US, Saudi, India, UAE eye railway accord at G20 summit: report
New Delhi, India - President Biden, along with the leaders of India, Saudi Arabia, and the United Arab Emirates (UAE), is likely to ink a railway deal to connect the Middle East during the G20 Summit in New Delhi, a report published in Axios.com said. The initiative aims to establish...Oil price, COVID-19 spur Arab world’s public finance
Central banks are prioritizing fiscal and monetary policy coordination to boost macroeconomic stability, cut inflationary pressures, and support long-term growth.Iran-Saudi relations ‘are based on mutual respect’
"Efforts are underway to reopen diplomatic and consular missions between Saudi Arabia and Iran, including the reopening of Iran's embassy in Riyadh and consulate in Jeddah," highlights Prince Faisal, adding that the Kingdom's embassy in Tehran will also reopen soon.Trade pacts propel Jordan’s trade to $23bn with partner nations
Amman, Jordan - Jordan's trade exchange with countries it has free trade agreements with accounted for a significant portion of its overall trade in 2022, amounting to 58 percent, as per data published by the Amman Chamber of Commerce. The total value of these exchanges surpassed $23 billion, with more...Dubai faces tough fight as GCC nations compete for tourists on digital, social media platforms
The emirate still remains at the top of the list of places to visit in the region because of the sheer diversity of products it has to offer and the infrastructure it has built.Arab women embrace technology, innovation
Initiatives such as STEM and Women in Tech are crucial in bridging the gender gap and empowering women to drive innovation, adds Noha Kadry, Regional Program Manager at Red Hat Academy.Iran-US nuclear talks dead for now, says acclaimed scholar
The degree of anger and sympathy for the protesters, particularly among the American and European public, makes it near impossible to reach a nuclear deal, believes Vali Reza Nasr.UNCTAD ranks UAE first regionally, 19th globally in attracting FDI inflows
The UAE also emerged 17th globally in terms of FDI outflows that totaled $22.5 billion in 2021, a 19% growth compared to the year 2020.Saudi crown prince to visit Turkey on June 22: Turkish official
Saudi Crown Prince Mohammed bin Salman will visit Turkey on June 22, a Turkish official said on Friday. The details of the visit will be announced "over the weekend", the official added. The two countries will sign several agreements during the trip, which is expected to be in the capital...UAE tops Arab countries as best Foreign Direct Investment hub
The UAE remained the largest recipient of FDI with flows increasing from US$19.88 billion in 2020 to US$20.7 billion in 2021.Arab Tourism Organization, UNWTO sign memo to promote tourism
UNWTO Secretary Pololikashvili and ATO Secretary Fathi signed the memo at the 116th UNWTO Executive Council session, held recently in Jeddah.Crown Princes of Kuwait and Jordan hold bilateral talks
Jordanian Crown Prince Al Hussein bin Abdullah II discussed bilateral ties with Kuwaiti Crown Prince Sheikh Meshal Al Ahmad Al Jaber Al Sabah on Tuesday.US president confirms ‘possibility’ of Saudi Arabia trip
US President Joe Biden confirmed Friday he was considering a trip to Saudi Arabia. The New York Times and other US media, quoting anonymous sources, have reported that Biden would go ahead with the long-rumored Saudi stop during an upcoming overseas tour. CNN said that Biden would meet Saudi Arabia's...Ending gender disparity key to regional prosperity
Even as SMEs in GCC seek to do more to end gender disparity , UAE proactively leads the region in pursuing the diversity agenda, says Marketa Simkova, Partner at KPMG Lower Gulf.Oil, stimulus packages revive Arab world’s growth
The growth rate of Arab economies is expected to increase to around five percent in 2022 on the back of rising oil production and its prices in the international markets.Iraq seizes more than 6 million captagon pills in drug bust
Iraqi security forces said Saturday they had broken up a drug trafficking ring and seized more than six million pills of the amphetamine-type stimulant captagon, making several arrests. Iraq's northwestern neighbor Syria is the Middle East's main captagon producer, and its southern neighbor Saudi Arabia the main consumer. Iraqi forces...Economic freedom, effective governance key to attract FDI: AMF
The study calls for the stability of the business environment by reforming relevant laws.Ukraine war has ‘deadly’ impact on Arab region: US top diplomat
Russia's invasion of Ukraine is having a "deadly" impact in the Arab world, particularly through spiralling wheat prices, US Secretary of State Antony Blinken said in Algiers Wednesday. He was speaking on the final leg of a trip that began with an unprecedented Israeli-Arab summit in the Negev desert, attended...African Union condemns military coups
Burkina Faso became the fourth country to be suspended by the African Union after Guinea, Mali and Sudan to punish the coup leaders of these countries.Arab countries offer Iraq to set up industrial cities
Iraq signed the first agreement to build an economic city with Jordan.Jordan ranks 5th among Arab countries on Corruption Perceptions Index
The report shows that Jordan has progressed by several indicators, and maintained its rank in some other indicators in 2021.OIC reiterates its unwavering support for Palestine
Organization of Islamic Cooperation is the second-largest inter-governmental organization after the UN.Time to decrypt internet speed in Arab world
This week's TRENDS infographic tries to find out where do Arab countries stand in terms of the speed of broadband connections.Jordanian tourism income up 61.2% in first ten months of 2021
On a monthly level, the tourism revenues during October of 2021 rose by $302 million, reaching $352 million, compared with the same month of last year, owing to an increase of tourist numbers by about 278,000 visitors, raising the total to 322,000, the figures revealed.Trade balance of key Arab countries in 2020
This week's TRENDS Explainer Video focuses on top Arab economies in terms of trade balance in the year 2020.UNESCO honors Omani navigator Amhed Bin Majid
Omani sailor Ahmed bin Majid has been added to the list of world’s influential personalities on his 600th birth anniversary by UNESCO.GCC nations eye Hyperloop travel by 2030
It is predicted that the Hyperloop technology will carry between 45 and 50 million passengers yearly in the Gulf Arab states using clean and renewable energy.UAE’s non-oil trade with Arab countries hits AED191bn in H1
The non-oil trade between the UAE and Arab countries grew 29 percent to AED191 billion in the first half of this year, from AED148 billion in same period of 2020, a UAE minister said while addressing the 108th meeting of the Arab League’s Economic and Social Council.Why Covid-19 jolted some Arab states?
The flaws in the health systems of some MENA countries such as Tunisia, Lebanon and Jordan, which were struggling with sinking economies and other challenges, were exposed by the pandemic.Arab economies to grow by 2.9% in 2021, 3.6% in 2022: Report
Uneven recovery is expected as eleven Arab countries will likely recover by the end of 2022, while the recovery path will extend beyond 2022 in the rest of the Arab countries
































