Florin Vasvari of London Business School says a knowledge economy requires educated local talent, global expertise and supportive regulation, tax...
This year’s edition is expected to welcome more than 30,000 participants from over 120 countries, including 1,500 startups, 700 investors...
Asia-Pacific markets traded higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial...Overnight in the U.S., the S&P 500 rallied 0.71 percent to end at 5,792.04
The labor market is perhaps stronger than FED officials favoring the 50 basis point move had expected
Crude oil prices soared nearly 9% last week, marking the biggest weekly gain since March 2023, following a significant escalation...Israeli officials stated that Israel would target Iran's oil production facilities within Iran
Iran is one of the top 10 oil producers globally, with production exceeding 3.3m barrels per day
Oil prices could shoot up US$20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to......if Iranian production sees a hit resulting from Israeli retaliation, said Goldman Sachs
Iran produces almost four million barrels of oil per day, an estimated 4% of the world’s supply.
Sub-Saharan Africa accounts for the global cryptocurrency economy’s smallest share, representing 2.7% of transaction volume worldwide between July 2023 and...Between July 2023 and June 2024. Sub-Saharan Africa received around US$125 billion in on-chain value
About 70% of African countries face an FX shortage, and businesses struggle to get access to the dollar
Asia-Pacific markets are mixed on Tuesday, after Federal Reserve Chair Jerome Powell indicated the recent outsized cuts enacted by the...The current federal funds rate stands at 4.75%-5%
Sentiment among large non-manufacturers in Japan improved, inching up to +34 from +33 in Q2
Riyadh, Saudi Arabia - Riyadh is currently hosting the third Seasonal Dates Exhibition, a major economic, social, and tourist event....Recent stats confirm Riyadh's leading role in date production, boosting Saudi Arabia's self-sufficiency rate to 124%
The Riyadh region alone accounts for 436,000 tons of the Kingdom's total annual production of over 1.6 million tons
Qatar Airways unveiled a bid to take a 25 percent stake in troubled airline Virgin Australia on Tuesday, a deal...The deal could significantly shake up Australia's air travel market which is currently dominated by Qantas
In 2023, Australia's center-left government rejected Qatar's bid to put on 21 extra international flights to and from Australia
- Saudi Arabia anticipates a budget deficit of 2.3 percent of GDP in 2025. Estimates put total government revenues for 2025...
Saudi Arabia anticipates a budget deficit of 2.3 percent of GDP in 2025
Estimates put total government revenues for 2025 at approximately US$320 billion, which would create a deficit of US$27bn
China's central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a last-ditch...hina plans to issue special sovereign bonds worth about $284.43 billion this year
A wide range of economic data in recent months has missed forecasts
- Abu Dhabi, UAE -UAE's airports experienced a 14.2 percent increase in passenger traffic, in the first half of 2024, handling...
A CBUAE report showed the increase in passenger traffic not only reinforces the UAE's status as a global aviation hub but also contributes to the national economy
The report added that this growth in the aviation sector boosts tourism, trade and employment, further diversifying the UAE's economy
