Economy - TRENDS MENA

RIYADH, SAUDI ARABIA – Saudi Arabia’s inflation accelerated to 1.8 percent in February compared to January 2024, according to data by the General...

UAE has saved $191 billion by using alternative sources of energy, according to Suhail Al-Mazroui, UAE energy minister. Speaking at...
Energy minister Suhail Al-Mazroui said his country is working on 40 international projects helping other countries implement solar and wind projects.
UAE has plans to capture 25 percent of the global hydrogen market share, Al-Mazroui told IPTC 2022 Riyadh.
The ceremony among others was attended by the Minister of Industry, Commerce and Tourism Zayed bin Rashid Al Zayani and...
The ceremony among others was attended by the Minister of Industry, Commerce and Tourism Zayed bin Rashid Al Zayani and US Ambassador to the Kingdom of Bahrain Steven C. Bondy
The USTZ project follows the visit of the UAE's Crown Prince and Prime Minister Salman bin Hamad Al Khalifa to the USA in November 2019
The attacks reportedly focused on sovereign institutions, financial and economic targets, and even individuals.
Jordan’s Minister of State for Media Affairs, Faisal Shboul, said at a a press conference that the country was subjected to 897 cyberattacks in 2021
He was accompanied by the head of the National Cyber Security Center, Ahmed Melhem, as they discussed Jordan’s efforts in the cybersecurity field
Gas from Egypt and Jordanian electricity is expected to help Lebanon restore electricity supply to 8-10 hours a day soon.
The Lebanese have been suffering a financial crisis that has led to power supply being restricted to a mere couple of hours per day
The country even witnessed an all-encompassing blackout in October last year as power-generating fuel ran out in the country
Now, the fastest-growing job profiles in the GCC include a mix of both pandemic-resultant and non-pandemic-resultant positions.
Traditional jobs such as healthcare personnel and core corporate operations are still in high demand around the world
Employment rates in the Gulf region have risen by 40% annually, thanks to the UAE and Saudi Arabia
Nearly 461 million riders in Dubai used public transport, shared transport and taxis, which include metro, tram, public buses, marine...
Dubai’s Roads and Transport Authority (RTA) said the number compares well with the number announced in 2020: about 346 million riders.
The daily average of riders using mass transit means and taxis last year reached 1.3 million riders, compared to about 948,000 in 2020.
A workshop held by the JCC and working meetings with a number of ministers and representatives of official entities, universities...
The joint cooperation is to support economic cooperation, scientific research and joint business development
The delegation met King Abdullah, and was briefed on trade and investment opportunities in the Kingdom
The Jeddah-based pharma retailer plans to float 30 percent of its capital.
The Jeddah-based pharma retailer made revenues of SR8.6 billion ($2.3billion) during the year
Nahdi currently operates over 1,150 pharmacies across the Kingdom and a rising number in the UAE
Digital economy has driven the startup investment upsurge in the MENA region in 2021.
In 2021, more than 50 per cent of the world’s private investment funding went to startups in the United States.
The other four top countries with the most private funds invested are China, the UK, India and Germany.
The Ministry of Energy and Water has said the two dams have so far cost $90 million, and not the...
The expenditure on the Msailha Dam amounted to $69.13 million, according to official figures
The same figures from the government say the amount spent on the Balaa Dam was $24 million