Economy - TRENDS MENA

Head of Tunisia's trade union confederation Noureddine Taboubi said in a speech to protestors that the economic and social situation...

Tunisia's budget deficit has narrowed to nearly 3.8 billion ($1.3 billion), at the end of September 2021, against 4.9 billion...
The decrease in the budget deficit is due to the increase in budgetary resources by 10.3 percent
The Ministry of Finance also reported the increase in cash resources by 18 percent to 12.8 billion dinars.
Saudi Arabia will see a strong economic growth in the fourth quarter of 2021, due to a high oil production...
According to a report by Capital Economics some 9.76 million barrels per day were produced in October, broadly in line with pre-virus levels of output
Growth in local deliveries of cement – a proxy for construction activity – picked up in October
Turkey's annual inflation rate jumped over 20 percent in November, official data showed Friday, after a currency crisis last month...
This is the highest figure in three years. Persistent inflation has decimated purchasing power
Ratings agency Fitch on Thursday revised its outlook on Turkey's sovereign credit rating to negative
Gopinath will succeed Geoffrey Okamoto as first deputy managing director, serving under IMF chief Kristalina Georgieva.
Gopinath will succeed Geoffrey Okamoto as first deputy managing director, serving under IMF chief Kristalina Georgieva
Gopinath, who was appointed to her current role in October 2018, was due to return to her position at Harvard University in January but will now leave the university
"Jordan represents a unique and strategic opportunity for global investors. We are looking forward to strengthening our ties further in...
This is a major move for RiverBay Capital on its mission to provide Europe with institutional access to markets in the Middle East
RiverBay Capital has successfully established itself as a bridge between real estate markets in Europe and the Middle East
The OPEC+ alliance led by Saudi Arabia and Russia had so far resisted US-led pressure to significantly boost output to...
Observers had expected the club to opt for a freeze in production for January, particularly after the emergence of the Omicron variant
But, the 13 members of OPEC and their 10 allies decided to stick with a modest increase in output of 400,000 barrels per day every month
The OPEC Fund’s support will assist in boosting Afreximbank’s liquidity to grow its loan portfolio as it finances exports and...
The OPEC Fund’s support will assist in boosting Afreximbank’s liquidity to grow its loan portfolio as it finances exports and imports in critical sectors across Africa
The OPEC Fund’s loan will help address some of the challenges, which are also impacted by the COVID 19 pandemic
Washington hailed Thursday's deal in a statement, saying it would "improve the transparency and fairness of processes for obtaining authorisations...
The countries, which account for just over a third of all WTO members, concluded the accord after four years of negotiations
WTO chief Ngozi Okonjo-Iweala hailed the deal as "historic", saying it would lower the costs associated with the services trade by as much as $150 billion each year
UNWTO selected Rijal Almaa among 175 participating entities representing 75 countries.
UNWTO selected Rijal Almaa among 175 participating entities representing 75 countries
The village consists of 60 multi-storey palaces, built of natural mud stone and wood
Lebanon's unprecedented economic crisis and the coronavirus pandemic have dimmed the cosmopolitan appeal of the capital.
Lebanon's unprecedented economic crisis and the coronavirus pandemic have dimmed the cosmopolitan appeal of the capital
A long-standing trend towards rapid urbanisation seems to be slowing partly due to diminishing job prospects in major cities