Economy - TRENDS MENA

Bahrain's Minister said the private sector plays a key role in strengthening bilateral relations, as it boosts the volume of...
Bahrain's Minister stressed the importance of attracting more expertise and investments.
He also highlighted the incentive packages provided by Bahrain for overseas investors.
Shurooq is currently considering in several Arab and Gulf Cooperation Council (GCC) countries, including Egypt, Saudi Arabia, Oman and Qatar,...
Shurooq has received a proposal to establish similar entities to Sharjah Sustainable City in Australia and the US.
It is now engaged in tourism, environment, transport and project management sectors and will soon invest in health, education and robotics.
Dubai Electricity and Water Authority (DEWA) has said it completed all short-term goals of its Smart Grid Strategy 2014-2035 as,...
Between 2015 and 2020, it replaced all electricity and water meters with smart meters, a deployment of over two million smart meters.
Between 2015 and 2017, DEWA fully automated its transmission network connected to the 400kV and 132 kV substations.
Metals tycoon Oleg Deripaska from Russia has called for peace talks over Ukraine crisis "as soon as possible" between Russia...
US, European G7 allies will set up a "transatlantic task force" to "identify and freeze" assets belonging to Russian officials and elites close to the Russian government
One of Russia's richest billionaire, Mikhail Fridman has called the war in Ukraine a “tragedy” and called for the “bloodshed” to end
The new initiatives are expected to support environmental and water sustainability in accordance with the Saudi Vision 2030.
The total cost of the 72 projects is said to be more than SAR15 billion ($4 billion)
They are said to spread across several sectors, including water and the environment
Oil prices and safe havens surged Monday while the ruble plunged after world powers imposed fresh sanctions on Russia over...
Oil prices and safe havens surged Monday while the ruble plunged after world powers imposed fresh sanctions on Russia over its invasion of Ukraine
Russian President Vladimir Putin's decision to send troops across the border last week has sent shivers through trading floors as investors fret over a protracted war
President Vladimir Putin ordered on Sunday Russia's nuclear forces onto high alert in response to what he called ‘unfriendly’ steps...
Russia invaded on Thursday and quickly announced it had neutralized key Ukrainian military facilities, but fierce fighting has since raged
Ukraine forces, backed by Western arms, are stymieing the advance of Russian troops, while the US leads Western condemnation and sanctions
WTI rose 6.27 percent to $97.33, while Brent crude was up 5.24 percent at $103.06.
Traders will closely watch an OPEC+ meeting this week, led by Russia, where they will discuss plans for further output
The group has agreed previously to increase production gradually each month, but the Ukraine crisis could disrupt it
The agreement between the two state-owned firms will bolster the strong trade and economic cooperation, in addition to boosting export...
The agreement between the two state-owned firms will bolster the strong trade and economic cooperation, in addition to boosting export relations
The broad range of trade credit insurance amongst these two entities will mitigate risks they might encounter due to various political and commercial reasons
Saudi Arabia confirmed its commitment to the OPEC+ agreement with Russia Sunday, the Saudi Press Agency reported, as Moscow faces...
Members of the OPEC+ oil producers' group will meet Wednesday to discuss loosening the taps -- just days after Russia's invasion of Ukraine sent crude soaring past $100 a barrel
The 13 members of OPEC proper will be joined by their 10 allies in the OPEC+ group at the teleconference meeting