Economy - TRENDS MENA

Turkey has lifted the ban on importing scrap metals from Lebanon, which could secure about $100 million annually for Lebanon,...
The embargo was imposed in 2018. Lebanon exported to Turkey more than 40 percent of the total exported scrap metal.
The ban was lifted after Lebanon Minister of Economy and Trade Amin Salam's meeting with Turkish ministers in Ankara.
He noted that the roadmap should outline the way to guarantee sustainable comprehensive development and provide economic opportunities.
He noted that the roadmap should outline the way to guarantee sustainable comprehensive development and provide economic opportunities
The King also pointed to the importance of the participation of all segments of society and economic sectors, in order to expand dialogue and participation
From solar farms to wind energy, the infrastructure is being put in place at varying paces by GCC nations.
Saudi Arabia is developing a sustainable renewable energy sector to support its economic growth
More and more industries in the UAE are embracing solar in a big way as power demand rises
The forum aims at discussing concepts of smart cities and their relations to improving the quality of life.
The forum aims at discussing concepts of smart cities and their relations to improving the quality of life
It is also a platform to discuss the role of innovation in enhancing sustainable development and getting acquainted with tools of civil innovation
The GCC countries are among the most notable ones that credit rating agencies frequently recognize since they are the center...
The GCC countries are among the most notable ones that credit rating agencies frequently recognize since they are the center of investors' attention
Fitch evaluates Saudi Arabia at level (A), with a negative outlook to stable, while Moody's classifies UAE's credit rating by (AA2), with a stable outlook
The 7th International Date Palm Conference will be held at Emirates Palace Hotel, in Abu Dhabi, from 14th to 16th...
Minister of Tolerance and Co-existence Sheikh Nahyan said that this year's conference is significant by all standards.
475 international researchers and experts will participate in the conference being held from 14-16 March.
Saudi companies and government raised $36.9 billion sukuk in 2021, compared to $27 billion in 2020, an increase of 37...
In 2021, the global sukuk issuance reached $147.4 billion compared with $148.4 billion in 2020.
Foreign-currency denominated sukuk issuance increased by 10 percent; jumbo issuances in Saudi have contributed to this increase.
A group of engineers in Lebanon held a sit-in protest outside the Central Bank branch in Sidon, in conjunction with...
The headline of the protest was, “Until rights are restored” & “For the right to hospitalization and a decent retirement
They deemed that “the banks are seizing the funds and savings of engineers and depositors in general, and imposing controls
Egypt has added 3,000 new hotel rooms to its total hotel capacity with the opening of 19 new hotel facilities,...
Construction of 19 new hotel facilities in several governorates has led to the creation of these rooms.
According to tourism ministry officials, the new facilities have created 2,500 job opportunities.
The approval came at a meeting chaired by the council’s chairman Sheikh Ahmed bin Saeed Al Maktoum.
The council approved the updated plans and objectives to reduce carbon emissions by 30 percent by the end of 2030
This move is expected to, among other things, support the UAE’s efforts to achieve carbon neutrality by 2050