Economy - TRENDS MENA

Due to growing environmental consequences, even though proof-of-work was spared in the EU for now, it is simply too fragile...
The European Union was on Tuesday supposed to vote on a bill named MiCA intended to regulate crypto in the EU.
The Ukrainian government is arguably one of the first governments to ask for donations in cryptocurrencies.
The UAE's Department of Municipalities and Transport (DMT) said that service fees for real estate units’ owners and investors in...
In 2020, the service charges were reduced by 18.1 percent, with another 8.3 percent reduction introduced in 2021.
DMT introduced a comprehensive mechanism to monitor and regulate residential units' service charges in 2020.
Qatar Airways has secured an injunction preventing Airbus from cancelling deals for other jets as the two are involved in...
The airline has now grounded 22 of its 53 A350 jets since November 2020, and said it will move ahead with legal action.
In retaliation, Airbus has in turn sought to cancel orders made by Qatar Airways for two other A350 jets and 50 A321neo planes.
Action followed after Russia's invasion of Ukraine.
The announcement came after UK Foreign Secretary Liz Truss said more than 3 million Russian companies would be unable to access funding from London-based financial institutions
European football's governing body UEFA also ended its estimated 40-million-euro sponsorship deal with Gazprom
Despite the global closures and economic crisis, the tourism sector in the Gulf region fared well in 2021 due to...
Despite global closures and the economic crisis, the tourism business thrived in 2021
The sector is likely to rebound in 2022 after faltering due to lifting travel restrictions
The announcement of the expulsion came on the last day of Russia's presidency of the UN Security Council and it...
The US deputy ambassador to the UN said the 12 members of Russia's UN mission had engaged in non-diplomatic activities
A Russian diplomatic source later said the expulsion decision did not target either the ambassador or his two senior deputies
Facebook's parent Meta said it would be restricting access in the European Union to RT and Sputnik.
Facebook's parent Meta said it would be restricting access in the European Union to RT and Sputnik
Twitter and Facebook have both been hit with access restrictions in Russia since the invasion of Ukraine
It's time to review how inflation, which measures the overall increase in prices or the increase in the cost of...
It's time to review how inflation, which measures the overall increase in prices or the increase in the cost of living in a country, is affecting the region?
Inflation represents how much more expensive the relevant set of goods and/or services has become over a certain time period
During the past four years, the kingdom has created 555,000 new jobs as part of its plan to develop $1...
Slump in other job markets makes candidates open to moving the kingdom for employment.
Working on infrastructure projects underway in the kingdom will demonstrate future companies' capacity to work within different cultures and adapt to different cultures.
The Federation of Bangladesh Chambers of Commerce and Industries, or FBCCI, will launch a UAE-Bangladesh Business Council next month to...
Bangladesh’s Prime Minister Sheikh Hasina is likely to launch the business council
The business council is expected to strengthening the trade relations with the UAE