- With 93% of Saudi workers considering generative AI essential, alongside 95% in the Middle East and 79% globally, the region's...
68% of Saudi workers use generative AI weekly, compared to 55% globally, while an overwhelming 93% consider it an essential tool at work
The New York Times reported that representatives from Saudi Arabia's PIF have discussed potential partnerships with leading Silicon Valley venture capital
- Tourism is a major contributor to the Kingdom's economic diversification efforts, the IMF notes in its 2024 Article IV Consultation...
The sector's direct and indirect contribution to GDP reached 11.5 percent in 2023, with expectations to grow to 16 percent by 2034.
Central to this growth has been a combination of strong domestic demand and increased international arrivals.
- The UAE, relying on domestic workers (5% of the population), invests $3 billion annually, highlighting the rising demand for domestic...
A domestic worker visa allows individuals to continue working in private households as cleaners, chauffeurs, cooks, nannies, or personal care providers while travelling
The growth is driven by the UAE’s robust economy, with increasing disposable income among families and a growing expatriate population
- China, the world's number two economy, is Africa's largest trading partner
More than 50 African leaders and UN Secretary-General Antonio Guterres are attending the China-Africa forum
"Over the next three years, the Chinese government is willing to provide financial support amounting to US$50.7 billion," Xi said
- The strategy focuses on risk-based compliance, international cooperation, effective supervision, and disrupting illicit financial activities through improved data collection, analysis,...
The strategy sets out 11 strategic goals aimed at fortifying the UAE’s regulatory framework and enhancing its effectiveness in combating financial crimes
The announcement follows the country’s removal from the Financial Action Task Force’s (FATF) "grey list" in February 2024
- Pakistan's IT sector is thriving, with growing exports and recognition as a tech hub, driven by government support, skilled talent,...
While Pakistan has been declared the "Tech Destination of the Year" at GITEX GLOBAL 2024, one of the key players driving this growth is the Pakistan Software Houses Association
Across the GCC, Pakistani companies provide cybersecurity and AI driven solutions across various sectors, including banking and fintech industries
- The council aims to align its focus with Saudi Arabia’s Vision 2030 and the economic agendas of Eastern European countries,...
The council aims to align its focus with Saudi Arabia’s Vision 2030 and the economic agendas of Eastern European countries
This council will be instrumental in expanding the Kingdom's global economic footprint
- While some sectors have largely regained their strength -- including tourism and the auto industry -- others are struggling, particularly...
China is facing a crisis in its vast real estate sector as well as lackluster confidence among households and businesses, which is hindering consumption
In August, the Purchasing Managers' Index (PMI) - a key barometer of industrial output - stood at 49.1 points, the National Bureau of Statistics (NBS) announced





















