Economy - TRENDS MENA

The UAE and the European Union discussed ways of boosting bilateral cooperation between them to achieve mutual benefit across various...
The Minister of State for Financial Affairs Mohamed Hadi Al Hussaini met on Tuesday with Johannes Hahn, European Commissioner for Budget and Administration.
This discussion is a part of the UAE’s Finance Ministry efforts to strengthen its relations with various countries and regional and international financial institutions.
Dana Gas and its partner Crescent Petroleum have reported record sales gas production from their operations in the Kurdistan Region...
Dana Gas and Crescent Petroleum jointly operate the Khor Mor and Chemchemal gas fields on behalf of the Pearl Petroleum consortium.
The production milestone is the culmination of numerous process improvements at the Khor Mor gas plant, including a bypass project.
While sales tax collection rose 14 percent, income tax collection rose 7 percent from 2020 to 2021.
Sales tax collected by Jordan in 2021 reached JD4.037 billion ($5.69 billion), up from JD3.534 billion ($4.98 billion) in 2020
Revenues collected as income tax in 2021 reached JD1.176 billion ($1.66 billion), up from JD1.103 billion ($1.56 billion) in 2020
More than half of people in Europe will likely catch Omicron by March, the WHO has said amid a World...
The WHO's regional director for Europe Hans Kluge described a ‘new west-to-east tidal wave sweeping across’ the region
The WHO's European region covers 53 countries and territories including several in Central Asia, 50 of them had Omicron cases
Riad Salameh is among the top Lebanese officials blamed for a financial crisis that the World Bank says is of...
The travel ban is pursuant to a lawsuit filed by an activist group against Riad Salameh over alleged financial misconduct
Salameh has also been summoned for questioning over the case but the exact date of the session has yet to be publicly disclosed
The exhibition and forum cover various fields, including recycling and waste management and treatment in the MENA region.
It will begin from17th January to 19th January 2022 in Abu Dhabi at National Exhibition Center (ADNEC) as part of the Abu Dhabi Sustainability Week
The forum would also work as an integrated platform for developing and formulating practical and sustainable waste management practices
The Global Risks Report 2022 released by the World Economic Forum said vaccine inequality and a resultant uneven economic recovery...
In the poorest 52 countries—home to 20 percent of the world’s people—only 6 percent of the population had been vaccinated so far.
By 2024, developing economies (excluding China) will have fallen 5.5 percent below their pre-pandemic expected GDP growth,
Lebanon telecommunications ministry's budget would be based on two figures instead of one within the framework of the new state...
The first figure took into consideration the possibility of continuing to charge consumers the same current tariff, based on the official rate of LBP 1500 per US dollar.
The minister said the break-even figure for the ministry of telecoms at present is within the range of LBP 9000.
The company said as a supply chain crunch and inflation are set to ease.
The announcement follows a string of quarterly earnings surprises for the network equipment maker, which last October managed to boost its third quarter profits.
Nokia now expects an operating margin ranging between 11 percent and 13.5 percent in 2022.
Qatar’s Ministry of Environment and Climate Change has said the projects will cover a variety of sectors, including the medical,...
Qatar already has 35 technical cooperation projects with the IAEA, including 10 national, 23 regional, and two global projects
These have been implemented through more than 10 different institutions from the country