Early signals hint that Web Summit Qatar 2026 will be its biggest edition yet, with participation expected to outpace the...
The United States signed an agreement on the supply chains with key Asia-Pacific allies concerned about China's growing clout --...
Riyadh, Saudi Arabia - The unemployment rate among Saudi women witnessed a historic decline, plummeting to 13.7 percent in the...The unemployment rate among Saudi men remained steady at 4.6 percent during the same period
The overall unemployment rate, encompassing Saudis and non-Saudis, saw a noteworthy decrease to 4.4% in the 4th quarter
- Riyadh, Saudi Arabia - Saudi Arabia's tourism sector contributed to a record-breaking $36 (SR135 billion) in spending by international visitors....
The Kingdom's remarkable performance in tourism was further highlighted by its leading position in the United Nations Tourism rankings for growth in international tourist arrivals
The UN's tourism report also noted a substantial rise in both inbound and domestic tourism within the Kingdom, reinforcing its reputation as a premier global tourism destination
AMMAN, JORDAN – Products of the Kingdom’s pharmaceutical industries and medical supplies sector moved over the past quarter century to...Jordan’s pharmaceutical and medical supplies sector has succeeded in transforming into a global industry.
The pharmaceutical and medical supplies sector employ approximately 10,000 workers.
- WASHINGTON, US – The US central bank's favored measure of inflation edged higher last month on the back of rising fuel...
The personal consumption expenditures price index rose at an annual rate of 2.5 percent in February.
Much of the February increase in the cost of goods came from energy prices, which rose 2.3 percent from January.
RIYADH, SAUDI ARABIA – The General Authority for Statistics (GASTAT) issued on Friday the Foreign Direct Investment (FDI) statistics for...Total FDI in Saudi Arabia's economy during Q4 of 2023 totaled about US$5 billion.
GASTAT said the results are based on a household survey conducted by the authority.
- Saudi Arabia leads GCC efforts towards defense self-reliance by creating the first military industries committee, aiming to reduce foreign imports...
Saudi Arabia leads GCC efforts towards defense self-reliance by creating the first military industries committee, aiming to reduce foreign imports and enhance local capabilities.
The initiative targets over 50 percent nationalization of the military industry by 2030, driven by economic and technological sovereignty, aligning with the Saudi Vision 2030.
ABU DHABI, UAE – The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has formed a working group specifically for...This initiative aims to support and represent the interests of startups and SMEs in the region.
The goal is to make Abu Dhabi the top choice for business in the Middle East and North Africa by 2025.
ABU DHABI, UAE – Abu Dhabi National Energy Company (TAQA), together with JERA Co., Inc on Thursday announced that they...They will develop a greenfield industrial steam and electricity cogeneration plant for Amiral petrochemical complex.
The Amiral petrochemical complex is expected to house one of the largest mixed-load steam crackers in the Arab Gulf region.
- AMMAN, JORDAN – Rising remittances from the Kingdom’s citizens working abroad has contributed to increasing demand for Jordanian dinar. Exchange...
There are positive indicators suggesting a stabilization in Jordan’s economy.
Presently the currency exchange sector comprises 250 firms across Jordan.
- "There is a need to double efforts to develop a comprehensive blueprint outlining necessary policies to drive the media sector...
Sheikh Ahmed bin Mohammed emphasizes the need for an immediate overhaul in Dubai's media sector.
Proactive steps aim to align Dubai's media with international best practices and ethical standards, he adds.
