TRENDS MENA
Time 2021-10-13 10:36:53Web Name: TRENDS MENA
WebSite: http://trendsmena.com
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keywords: description:Trends is the leading media on Arab affairs in the MENA region. For more than 20 years, Trends is the premier source for business and geo-economics news and insights. Skip to main contentSkip to footerThe Sakani scheme runs in partnership with the private sector
It also channels financing options to people who can also construct their own homes
Is Binance moving headquarters to Dubai?Binance CEO Changpeng Zhao, according to sources, may move the operations of the world’s largest cryptocurrency exchange from Seychelles to the UAE city.Business Have Pandora papers jeopardized Lebanon aid? Allegations that former Prime Minister Hassan Diab and current Prime Minister Najib Mikati owned offshore companies in several countries and evaded tax may jeopardize Lebanon’s bid to get international funds.The country is already reeling under the impact of its worst-ever economic crisis, shutting down of power stations due to fuel shortages, Covid-19 pandemic and the explosion last year at Beirut's port. The Pandora papers further highlight the state of corruption among the political class. Investigation Marcelle Mohamed CHECK MORE OPINIONS Arab region natural gas demand growing at fastest pace: OAPECDemand for gas in the region eclipses global demand by more than twofold, the second highest in the world in terms of growth, second only to the Asia-Pacific, the Kuwait-based oil group said amid virtual talks hosted by industry journal Petroleum Economist over liquefied natural gas (LNG) output in the region, according to KUNA. Jordan discusses bilateral ties with QatarGeostrategyDP World inks deal with MAN Energy SolutionsBusinessIMF pegs 2021 global growth at 5.9%EconomyArab youth name UAE country of choice for the tenth consecutive yearGeostrategy Qatar, Saudi Arabia lead GCC in education spendQatar and Saudi Arabia lead the GCC countries when it comes to spending on education.Infographics CHECK MORE INFOGRAPHICS IMF reaffirms full confidence in head GeorgievaThe IMF board said it "considered that the information presented in the course of its review did not conclusively demonstrate that the Managing Director played an improper role regarding the Doing Business 2018 Report when she was CEO of the World Bank."
An investigation by law firm WilmerHale has concluded that the Bulgarian economist manipulated data in favor of China while in a senior role at the World Bank
WilmerHale's controversial findings center on the drafting of the 2018 and 2020 editions of the World Bank's report ranking countries according to their ease of doing business
Israels Expo pavilion mirrors warming ties with UAEThe visit of three Israeli ministers so far--two more are expected to arrive on Monday--shows the importance the Jewish state attributes to the event.Expo 2020 DUBAI UAE passport strongest in GCC, 16th in global rankingThe 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.Research CHECK MORE VIDEOS Sadrists claim largest bloc after record-low Iraq voter turnoutSecurity measures meant to ensure a smooth and safe voting remained largely successful, as only 75 complaints during public voting and 16 complaints from the special voting of security forces were reported. The voter turnout was lower than expected, at 41 percent among the public voting and 69 percent for the special voting. Omans pavilion at Expo 2020 draws visitors eager to learn about investment in the countryExpo 2020 DUBAIIn just 10 days of Expo 2020 organizers record more than 400,000 visitsExpo 2020 DUBAIEgypts pavilion at Expo 2020 draws 50,000 visitors in the first weekExpo 2020 DUBAIJordan dedicates pavilion at Expo 2020 to youth of the countryExpo 2020 DUBAI Saudi Arabia, Iran closer to a dealRegional rivals Saudi Arabia and Iran are showing signs of warming relations and a foreign diplomat in Riyadh has said that the two sides "were on the verge of agreeing" on a deal.Geostrategy CHECK MORE SCIENCE DEWA, Ireland explore digital technology cooperationDEWA CEO Saeed Mohammed Al Tayer and Ireland’s Minister of State for Trade Promotion, Digital and Company Regulation at the Department of Enterprise, Trade and Employment, Robert Troy discussed ways to develop ties especially in digital technology and industry, besides other areas of common interest.This was part of the Irish commercial delegation visit to the Water, Energy, Technology, and Environment Exhibition (WETEX)
The two parties discussed enhancing cooperation, exchange of experience between DEWA and Irish companies
UAE may open VoIP services to all next yearMobile phone users in the Gulf country are currently allowed to use the internet-enabled video and audio calls only through BOTIM app.Business KSA, UAE lead GCC in maritime tradeSaudi Arabia is planning to invest US$36bn in logistics and aims to become a regional hub for the shipping sector, a position enjoyed by the UAE for many years.Investigation CHECK MORE ARTS Algerian president demands total respect from FranceLast weekend, Algeria recalled its ambassador from Paris and banned French military planes from its airspace, which France regularly uses to reach its forces battling militants in the Sahel region to the south. The moves came after a bitter row over visas, followed by media reports that French President Emmanuel Macron had told descendants of... DP World and UKs CDC Group to create Africa investment platformBusinessLebanon leaders start conclave to plan rescue of economyEconomyChina pledges $233 million to global biodiversity fundScienceSamsung boss goes on trial on drugs chargesEconomy Libya lawmakers back $10k family grant ahead of pollsThe grant, approved by the eastern-based parliament, came after its rival, the unity government in the country's west, approved handouts to young couples.Geostrategy CHECK MORE SCIENCE Power partially restored in Lebanon after nationwide blackoutLebanon's electricity grid was back online Sunday after the army supplied fuel to two key power stations that had run out, a minister said, ending almost a day of total blackout. The Deir Ammar and Zahrani plants ground to a halt Saturday, causing the state electricity network to collapse completely.Energy Minister Walid Fayad said Sunday that the grid was back up and running
