Economy - TRENDS MENA

Riyadh, Saudi Arabia - The international credit rating agency S&P Global Rating affirmed its foreign and local currency sovereign credit...

The initiative will provide affordable medicines to uninsured and low-income expat patients or those whose insurance does not cover the...
The MoU was signed by the Ministry of Health and Prevention of the United Arab Emirates (UAE)
It was inked with Janssen Pharmaceutical Companies of Johnson & Johnson, and healthcare consulting firm Axios
The projects have been inaugurated in Djibouti.
The projects include two new development initiatives in the water and housing sector
The fund has also laid the foundation stone for a project in the transportation sector
More than two years into a financial crisis that has seen the local currency lose 90 percent of its value,...
The financial collapse that began in Lebanon in late 2019 has been deemed by the World Bank one of the world's worst since the 1850s
However, before that the country had an oversized but prosperous banking sector, which has since come to be blamed for the economic crisis
The Bahrain Golden Visa was recently announced during a Cabinet meeting chaired by Crown Prince and Prime Minister Salman bin...
To qualify for the Golden Residency Visa, existing residents must have stayed in Bahrain continuously for at least five years
They must also have earned an average basic salary of no less than BHD 2,000 ($5,305) per month throughout the duration
UAE’s Minister of Industry and Advanced Technology, and UAE Special Envoy for Climate, Sultan Ahmed Al Jaber has said that...
The minister noted the need to increase investments in agri-tech and leverage best practices that safeguard vulnerable nations' food and water security
He was speaking at the Munich Security Conference titled "Scaling Up Climate Action" where he reiterated the UAE's support for robust climate finance
UAE Energy Strategy 2050 aims to increase the contribution of clean energy in the total energy mix from 25 per...
The two sides also discussed an exchange of expertize and best practices in infrastructure, housing and transport
The ministers of UAE and Hungary met on the sidelines of Dubai Expo 2020 and discussed cooperation in energy
Executive Director of the Supervision Sector at the Central Bank of Kuwait, Waleed Al-Awadhi said that the digital banks will...
Executive Director of the Supervision Sector at the Central Bank of Kuwait, Waleed Al-Awadhi said that the digital banks will have no branches
This tech-based model saves cost and time, he clarified, adding that these banks do not have the paperwork complications of the traditional counterparts
This remarkable performance was recorded in the three segments of fisheries: artisanal fishing, coastal fishing and deep-sea fishing.
This remarkable performance was recorded in the three segments of fisheries: artisanal fishing, coastal fishing and deep-sea fishing
Artisanal fishing has benefited from the increase in the turnover of octopus due in particular to the rise in its average price by 53 percent
The decree details the responsibilities of both employees and employers to ensure work stability and increase productivity in the workplace.
Establishments with 50 or more workers, where the individual wage is less than AED1,500 per month, need to provide labor accommodation
Construction and industrial workers are not permitted to work outdoors or under the sun from 12:30 pm to 3 pm from June 15 to September 15
The World Bank has also offered to continue the implementation of ongoing cooperation projects in the country.
The World Bank has already promised $400 million (about 1,152.5 million dinars) to support Tunisia's social reforms
Other financing was expected to follow to support SMEs, acquire vaccines, and provide the necessary health support