With volatile geopolitics and the resulting uncertainty, the year 2025 has been challenging for most of the countries across the...
- San Francisco, United States - Artificial intelligence giant Anthropic said Thursday it was expanding its use of Google cloud computing...
The parliament ratified by a huge majority of 92 votes out of 133 an amendment to an article that prohibited...The country's finance minister said the funds were "not intended to finance current expenses"
The IMF agreed in principle, in October 2022, to a loan of around US$2 billion to Tunisia
The region is on a growth track due to modernization, education, and broad integration with global economies, Joshua Friedman of...The region is on a growth track due to modernization, education, and broad integration with global economies, Joshua Friedman of Canyon Partners tells TRENDS.
Friedman highlights global economic complacency, stressing the importance of addressing sovereign debt and corporate borrowing, while noting a few bright spots.
TEHRAN, IRAN – The country has exported more than 6.7 million tons of agricultural and food products worth US$4.8 billion...Of this amount, 4,944,481 tons worth $2,930,585,728 were dedicated to the export of agricultural products.
While 1,133,710 tons worth US$931,961,158 were dedicated to the export of food products.
SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has announced a series of significant achievements of the...The number of membership renewals in 2023 hit 55,087 across industrial, commercial and professional sectors.
Free zone memberships stood at 1,795, while exports and re-exports were valued at approximately US$8.9 billion.
Riyadh, Saudi Arabia - Saudi Arabia and Swiss Fund have decided to initiate financing initiatives in the debt market in...A substantial portion of this investment, approximately $1.8 trillion, is expected to be financed through bids aimed at attracting global investors from Switzerland and beyond
Apart from investments in zero-emissions projects, the collaboration extends to the insurance industry, which is poised for significant growth in the coming years
The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk,...The OECD now expects a 2.9 percent expansion, up from 2.7 percent in its previous forecast in November, as it sharply lifted the outlook for the US
While inflation is falling in major economies, "it is too soon to be sure that underlying price pressures are fully contained", the OECD added
DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed...The QFZ chairman held a meeting with a delegation led by First Vice-Chairman of Qatar Chamber Mohamed bin Ahmed bin Twar Al Kuwari.
The delegation paid a field tour to the Ras Bufontas Free Zone to explore the investment benefits and business opportunities within the free zones.
Istanbul, Turkey - Turkey's annual inflation rate stayed stable in January at nearly 65 percent, but month-on-month consumer price increases jumped...The year-on-year inflation rate moved to 64.86 percent -- up a notch from 64.77 percent in December, the TUIK statistics agency reported
The monthly inflation rate in January climbed to 6.7 percent, from 2.9 percent in December, following a 49-percent rise in the minimum wage in January
Five listings, mainly in the energy and logistics sectors, contributed 58 percent towards the total IPO proceeds raised, said the...During Q4 2023, 19 IPOs raised US$4.9bn in proceeds. ADES Holding Company raise the most funds and contributed 25% to the overall IPO in Q4.
Saudi Arabia dominated IPO activity in the region with 14 of the 19 listings in Q4 2023. ADES was the biggest with US$1.2bn in proceeds.
- DUBAI, UAE - The total M&A market dropped 15 percent, to US$3.2 trillion, the lowest level in a decade, as...
Many of the assets that did not come to market last year will fuel active dealmaking in 2024.
The collapse of technology M&A has been the biggest drag on strategic mergers and acquisitions.
