Gulf countries warm up to waste-to-fuel plans
Here’s a broader look at how the region has prioritized solid-waste recycling and the production of alternative fuels to deal with the trash they generate.UAE tops gender equality in Arab countries
In the UAE, and the wider Arab world, many women have been successful in upturning the prevalent prejudice that a woman's place is in the home.Where does fisheries stand in UAE economy?
The fisheries sector in the UAE has changed quite a bit over the past two decades, with a pointed move towards sustainability.Gulf treads humanitarian path on Ukraine crisis
Most Gulf Cooperation Council countries took no maximalist position on the conflict and stressed on a diplomatic approach for its resolution.GCC countries lead the world in remittances
Over the past four years, GCC members have seen billions of dollars being remitted to other countries.Female empowerment key to Gulf economic growth
Several initiatives taken by Gulf states demonstrate women will play a key role in achieving the transformational goals.How did Saudi Arabia ensure food security?
The country has been able to overcome the hurdles that stood in the way of achieving food security by implementing comprehensive strategies and plans.PCR testing is a business success in the region
A large number of kits of the PCR test has been manufactured and used across the world in general and the GCC in particular.Forward-looking UAE museum looks into the future
The Museum of the Future along Dubai's main highway has been touted as the 'world's most beautiful building'.GCC startups begin 2022 on a promising note
Digital economy has driven the startup investment upsurge in the MENA region in 2021.Israel PM hails ‘new model’ of ties on Bahrain visit
It was the latest diplomatic breakthrough since several Arab states under the 2020 Abraham Accords ended their isolation of Israel.Gourmet meals spawn $59bn Saudi food industry
More than 50,000 coffee shops and restaurants scattered all over the kingdom help Saudi economy relish growth on the back of rising demand in food industry.How much gold and forex do Arab countries have?
Foreign exchange and gold reserves come in handy in many ways when a country is trying to ride out an economic crisis.Which GCC countries have largest renewable capacity?
From solar farms to wind energy, the infrastructure is being put in place at varying paces by GCC nations.Policy reforms help Saudi FDI inflow rise 326%
The Kingdom seeks to increase its net FDI inflow by 1,816 percent between 2021 and 2030, raising it to $103.5 billion annually by 2030, up from $5.4 billion in 2020.Eight biggest GCC sovereign wealth funds
Sovereign wealth funds across the world invest trillions of dollars into real estate, bonds and other assets. TRENDS takes a look at some of the biggest wealth funds in the Gulf region.LVMH sees record sales, profit despite pandemic
The world's leading luxury group more than recovered from the coronavirus pandemic as it earns a record €64.2 billion ($71.5bn) in 2021. The company's net profit hits €12 billion.Financial scam websites victimize 137,000 Arabs daily
Five different types of financial frauds are prevalent in the Arab world, with 24 criminal methods being used to reach the victims.UAE-Israel free trade deal likely by March: Envoy
The two countries are on track to finish negotiations on a Free Trade Agreement by March or April, Israel's first ambassador to the UAE, Amir Hayek tells TRENDSGCC at risk from cyber criminals in 2022
Companies are hemorrhaging millions of dollars to ongoing ransomware raids, with threat actors further weaponizing the attacks.Five top crypto trends to watch out for in 2022
In 2021, the total market capitalization for the crypto market increased from around $800bn to $2.2trn. The year also witnessed some of the important developments in the crypto market.2021: Oil price hike rescues Covid-hit GCC economy
International oil prices surged by around 36.5 percent and reached a 7-year peak, exceeding US$ 82 a barrel at the end of November 2021, the highest since October 2014.Which are priority sectors in 2022 Saudi budget?
With the worst of the repercussions of Covid-19 expected to be in the rearview mirror, there are some specific sectors Saudi Arabia is focusing on in 2022.Binance may move to Dubai as part of crypto deal
TRENDS broke this news in October. The agreement will regulate the offering, issuance, listing and trading of encrypted assets of the firm that is based in Seychelles.Saudi Arabia, UAE fashion industry set for boom
The UAE and Saudi Arabia seem poised to see their respective fashion sectors double their revenues in the near future.Gulf boardrooms still a man’s world
Female representation on boards and at higher levels across the Gulf is trailing behind much of the rest of the worldThis is the safest Arab country for women
When sexual harassment and other forms of violence are an everyday occurrence for women and girls around the world, there are countries that are considered safe for females.Why are global freight rates so high?
