Qatar’s hosting of Web Summit has evolved into a national strategy, using the event to attract venture capital, build an...
The post-oil Gulf has the chance to redefine authenticity itself—as a deliberately trained, global hospitality culture built by people, not...
The Middle East and North Africa region is expected to outperform the global economy in 2026, with GDP projected to...Goldman Sachs Research has projected that the world economy will expand faster than widely expected next year, saying its economists expect sturdy global growth of 2.8%
The Middle East and North Africa region is expected to outperform the global economy in 2026, with GDP projected to grow by 3.6% year on year compared to global growth of 3.1%
Tokyo, Japan -- Japanese tech investor SoftBank said Wednesday that its stake in OpenAI is now around 11 percent after...Having made colossal profits as well as losses on previous investments, flamboyant founder Masayoshi Son has pivoted SoftBank towards artificial intelligence (AI).
SoftBank had announced in April its planned investment of up to $40 billion in Open AI, and on Wednesday it said that the second tranche of $22.5 billion was completed.
Syrian leader Ahmed al-Sharaa unveiled on Monday new banknotes replacing those showing ousted ruler Bashar al-Assad and his family, hoping...Since the start of Syria's civil war in 2011, the pound has plunged from 50 to around 11,000 against the greenback
The removal of the zeros, which does not impact the currency's value, was done to make transactions easier
Addressing fragility in cities is, therefore, not only a social imperative; it is also a crucial economic consideration. It is...Conflict, displacement and climate shocks converge in cities, threatening global stability
Stable urban systems unlock private sector confidence, strengthen security and create shared prosperity
Beijing, China -- China will on January 1 launch an "action plan" for boosting management and operations of its digital...The "action plan" will see banks pay interest on balances held by clients in digital yuan -- a move to incentivize broader adoption of the currency.
The plan also includes a proposal to establish an international digital yuan operations centre in the eastern financial hub of Shanghai, the report said.
Early signals hint that Web Summit Qatar 2026 will be its biggest edition yet, with participation expected to outpace the...Qatar’s rising ambition to become a global tech hub, high digital adoption, and fast-growing startup support ecosystem has made it the summit’s natural destination
GCO and the Qatar Investment Authority (QIA) have reinforced that ambition with a series of long-term national programs designed to attract entrepreneurs and global firms
- Moving forward, lower oil revenues will continue to pose challenges to the Saudi economy and its overall targets. Earlier this...
As non-oil growth accelerates and private investment rises, the Kingdom faces the challenge of sustaining momentum without overstretching its fiscal limits
Vision 2030 is reshaping the Kingdom’s economy at unprecedented speed, but sustaining growth amid lower oil revenues will test policymakers
Syria's central bank chief said Thursday that the country's currency would start to be replaced with a revamped version from...Central bank chief Abdul Qadir al-Hasriya said that "January 1, 2026, is the start date for the replacement process" for the currency
Hasriya said the move comes at a "pivotal national juncture that reflects the beginning of a new economic and monetary era"
- Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...
The Green Line, as it is known, is the latest of a long list of megaprojects undertaken by El-Sisi's government in the past decade
The Green Line will run across the country's north, from Ain Sokhna on the Red Sea to Marsa Matrouh on the Mediterranean
- From the 1980s onward, the federal government and individual emirates launched broader diversification and liberalization programs to reduce reliance on...
Decades of strategic diversification, agile governance and private-sector dynamism have turned the UAE into a global benchmark for sustainable growth
From the oil windfalls of the 1970s to today’s AI-driven economy, the UAE’s long-term vision is delivering fiscal strength, investor confidence and global relevance
