $500m in quarterly dividends.
The dividend payment will be in addition to the final payment of AED1.2 billion ($330 million).
AED1.9 billion ($500 million) (1.65 fils per share) have already been paid in quarterly dividends.