Lebanon has witnessed rolling power cuts across the country since the end of its 1975-1990 civil war
Beirut blast judge forced to pause probeIt is the second time Bitar has had to suspend the investigation in the face of lawsuits filed by former ministers he had summoned on suspicion of negligence.Geostrategy No Time to Die wastes no time topping US box officeThe latest installment in the James Bond movie franchise shot straight to number one in North America's box office on its opening weekend, netting $55.5 million.Arts Is Binance moving headquarters to Dubai?Binance CEO Changpeng Zhao, according to sources, may move the operations of the world’s largest cryptocurrency exchange from Seychelles to...Business Company newsMadayn lands Oman solar dealJarir posts $194m net profit in nine monthsArcelorMittal arm buys Sharjah mill$2bn Arada project in new phaseEngicon lands Jordan partnership Have Pandora papers jeopardized Lebanon aid? Investigation The country is already reeling under the impact of its worst-ever economic crisis, shutting down of power stations due to fuel shortages, Covid-19 pandemic and the explosion...By Marcelle Mohamed Jordan discusses bilateral ties with QatarGeostrategyDP World inks deal with MAN Energy SolutionsBusinessIMF pegs 2021 global growth at 5.9%EconomyArab youth name UAE country of choice for the tenth consecutive yearGeostrategy Latest newsSaudi Arabia issues over 1,600 residential plots in SeptemberThe plots are said to have been issued under the country’s Sakani Housing program, which is a part of Saudi...Arab region natural gas demand growing at fastest pace: OAPECDemand for gas in the region eclipses global demand by more than twofold, the second highest in the world in...IMF reaffirms full confidence in head GeorgievaThe IMF board said it "considered that the information presented in the course of its review did not conclusively demonstrate...Sadrists claim largest bloc after record-low Iraq voter turnoutSecurity measures meant to ensure a smooth and safe voting remained largely successful, as only 75 complaints during public voting... Qatar, Saudi Arabia lead GCC in education spendQatar and Saudi Arabia lead the GCC countries when it comes to spending on education.Infographics Israels Expo pavilion mirrors warming ties with UAEThe visit of three Israeli ministers so far--two more are expected to arrive on Monday--shows the importance the Jewish state...Expo 2020 DUBAI Most Read Retail detail: New malls come up in UAE, Saudi ArabiaEven as the pandemic would affect businesses, the mall owners are so confident of staying afloat that they are... GCC airlines may continue to fly into lossesIn 2020, airlines lost around $370 billion globally, while airports and air navigation services providers lost $115 billion and... Saudi Arabia leads GCC AI healthcare raceExperts predict AI will contribute $320 billion to the Middle East economy by 2030 and virtual care, remote patient... Green drive: Middle East bets big on renewablesTo forestall the crippling effects of climate change, Saudi Arabia and the UAE have put on track projects worth... UAE may open VoIP services to all next yearMobile phone users in the Gulf country are currently allowed to use the internet-enabled video and audio calls only through...Business Latest NewsDEWA, Ireland explore digital technology cooperationDEWA CEO Saeed Mohammed Al Tayer and Ireland’s Minister of State for Trade Promotion, Digital and Company Regulation at the...Algerian president demands total respect from FranceLast weekend, Algeria recalled its ambassador from Paris and banned French military planes from its airspace, which France regularly uses...Power partially restored in Lebanon after nationwide blackoutLebanon's electricity grid was back online Sunday after the army supplied fuel to two key power stations that had run...Dubai Police carries out regions largest drug bustThe Dubai Police have arrested a man they say had smuggled 500 kg of pure cocaine, which has a street...Iran needs $22bn to maintain gas outputIran’s Oil Minister Javad Oji has reportedly said the country requires at this investment to maintain the production level of... Omans pavilion at Expo 2020 draws visitors eager to learn about investment in the countryExpo 2020 DUBAIIn just 10 days of Expo 2020 organizers record more than 400,000 visitsExpo 2020 DUBAIEgypts pavilion at Expo 2020 draws 50,000 visitors in the first weekExpo 2020 DUBAIJordan dedicates pavilion at Expo 2020 to youth of the countryExpo 2020 DUBAI Company newsOTO gets $3m from MEVP and DerayahDEWA gets $10.9bn via IPWP modelPrescott announces Dubai projectAramex vows to cut emissionsEvorra secures pre-seed investment UAE passport strongest in GCC, 16th in global rankingThe United Arab Emirates is followed by Qatar (60), Kuwait (61), Bahrain (69) and Oman (71) on the Henley Passport...Research Saudi man crossbreeds python, some worth $100,000Malaikah said he had no interest in selling to fashion brands, criticised by animal rights group for their unethical use...Arts Saudi Arabia, Iran closer to a dealRegional rivals Saudi Arabia and Iran are showing signs of warming relations and a foreign diplomat in Riyadh has said...Geostrategy KSA, UAE lead GCC in maritime tradeSaudi Arabia is planning to invest US$36bn in logistics and aims to become a regional hub for the shipping sector,...Investigation Libya lawmakers back $10k family grant ahead of pollsThe grant, approved by the eastern-based parliament, came after its rival, the unity government in the country's west, approved handouts...Geostrategy No Time to Die wastes no time topping US box officeThe latest installment in the James Bond movie franchise shot straight to number one in North America's box office on...Arts text-align:center;padding:10px 0;margin:0 0 15px;position:relative}.alm-btn-wrap:after{display:table;clear:both;height:0;content:''}.alm-btn-wrap .alm-load-more-btn{font-size:15px;font-weight:500;width:auto;height:43px;line-height:1;background:#ed7070;-webkit-box-shadow:0 1px 1px rgba(0,0,0,.04);box-shadow:0 1px 1px rgba(0,0,0,.04);color:#fff;border:none;border-radius:4px;margin:0;padding:0 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