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'
Business
Retail sector in Gulf region stares at slump in business
Market experts predict a hard summer for the GCC retail industry as rising costs keep shoppers away from malls and...
- With high inflation biting into family budgets, households have cut back on spending on essential commodities because of the high cost of goods
- While the high-end malls and stores can fall back on their deep reserves of cash to get over the crisis, it is the small and medium-sized businesses that are struggling to survive
Company News
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UAE President announces $30bn Global Climate Fund at COP28 meet
In a groundbreaking announcement at the World Climate Action Summit during the UN Climate Change Conference (COP28), UAE President Sheikh...
Geostrategy
Act now as climate crisis has reached critical point
"Renewable energy is key to our planet's future. It's time to phase out fossil fuels and embrace sustainable solutions. The...
Opinion
COP28 offers a chance to rethink, reboot and refocus
COP28 UAE provides a crucial chance to reevaluate and intensify efforts, as experts urge pragmatic energy transition strategies to meet...
COP28 UAE
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Business
China announces 25 measures to aid private businesses
Beijing, China - China's central bank and several government agencies unveiled 25 new measures Monday to support private economy.These initiatives...
- These initiatives aim to diversify financial avenues for private businesses, marking a continued effort to bolster the private sector
- These initiatives aim to diversify financial avenues for private businesses, marking a continued effort to bolster the sector crucial for the country's economic progress.
Geostrategy
It’s official: Saudi Arabia will host World Expo 2030
The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness,...
- The Kingdom's selection as the host for World Expo 2030 marks a pivotal moment in its journey towards innovation, openness, and global connectivity.
- This monumental global event in Riyadh will showcase Saudi Arabia's transformation and commitment to a forward-looking and sustainable future.
Business
Key contender Riyadh eyes Expo 2030 win tomorrow
Saudi Arabia -- competing against Busan, Korea, and Rome, Italy -- bids for Expo 2030 with a focus on innovation,...
- Saudi Arabia -- competing against Busan, Korea, and Rome, Italy -- bids for Expo 2030 with a focus on innovation, sustainability, and global unity.
- A successful bid could transform Saudi Arabia's tourism and business landscape, marking a significant milestone in its journey towards global prominence.