The world has known the Middle East for its oil. But a new fuel is taking the main stage: knowledge,...
Drew Propson, Head of Technology and Innovation in Financial Services at the World Economic Forum, explains how sustainable growth, AI...
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
- Russian President Vladimir Putin said Wednesday he expected his Turkish counterpart Recep Tayyip Erdogan to attend a BRICS summit in...
Putin says he was due to meet Erdogan on October 23 - a day after the start of the BRICS summit in Russia's Kazan
"Our president has many times stated that we want to become a BRICS member," says Turkish main political party
- The Middle East & North Africa (MENA) region ranks as the seventh-largest crypto market globally in 2024, with an estimated...
Centralized exchanges (CEXs) remain the primary source of crypto inflows across MENA
Across MENA, stablecoins and altcoins are gaining market share over traditionally preferred assets like bitcoin and ether
Major airlines such as Emirates, Qatar Airways and Air France have suspended growing numbers of flights to Lebanon as tensions...United Arab Emirates-based Emirates announced the temporary suspension of its flights to Beirut
Air France on Tuesday extended the suspension of its Beirut flights until October 1
- The sheer scale of destruction from the deadliest war in Gaza's history has made the road to recovery difficult to...
With bombs still raining down on Gaza, many of the Palestinian territory's 2.4 million people face re-construction challenges
11 months of war in Gaza has battered Israel's economy, and poverty is now threatening communities
