Economy - TRENDS MENA

London-based think-tank Cebr predicts the economic future of countries across the world and the outlook remains rosy for the Gulf...
Saudi Arabia will jump from t19th to 17th in the World Economic League Table by 2021
The UAE is expected to move up in the table from 34th in 2021 to 33rd in 2036
The preliminary results showed a surplus value for the capital and financial account amounting to $222 million, mainly caused by...
This deficit in the current account was mainly triggered by the deficit of the trade balance of goods, which reached $1,464 million
The total transfers from abroad amounted to $602 million, of which 17% were the transfers to the government sector
Jordan will distribute JD1 million to compensate those suffered losses due to the Al Waleh Dam draught and cross-border fires...
Jordan's cabinet had approved the disbursement of JD1 million in compensation from the Agricultural Risk Fund
Jordan as tasked specialized committees to limit the damages in the northern Jordan Valley and the Al-Wala Dam
Waste management and environment company Bee’ah Tandeef has launched a service that allows people to recycle used cooking oil so...
Bee’ah Tandeef will turn the waste cooking oil into biodiesel that will be used to run its fleet of waste collection trucks.
The collection machine also dispenses a new empty bottle whenever a bottle is deposited.
Oman's capital Muscat will be the Arab Digital Capital for 2022, the Council of Arab Ministers for Communications and Information...
Oman had made cyber-security, digital innovation and digital capabilities development focus of its candidacy.
Oman's communications minister said that the decision reflects the confidence of Arab countries in the digital and legal capabilities of Oman.
Each year, UK charity Christian Aid calculates the cost of weather incidents like flooding, fires, and heat waves according to...
Christian Aid said the upward trend reflects the effects of man-made climate change
It added that the 10 disasters in question also killed at least 1,075 people and displaced 1.3 million
As ecommerce expands, companies are becoming more aware of the region's shifting consumer behavior and needs, say experts.
Retailers in the region are becoming more aware of the necessity to create ‘brand.com’ sites
AR and AI will become more commonly used to improve the consumer experience
To avoid giving the Taliban access to Afghanistan's reserves, Washington froze an estimated $10 billion held by the central bank...
Ordinarily, the reserves could be dipped into to pay overdue government bills and development projects, but the freeze has trickled down to the rest of the economy.
The United Nations Security Council on Wednesday unanimously adopted a US resolution to help humanitarian aid reach desperate Afghans.
Spain and UAE have reviewed Dubai Electricity and Water Authority's achievements besides key projects and cooperation in the clean and...
The two sides also discussed initiatives and programs that consolidate the transition towards a green economy.
DEWA CEO Saeed Mohammed Al Tayer held a meeting with Iñigo de Palacio, Spain’s Ambassador to the UAE.
Saudi Arabia’s overall merchandise exports increased by 90 percent in October 2021 compared to October 2020, when international trade was...
The value of exports amounted to SAR106.2 billion ($28.2 billion) in October 2021, up from SAR55.9 billion in October 2020.
The share of oil exports in total exports increased from 66.1 percent in October 2020 to 77.6 percent in October 2021.