The Johannesburg gathering is being attended by a host of world leaders including French President Emmanuel Macron, Indian Prime Minister...
Qatar's energy minister on Monday warned the Gulf state would halt its supply of liquefied natural gas to Europe over...
Washington, US - US economic growth was stronger than expected in the final months of 2023, government data showed Thursday, offering...The US economy expanded at an annual rate of 3.3 percent in the fourth quarter, fueled by a resilient jobs market and consumer spending, the Commerce Department said
The fourth quarter GDP jump "reflected increases in consumer spending, exports, state and local government spending" and other areas, it added
The central bank is tipped to leave rates unchanged for a third consecutive meeting, keeping the benchmark deposit rate at...Frankfurt institute launched an unprecedented rate hiking cycle in mid-2022
ECB watchers will be more interested in president Christine Lagarde's press conference
DUBAI, UAE - Dubai consolidated its status as a central hub for international business events in 2023, with the city...Driven by Dubai Business Events, the wins reflected a robust 49 percent increase in successful bids compared to 2022.
DBE brought a citywide offering to the global market that resonated with the core needs of the business events industry.
Riyadh, Saudi Arabia - Saudi Arabia is planning to start air mobility that is most advanced and safest in the...The Saudi General Authority of Civil Aviation is spearheading the Advanced Air Mobility (AAM) initiative that encompasses a spectrum of innovative solutions
The initiative seeks to ease traffic congestion, enhance accessibility to remote areas, and contribute to overall economic and social development
The presence of multinationals promises a transfer of expertise and skills, enhancing opportunities for Saudi youth and contributing to the...The presence of multinationals promises a transfer of expertise and skills, enhancing opportunities for Saudi youth and contributing to the Kingdom's diversification.
Riyadh aims to become a global economic hub, drawing international experts and fostering knowledge transfer, with potential economic benefits estimated at $45 billion.
- Riyadh, Saudi Arabia - The Saudi real estate sector has witnessed a remarkable surge in local employment, boasting a substantial...
The significant 116% leap comes in the wake of the government's decision to prioritize the localization of the sector
The housing sector, in particular, benefits from substantial corporate support, with 21 initiatives worth over $181 million
Jeddah, Saudi Arabia -- President of the Islamic Development Bank (IsDB) Muhammad Al-Jasser held today held discussions with senior officials...The ICBC Bank Chief Business and Management Officer Wang Kun, expressed interest in the sukuk (Shariah-compliant bonds) market
The BOC's Chief Business and Management Officer discussed strengthening collaboration in treasury activities, stock, and capital markets
Abu Dhabi, UAE-- The UAE President Sheikh Mohamed bin Zayed Al Nahyan has issued a law, as the ruler of...The council has been set up to develop policies and strategies related to research, infrastructure and investments in AI in Abu Dhabi
It will formulate plans in collaboration with local and global partners to enhance Abu Dhabi's status in the fields of artificial intelligence
Riyadh, Saudi Arabia - Saudi Arabia aims to attract 150 million visitors by 2030, with the tourism sector expected to...Saudi tourism Al-Khateeb noted a 156% increase in tourist arrivals compared to 2019, surpassing the global recovery rate from the pandemic by 88%
He said that the tourism sector's contribution to GDP increased to 4.5%, representing 7% of non-oil GDP, attributing the success to well-executed plans
- Egypt begins 2024 with steep increases in essential services' prices, exacerbating the economic strain on its citizens amidst a broader...
Egypt begins 2024 with steep increases in essential services' prices, exacerbating the economic strain on its citizens amidst a broader economic crisis.
The government seeks to stabilize the economy through IMF program renewal amid challenges like rising foreign debt and fluctuating exchange rates.
