Economy - TRENDS MENA

Cairo, Egypt--The Arab League (AL) on Sunday organized a workshop in Cairo to discuss the role of BRICS for African...

The number of Saudi nationals who got jobs in the private sector crossed 1.9 million in 2021, the highest number...
The number of Saudi nationals who got jobs in the private sector crossed 1.9 million last year, says the ministry
The drive has also helped in creating an attractive and stimulating work environment for Saudi nationals in private sector
Dubai Chambers has been established as a new entity, replacing the Dubai Chamber of Commerce & Industry, and Juma Al...
One of the decrees establishes the Board of Directors for Dubai Chambers and appoints Abdul Aziz Al Ghurair as its Chairman.
As per the new legislation, Dubai Chambers' main responsibility is to develop plans and policies to enhance the emirate's global status as an economic hub.
Chemical industries topped Egypt’s plasticware exports in 2021 with a total value of $2.7 billion compared to $1.4 billion posted...
Chemical industries topped Egypt’s plasticware exports in 2021 with a total value of $2.7 billion compared to $1.4 billion posted in 2020
In 2021, the Egyptian exports recorded their highest growth of $31 billion despite the ongoing Covid-19 pandemic
While the likes of Egypt, Morocco, Tunisia, and Jordan depend heavily on tourism for revenue, the UAE and Saudi Arabia...
UNWTO Executive Director Zoritsa Urosevic has said that the ‘future is bright’ for the tourism sector
Tourists ‘will come back’ and the industry will recover from the pandemic because it is ‘very resilient,’ she said
The officials from Saudi Arabia, Kuwait, Oman and Bahrain, as well as secretary general of the Gulf Cooperation Council (GCC)...
The officials from Saudi Arabia, Kuwait, Oman and Bahrain, as well as secretary general of the GCC Nayef bin Falah al-Hajrah, will be in China until Friday
Recent unrest in oil and gas-rich Kazakhstan has raised concerns in China, which has long invested heavily in its central Asian neighbour's energy industry
Emerging economies should gird for possible rough times as the US Federal Reserve prepares to raise interest rates and world...
"Risks to growth remain elevated by the stubbornly resurgent pandemic," IMF economists Stephan Danninger, Kenneth Kang and Helene Poirson wrote in a blog post
The highly contagious Omicron strain has spread like wildfire around the world since mid-December, causing record numbers of new Covid cases
Dubai has passed legislations aimed at creating a new legal framework for Dubai Chambers and their Boards of Directors. The...
The legislations include a decree establishing Dubai Chambers as a new entity that replaces the Dubai Chamber of Commerce and Industry
The legislations also enable Dubai Chambers to map out a clear vision for the future by adding more roles and powers
Over the week, crude prices gained about 5 percent and on Friday Brent exceeded $83 per barrel.
Kazakhstan is the largest oil producer in central Asia with a twelfth of the world's proven reserves, and produced around 1.8 million barrels a day in 2020
The country is also the second largest oil producer in the OPEC+ group of top oil producers, behind Russia
Government spending on infrastructure projects as part of the Vision 2030 program is expected to boost non-oil GDP growth.
Markaz’s report indicated that investments are expected to pick up as the government initiates major projects like Neom City
Steady population growth, government subsidies, and the enacted mortgage law are enabling banks to finance home purchases, fueling the growth in the residential sector
Lebanon experienced total blackouts after demonstrators stormed a key substation and tampered with the electrical equipment.
Protesters disconnects a 150-220 kilovolt power transformer and opened circuit breakers connecting the Zahrani power plant which caused blackout
The disruption will pressure on private generators which already struggles to keep up with the near-total absence of state power