As the world looks to pare inflation, it is facing headwinds from the high freight rates currently prevalent all across the globe.Economic growth of Arab countries this year
This week’s TRENDS Explainer Video highlights how economic growth looks like in the Arab countries this year as per the latest IMF report.Where does Saudi Arabia’s PIF invest most?
The kingdom's sovereign wealth fund is critical to its economic goals as it channels returns from foreign investments into non-oil sectors in a bid to diversify the economy.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.The largest Arab container ports in the world
There are about 186 major maritime container ports worldwide. Do you know the names of the biggest container ports in the Arab world?Picasso masterpieces fetch $108.9 million
Eleven masterpieces by Pablo Picasso fetched $108.9 million at a Sotheby's auction in Las Vegas on Saturday. Two iconic portraits from the last years of the painter's life were also sold.Nobel Prize eludes the Arab world
Egypt and Algeria have the largest number of Nobel winners in the Arab world, while Saudi Arabia, Qatar and the UAE are yet to produce one.UAE passport strongest in GCC, 16th in global ranking
The United Arab Emirates is followed by Qatar (60), Kuwait (61), Bahrain (69) and Oman (71) on the Henley Passport Index that covers 227 travel destinations.High oil prices lift Saudi index to 14-year high
The main Saudi stock index closed trading on October 7, with an increase of 19.45 points, to close at the level of 11,591.33 points, with transactions worth 6.5 billion riyals.Rise in oil prices gives strength to Gulf markets
The Muscat Stock Exchange closed on Wednesday, up 0.17%, or 6.9 points, from the previous trading session, which amounted to 3,947 points, after Cyclone Shaheen forced its closure.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.Assets of UAE banks rise despite pandemic
The UAE banking sector has posted a moderate yearly growth of 0.6 percent with total assets reaching US$873.6 billion, or AED3.2 trn, by the end of second quarter of 2021.Region’s private equity market set to revive
The region’s industry executives are working hard to improve the dented image and put the sector back on track by attracting more foreign investors.Riyadh, Dubai compete for business of news
Prominent media houses that have announced plans to move their base from Dubai to Riyadh include the state-owned Al Arabiya and its sister channel Al Hadath owned by the MBC Group and the recently-launched Asharq news channel.Hyperinflation imminent in Lebanon: Nasser Saidi
A crushing economic crisis, a sharp collapse of the local currency and a bankrupt banking sector are adding to the woes of Lebanon, says senior economist Dr Nasser H. Saidi.Five cities poised to become GCC tech hubs
As part of economic transformation, some Gulf countries seek to achieve targets in digital transformation via long-term plans such as Saudi Vision 2030 and UAE Vision 2030.Weather, climate disasters rise five-fold in 50 years
A report from the UN's WMO examined mortality and economic losses from weather, climate and water extremes between 1970 and 2019India slider at ‘gold’ price in Dubai
The dish sees the vada filled with truffle butter and cheese, stuffed in a bun, and served with sweet-potato fries and mint lemonade.UAE investing hub despite high starting cost
Starting a business in the Emirates makes a $7,444 hole in the pocket, but world-class infrastructure, excellent connectivity, business-friendly policies and low taxes attract investors from across the world.Saudi banks cheer recovery with surge in loans
Driven by an increase in net loans and return on equity in the second quarter, Saudi Arabian banks are sitting pretty as the region’s economy continued its rebound from the Covid pandemic.Plot of land on Red Sea sells for $352.7m
In one of the largest real estate deals in Jeddah this year, the Saudi Oger Company's "Arjuwan Red Sea Project" land has been sold in a public auction for $357.2 million.How will new remittance rules affect Lebanon?
The new rule authorizes banks to buy dollars from fresh dollar accounts without a customer's permission.‘Catastrophic’ pollution plagues Libya beaches
The environment ministry has ordered the closure of a number of beaches along the Greater Tripoli coastline, despite the roasting summer heat




















































