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Business

  • Al-Dhafra Festival
Mahaliyat are the tan breed that originates from the UAE and Oman
Camels compete for crowns in beauty pageant in UAE desert
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  • Egypt's fuel subsidy
Egypt is a net oil importer
Egypt's fuel subsidy bill falls almost 90% in four years
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  • Workweek change in the UAE
The UAE is aligning its working week with most global markets
International banks in UAE to switch to Mon-Fri work week
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  • Turkish lira crisis
The Turkish lira hit a historic low of 15.28 against the US dollar early Thursday
Turkish lira plunges to new record low
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  • Turkey's property market
The highest number of foreign buyers are Iranian citizens
Turkish house sales to foreigners jump 48.4% in November
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  • Saudi Economy
The surplus is estimated at $23.99 billion
Saudi Arabia expects 2022 budget surplus
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  • Cluster Maintenance 4.0
Clusters in Morocco are positioned today as a collaborative mode of organization between companies and institutions
Safi "Cluster Maintenance 4.0”
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  • TECOM Group
TECOM Group is a part of Dubai Holding
Dubai plans IPO for business park operator TECOM
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  • Green hydrogen
A multi-billion-dollar deal to produce green hydrogen in Oman's Salalah Free Zone
Saudi ACWA power to sign a $7 billion green hydrogen deal with Omanoil, Air Products
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  • Borouge
General view of the Borouge petrochemical facility at ADNOC's Ruwais Industrial Complex in Ruwais
UAE Borouge signs $1.58 billion partnership deal with Technip
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  • Turkish lira crisis
Fitch says maintaining a deeply negative real policy rate could further undermine domestic confidence
Turkish lira weakens after Fitch revises outlook to 'negative'
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  • OPEC+
The impact from Omicron is not yet clear
OPEC+ talks likely to consider pausing oil output hike as an option
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  • Turkish lira crisis
The lira lost 47% of its value against US dollar this year
Turkish lira steadies after record low
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  • Oil exploration
Jordan's energy minister Saleh Al-Kharabsheh
Jordan to explore for oil in two areas in February
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  • Saudi Economy
Saudi Arabia is aiming for $100 billion in annual FDI by 2030
Foreign direct investment in Saudi Arabia reaches $1.4 billion in Q2 2021
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  • Turkish lira crisis
Many economists and opposition lawmakers have called for an immediate policy reversal
Turkey reaffirms commitment to aggressive rate cuts
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