Economy - TRENDS MENA

At least 136 countries have backed a landmark agreement to set a new minimum tax rate for companies around the...
But the agreement still faces a rocky path given that it must be passed by a closely divided U.S. Congress and be approved by each of the countries
The agreement, which was brokered by the Organisation for Economic Co-operation and Development (OECD), would set a minimum tax rate of 15% from 2023
A drop in Saudi joblessness during the second quarter of the current fiscal year from 11.7 percent to 11.3 percent...
Saudi unemployment fell to 11.3 percent in the second quarter of this year, down from 11.7 percent in the three months to April
The Riyad-based firm said the fall mirrors the economy’s expansionary trend in the first half of this year and expects unemployment to decline even further
"It brings me great joy and pleasure to officially announce the official launch of FTA negotiations between GCC countries and...
The UK already enjoys strong economic links with the nations of the GCC, comprised of Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Kuwait and Oman
Trade between the UK and the Gulf nations topped 30 billion pounds ($41 billion) in 2020, according to the British government
The region’s average real GDP per capita is forecast to increase by only 1.1 percent in 2021 after declining an...
Thirteen out of 16 countries in the region will have lower standards of living in 2021 than their pre-Covid levels.
Pandemic losses are calculated by comparing where the region’s GDP would have been if the pandemic had not hit, the bank said.
This was the second consultation between the two countries' chief trade negotiators after relations were seriously damaged under former US...
This was the second consultation between the two countries' chief trade negotiators after relations were seriously damaged under former US president Donald Trump.
Talk was "an opportunity for the United States and China to commit to forging a trade relationship that is managed responsibly," a USTR official said
She has made a lucrative career as an intermediary for wealthy Gulf-based investors looking to invest in Europe through her...
She has made a lucrative career as an intermediary for wealthy Gulf-based investors looking to invest in Europe through her company, PCP Capital Partners
An indication of the circles in which she moves is the rumour that she once turned down a marriage proposal from Prince Andrew, Queen Elizabeth II's third child
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought...
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online
They include data about the artwork or item, such as the artist's name, the date it was sold, and the buyer's identity
The IMF Executive Board is reviewing last month's investigation by the law firm WilmerHale that found that during her time...
An investigation by a law firm has concluded that she manipulated data in favor of China while in a senior role at the World Bank.
On Thursday Georgieva, 68, said she hoped for an "expeditious resolution" of the case
Global debt levels could reach about 260 percent of gross domestic product (GDP) by the end of 2021, though low...
Higher leverage and weakened credit metrics amid the recovery will probably trigger more defaults
The recovery won’t be complete until vaccinations are widespread enough to make people more comfortable to move about
A Swiss newspaper claimed Riad Salameh struck out 14 pages of a 2016 IMF report that warned of economic crisis...
Lebanon’s central bank Governor Riad Salameh denied he once rejected portions of an International Monetary Fund report
Swiss newspaper Le Temps said in an article that Salameh struck out 14 pages of the report because it warned of an economic crisis in Lebanon