GCC seeks travel ease with Schengen visa exemption
GCC Secretary General Jasem Albudaiwi calls for visa-free travel to Europe, aiming to simplify the journey for Gulf citizens to...
Geostrategy
Economy
With growing trade, energy ties, Germany and UAE look forward to hydrogen future, says envoy
“The UAE is Germany's most important trading partner in the region, with German exports to the UAE totalling US$8.4 billion...
- Beside growing trade, cooperation in decarbonization to tackle climate change opens an opportunity for Germany and the UAE to look forward to a hydrogen future, says German envoy
- The UAE is Germany's most important trading partner in the region, with German exports to the UAE totalling US$8.4bn in 2021, says German Ambassador to the UAE Alexander Schönfelde
GCC vows more cooperation to boost education
The regional panel, during its fourth meeting in Riyadh, reviews the implementation of the strategic plan to improve educational institutions...
- The regional panel, during its fourth meeting in Riyadh, reviews the implementation of the strategic plan to improve educational institutions in the bloc and their needs
- The commettee also discusses the work mechanism for cooperative coordination between the ministries and institutions of higher education in the GCC countries
France beat Morocco 2-0 to set up World Cup final against Argentina
France beat Morocco 2-0 on Wednesday to set up a World Cup final showdown against Argentina and Lionel Messi. Theo...
- Theo Hernandez put the defending champions ahead in the fifth minute after Morocco failed to clear their lines
- French substitute Randal Kolo Muani doubled the lead against Morocco in the 79th minute of the semi-final match
Economy
35.6% rise in Saudi women’s economic participation makes TOP CEO Conference’s May predictions true
The confirmation of an increased participation of women in workplace comes months after the TOP CEO Conference held in May...
- The confirmation of an increased participation of women in workplace comes months after the TOP CEO Conference held in May 2022 had highlighted its economic justifications
- Saudi Khaled Almaeena had stressed on how the private and public sectors were essential in encouraging women to work and took measures like having nurseries in the offices
Economy
KSA, UAE lead GCC growth amidst global woes
Saudi Arabia's GDP witnesses 9.3 percent increase in the third quarter of this year as the rally in oil prices...
- The International Monetary Fund expects Saudi economy to expand by 7.6% in 2022
- The UAE's economy is experiencing sustained momentum in 2022, says OPEC
Business
Resilience helps UAE banks face global challenges
Growing assets, increased financing, and enhanced capital adequacy ratios reflect the sector’s resilience and ability to adapt to changes in...
- Growing assets, increased financing, and enhanced capital adequacy ratios reflect the sector’s resilience and ability to adapt to changes in the world, say key bankers
- The CEOs Advisory Council, in a recently held meeting, had called for continued efforts to protect the banking sector’s digital infrastructure in the Gulf country
Science
The moon is part of our existence and is a future necessity for the planet, says George Friedman
"There was a small amount of water on the moon, which means there is a lot of water but it...
- To achieve life on the moon, we need soldiers, businessmen, technologists and various segments and categories, says Dr George Friedman of US Naval Institute
- "We must think that the wealth on the moon will be for humanity in general, where we must think about the human dimension," he adds
Economy
PwC report confirms assertions of TOP CEO Conference experts: Skills help women get more jobs across MENA
Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen...
- Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen advances in labor force participation, says the latest PwC report
- The TOP CEO Conference held in Dubai in May 2022 had suggested that women in the MENA region have made significant gains and have become a vital part of the region’s workforce
Opinion
AI, metaverse boost training and streamline hirings
The new virtual training environments allow the creation of a fully realised world that can be manipulated to appeal to...
- Combining AI and metaverse technologies affords companies an incredible new opportunity to train and equip people with the necessary skills
- The new technologies have the potential to deliver a US$1.6 trillion boost to the global economy over the next eight years, according to PwC forecasts
Economy
GCC adopts tourism strategy, launches new platform
The Gulf ministers review projects aimed at strengthening joint Gulf action in tourism as well as strategic partnerships between the...
- The Gulf ministers review projects aimed at strengthening joint Gulf action in tourism, as well as strategic partnerships between the GCC and other countries and parties
- The development comes a couple of days after the launch of the UAE Tourism Strategy 2031 that comes under the ‘Projects of the 50'
GCC seeks travel ease with Schengen visa exemption
GCC Secretary General Jasem Albudaiwi calls for visa-free travel to Europe, aiming to simplify the journey for Gulf citizens to...
Geostrategy
Company News
Ma’aden Q2 revenues hit $1.86bn
Business
Latest News
EIH gives $27.2m dividend
Business
QAMCO’s H1 net declines 60.7%
Business
At $75bn, Saudi defense budget beats several European countries in 2022
Last year, Saudi Arabia led the Middle East in military investments, ranking fifth globally with a defense budget of $75...
Geostrategy
Foreign direct investment crucial for economic growth
At this year's technology summit in the United States, which spotlights economic diversification through the strategic use of energy-generated wealth,...
Economy
Saudi real estate sector builds on vision beyond oil
TRENDS digs into Saudi Arabia's booming real estate sector and ambitious projects to find how they offers investors lucrative, long-term,...
Business
Most Read
Videos
Middle East sets global standards in renewable energy
This TRENDS Explainer Video explores how the Middle East is fueling its economy with renewables like solar, wind, and green...
- This TRENDS Explainer Video explores how the Middle East is fueling its economy with renewables like solar, wind, and green hydrogen, catalyzing a global clean energy shift
- By 2030, solar energy is expected to make up 15 percent of the Middle East's power mix, while new wind projects in Oman, Egypt, and Saudi Arabia will generate local jobs
Saudi Arabia, India boost alliance with multiple MoUs
India and Saudi Arabia held their first Strategic Partnership Council meeting, emphasizing the strengthening of defense and security partnerships between...
- India and Saudi Arabia held their first Strategic Partnership Council meeting, emphasizing the strengthening of defense and security partnerships
- Talks between the two countries are expected to provide new direction to India-Saudi relationship on a broader regional and global scale.
Economy
Mega projects bet high on diversified future
This TRENDS infographic dives into Saudi Arabia’s ambitious transformation to discover how the Kingdom is reshaping its future with high...
- Saudi Arabia has allocated $250 billion in construction contracts since 2016 as part of its Vision 2030 strategy to diversify economy, attracting tourists and investments
- In 2022, Saudi Arabia emerged as the fastest-growing G20 economy, fueled by a massive $1.25 trillion investment in real estate and infrastructure projects