5 WEF reports shaping your 2024 agenda
From AI to the future of jobs and slow climb to gender parity, WEF reports provide insights into some of...Economy Energy Geostrategy Global Tech & Media
Innovations make Dubai Airport soar to new heights
In 2023, Dubai International Airport ranked second globally in passenger count and was recognized for having the largest seat capacity...Economy
Points of Sale terminals in Saudi exceed 1 million, says SAMA
The Saudi Central Bank (SAMA) announced that the number of Points of Sale (PoS) terminals inside the kingdom have exceeded...These terminals can be found at commercial sales outlets in more than 180 cities and villages.
PoS terminal transactions reaching more than 5 billion by the end of 2021, compared to 2.8 billion transactions in 2020.
Investors’ forum discusses privatization scene in Saudi Arabia
Several investment companies and investors interested in privatization projects attended an investor forum organized by Saudi Arabia’s National Center for...The forum was organized by the National Center for Privatization in cooperation with Riyadh Bank.
A series of opportunities are expected to be presented in the coming years, the Center said.
Jordan to supply Lebanon with electricity: Energy minister
Under the agreement, Lebanon will be provided with about 150 megawatts of electricity from midnight to 6 am, and 250...Under the agreement, Lebanon will be provided with about 150 megawatts of electricity from midnight to 6 am, and 250 megawatts during the remaining hours
The project will benefit the Jordanian electrical system as Lebanon will be supplied directly from the Kingdom's power transmission networks
Saudi Arabia’s real estate Price Index increased by 0.9 percent in Q4 2021
The General Authority for Statistics (GASTAT) released today through its official website a report on Real Estate Price Index in...Residential land prices were responsible for the rise in real estate prices in Q4 of 2020.
The Real Estate Price Index is a statistical tool for measuring the relative change in real estate prices in the kingdom.
Sharjah Chamber and European Women Association to foster trade ties
The agreement also provides the exchange of commercial data and statisticsAn MoU signed by the two sides will encourage the exchange of trade delegations and discussions in the fields of export and economy.
The MoU was signed by Abdullah Sultan Al Owais, Chairman of the SCCI, and Yulia Stark, President of the European Women's Association.
Solar power costs in US decreased 80% since 2009: DOE
The US Department of Energy put forward the observation in the third edition of the Solar Power in Your Community...The price has dropped from a little less than $0.30 per unit in 2009 to around $0.04, according to a chart shared by the DOE
Federal incentives have spurred dramatic increases in solar deployment, according to the new report
EU overachieves 2020 renewable energy target
With more than half of gross final energy consumption from renewable sources, Sweden had by far the highest share among...With more than half of gross final energy consumption from renewable sources, Sweden had by far the highest share among the EU Member States in 2020
The Member States that significantly exceeded their 2020 targets were Sweden, Croatia and Bulgaria
Kuwait, Saudi Arabia should develop trade, investment cooperation: KCCI
Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer called for more bilateral efforts to achieve the desired...Chairman of Kuwait Chamber of Commerce and Industry (KCCI) Mohammad Al-Saqer called for more bilateral efforts to achieve the desired economic goals
On ongoing economic and political developments in the Kingdom, Al-Saqer noted that the Kingdom is an ideal example to follow
GCC chief stresses importance of serving requirements of joint market
GCC Secretary-General Naif Falah Al-Hajraf with the chairman of the Board of Directors of the FGCCC, Samir Abdullah Nas.The GCC chief has stressed the importance of building a distinctive integrative trade and investment base
The base is expected to complete the requirements of the GCC joint market and develop GCC inter-trade relations
Over 50,000 joined consult ahead of new constitution in Tunisia
The consultation will last until March 20 with topics including politics, economics, finance, social, health, education, and cultural affairs.Tunisia will intensify awareness campaign for national consultation so that more people can participate
The electronic platform for the consultations was fully launched on Saturday after it partially opened on January 1
