Economy - TRENDS MENA

Jordan’s Energy and Minerals Regulatory Commission ascribed any rise in the electricity bill to high demand during this winter when...
Jordan’s Energy and Minerals Regulatory Commission ascribed any rise in the electricity bill to high demand during this winter when the electricity load was at 4,010 megawatts
The regulator referred to repeated complaints about higher electricity bills during summer or winter when temperatures rise or fall, prompting consumption to soar
The company plans public offering of Arm by March 2023.
The announcement came as the telecoms firm-turned-investment giant reported a net profit of 29.0 billion yen ($251 million) in the third quarter
And there have been challenges elsewhere for SoftBank, including losses on Chinese ride-hailing giant Didi Chuxing
Saied has pushed the country down a dangerous route back towards autocracy, says critics.
Tunisian police blocked access to the country's top judicial watchdog in a move its chief slammed as "illegal", two days after President Kais Saied dissolved the body
Saied has vowed that he would not interfere in court cases or judicial appointments
The production of semiconductors, also known as chips, has become a strategic priority in Europe as well as the United...
The production of semiconductors, also known as chips, has become a strategic priority in Europe as well as the United States, after the pandemic choked off supply
The manufacturing of chips overwhelmingly takes place in Taiwan, China and South Korea and the European Union's 27 member states
The company achieved a net profit of QR 8.1 billion for 2021.
Industries Qatar said in a statement that the Group revenue significantly improved by 77 percent to reach a record QR 20.2 billion
Earnings per share (EPS) amounted to QR 1.34 for the year, versus QR 0.32 for last year
Lebanon’s Fuel Distributors Representative Fadi Abu Chakra has confirmed that "there is no diesel oil crisis" in the country. The...
The rumors of oil crisis started to circulate after a ship carrying 42 thousand tons of diesel met with a marine accident.
The representative confirmed that diesel will be available during the next week and there is no crisis but a shortage.
Commercial Bank of Dubai (CBD) has approved a debt financing deal with Postpay, a leading omni-channel Buy Now, Pay Later...
The strategic partnership with CBD will provide support to Postpay on several fronts including Transaction Banking
The continued support from CBD will also enable Postpay’s planned expansion in the UAE, KSA, and other GCC countries
Dubai has approved a policy to limit single-use plastic bags by imposing a tariff of 25 fils on such bags...
The policy will be evaluated over several stages until the single-use bags are completely banned within two years.
The emirate will charge a tariff of 25 fils per bag from 1 July 2022.
Foreign exchange and gold reserves come in handy in many ways when a country is trying to ride out an...
Foreign exchange reserve usually refers to how much foreign currency a country or its apex financial institution holds in reserve
Gold reserve is a similar tranche, except that it pertains to the yellow metal that has been purified to a standardized degree
Investopia investment summit has announced the signing of a Memorandum of Understanding (MoU) with Deloitte Middle East for collaboration to...
The MoU was signed between Deloitte Middle East and Investopia investment summit taking place on March 28.
The two parties will jointly study significant economic areas such as investments in AI, social and environmental sustainability and governance.