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Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Qatar wealthiest, UAE happiest in Arab world

GCC countries are the most prosperous and the happiest nations in the MENA region.
  • The World Happiness Report 2022 has ranked Finland as the happiest and Afghanistan as the unhappiest in the world.
  • Happiness has now become a key metric to track the performance of countries and corporate offices as well.

The World Happiness Report 2022, which ranks countries on the basis of a three-year average (2019-2021), has ranked Finland as the happiest country (with a score of 7.82 on the scale of 1-9, nine being the highest) in the world and Afghanistan (2.404) as the unhappiest. The results are not hard to explain. Years of war and the resulting economic ruin has left Afghanistan in tatters, while Finland is the third most prosperous nation in the world that has seen decades of peace of stability. The Middle East region also presents a contrast between the wealthy and relatively peaceful Gulf Cooperation Council countries and the strife-torn, economically weaker neighbors. TRENDS takes a look at how some of the Arab countries perform on prosperity and happiness indicators.