Economy - TRENDS MENA

A report by the International Renewable Energy Agency confirms Covid-19 caused delays and supply chain disruptions, with impacts on jobs...
Off-grid solar lighting sales suffered due to Covid-19 disruptions, but companies were able to limit job losses.
China commanded a 39 percent share of renewable energy jobs worldwide in 2020, followed by Brazil, India and the US.
Non-resident foreign investors can obtain a virtual license for doing business in Abu Dhabi from any location outside the UAE...
Investors can obtain the license from any location outside the UAE and without having to meet residence procedures.
The license covers 13 economic sectors on top of the strategic sectors targeted by the Abu Dhabi government to attract Foreign Direct Investment.
Kuwait International Airport will gradually operate commercial flights for all aviation companies.
The airport has been closed since August last year, when the authorities banned all incoming and outgoing flights
Some hope of resumption was seen earlier this year, but the spread of the Delta variant of Covid-19 stopped the consideration
Dubai Electricity and Water Authority (DEWA) signed a slew of MoUs with local and international companies at the ongoing GITEX...
The MoU with Etisalat is aimed at speeding up the digital transformation using Etisalat’s MobileHub platform.
Digital DEWA subsidiary sInfraX has partnered with WoM Technologies for its planned rollout of the first-ever Low Power Wide Area Network wireless Internet of Things.
The Iranian banking system has paid 12.41 quadrillion rials (over $295.49 billion) of facilities to domestic economic sectors in the...
Working capital loans to different economic sectors in the six months were above 8.376 quadrillion rials (about $199.4 billion)
According to the data provided by the Central Bank of Iran, this accounted for 67.5 percent of the total provided facilities
Turkey's central bank cut interest rates for the second successive month on Thursday in what economists interpreted as confirmation of...
The central bank has blamed rising inflation on "transitory" factors that will dissipate with time.
The lira extended its fall into record-low territory against the dollar and euro after the announcement.
An agreement has been signed to build capacities to establish a sustainable national accounting system in Jordan.
The aim of this initiative is for accounts and GDP figures to reflect the contributions of the informal sector
It is also expected to provide accurate details of the sub-sectors in accordance with the best international practices in this field
Dr. Sultan Al Jaber said that the national effort to develop the UAE’s industrial sector through the UAE Industry 4.0...
The minister's remarks came during the 48th meeting of the GCC Industrial Cooperation Committee in the Kingdom of Bahrain
He pointed out that the Covid-19 pandemic accelerated efforts to improve collaboration across the GCC
The banknotes were badly damaged after the coffers were engulfed in groundwater during offensive to take Mosul from the jihadists.
The banknotes were badly damaged after the coffers were engulfed in groundwater during offensive to take Mosul from the jihadists
Some 175 bags have been found although total value of the money is not known yet
The end to subsidies pushes the cost of filling a vehicle's tank to more than the monthly minimum wage in...
The price increases have mostly erased massive queues at gas pumps that clogged streets across the country.
The energy ministry on Wednesday also raised the price of diesel and cooking gas following a drop in Lebanese pound.