Manama, Bahrain--Saudi Arabia and Bahrain have signed a memorandum of understanding to boost road safety and maintenance in the two...
Madrid-based Halo Space Company has selected Saudi Arabia as its launch site for space tourism, offering tours at $164,000 per...
Saudi inflation shot up to 1.6 percent in February, fueled by higher gasoline and food prices, the General Authority for...Inflation for January stood at 1.2 percent. In February, prices for gasoline 91, gasoline 95 and diesel grew 26.7 percent, 25.9 percent and 21.1 percent year-on-year, respectively
The annual growth in prices for the transportation sector as a whole slowed to 4.3 percent in February from 4.9 percent in January
Saudi National Development Fund will inject SR570 billion ($152 billion) in the Kingdom’s economy by 2030, Saudi Arabia’s Crown Prince...The Crown Prince said that it will contribute to tripling the share of non-oil GDP to SR605 billion over the same period
NDF, through its funds and development banks, will increase the participation of the private sector in the GDP by three-folds by 2030
On the “Aid for Ukraine” website, users can currently offer donations in 10 cryptocurrencies, including Bitcoin, ether, tether and dogecoin.On the “Aid for Ukraine” website, users can currently offer donations in 10 cryptocurrencies, including Bitcoin, ether, tether and dogecoin
“Cryptocurrencies play a significant role in Ukraine’s defense,” Oleksandre Borniakov, Ukraine’s deputy minister of Digital Transformation, said in a statement
Israel, which maintains close ties with both Russia and Ukraine, has been facing growing criticism from Washington and Kyiv over...Israeli PM spoke with Putin over a call on Monday that lasted 90 minutes after speaking with Ukrainian President on Saturday
On Friday, Victoria Nuland from US administration has urged Israel to join Western sanction to punish Putin's aggression
The two countries discussed cooperation in establishing an advanced digital infrastructure.The two countries discussed cooperation in establishing an advanced digital infrastructure
Partnership was reviewed between Saudi IT Minister Eng. Abdullah bin Amer Al-Sawaha and the Greek minister Adonis Georgiadis
- Over the past four years, GCC members have seen billions of dollars being remitted to other countries.
Member nations of the GCC have always had a healthy representation of immigrants in their workforce
As a result, these countries also see some of the largest amount of remittances sent out of them
The Moroccan government faced weeks of pressure over rising prices, in a country heavily dependent on imports of energy and...The Moroccan government faced weeks of pressure over rising prices, in a country heavily dependent on imports of energy and cereals
Both oil and wheat prices surged due to Russia's invasion of Ukraine, although oil fell back on Monday
Lebanon's energy industry sees a loss of up to $2bn every year as state treasury pays over $50bn in advances...Between $1.5bn and $2bn is lost in Lebanon's energy industry every year as state treasury pays over $50bn in advances to Electricité du Liban
The country’s electrical network sees 3500 megawatts demand while only 2,000 megawatts is produced, says energy expert Ahmed Daher
E-commerce in the UAE surged to over $5 billion in 2021 and is projected to surpass $8 billion by 2025,...More consumers in the UAE made online purchases across all categories during 2021, compared to 2020, with 75 percent of respondents typically purchasing online.
The UAE and Qatar are on top, with GDP-per-capita above $40,000 and internet penetration above 90 percent.
- New corporate laws and business-friendly policies give start-ups an upper hand in the UAE as they are predominantly created and...
Corporate reforms will make more people try entrepreneurship in the UAE, say businesspersons
The UAE recognizes that high levels of technical skills proficiency are essential to thrive in the digital economy
