Gold and silver tumbled for a second day Wednesday, bringing a rally in the precious metals to a juddering halt,...
Adept at grasping context, planning and adaptive problem-solving, the agentic AI execute complex, multi-step processes with minimal human intervention or...
A report from the charity, published as the global elite hobnob at the World Economic Forum in Davos this week,...Billionaires are today $3.3 trillion richer than they were in 2020, despite many crises devastating the world's economy since this decade began, including the Covid pandemic.
With riches among the world's wealthiest increasing the way they are, Oxfam predicted that within a decade the world will see its first "trillionaire".
- Davos-Klosters, Switzerland--Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as...
Around 56% economists expect the global economy to weaken this year, while 43 percent foresee unchanged or stronger conditions
In the MENA region, US the outlook is weaker too, with about six in 10 respondents foreseeing moderate or stronger growth this year
- Riyadh, Saudi Arabia - The Saudi National Program to Combat Commercial Concealment has exposed various instances falling under the umbrella...
The government identified cases of cover-up, including scenarios where a Saudi citizen transfers ownership of a commercial establishment to a non-Saudi individual
A key point of differentiation stressed by the program is between commercial cover-up and the concealment of labor violations
The IMF sees an important opportunity for policy prescriptions to help address these concerns, Georgieva told AFP. "We must focus...The IMF report notes that half of the jobs impacted by AI will be negatively affected, while the rest may actually benefit from enhanced productivity gains due to AI
AI will initially have a lower impact on developing economies and they are also less likely to benefit from the advantages of the novel technology, according to the report
"This is in the service of humanity and in building an interconnected and innovative future in various fields, including public...Saudi Arabia has emerged as a major technology hub with a $43 billion market.
The Kingdom sees significant growth in women's empowerment and digital capabilities.
RIYADH, SAUDI ARABIA – The third edition of the Future Minerals Forum (FMF), organized by the Kingdom’s Ministry of Industry...The Ministry of Industry and Mineral Resources and the Japan Organization for Metals and Energy Security signed an agreement.
The first day of the forum also saw the announcement of unexplored mineral estimates, rising from $1.3 trillion to $2.5 trillion.
RIYADH, SAUDI ARABIA – Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef said that the Kingdom’s participation in the...Saudi Arabia’s participation in the annual meet underscores its pivotal role in the transition toward carbon neutrality.
The Kingdom’s engagement provides an opportunity for communication with key players in the private sector globally.
- "The Davos meeting provides a platform for showcasing Saudi Arabia’s significant efforts and progress in these areas ... International partnerships...
Saudi Arabia commits to economic diversification through Fourth Industrial Revolution technologies.
The Kingdom's participation in the World Economic Forum highlights its role in global challenges.
Crude prices spiked more than four percent before ebbing somewhat after the allies launched deadly strikes following weeks of disruptive...In Friday trade, the Dow dipped while the S&P 500 edged higher as investors digested corporate earnings and a surprise drop in wholesale inflation
Leading banks were mostly lower following a deluge of quarterly results, while airlines were hammered after Delta's forecast disappointed investors
Riyadh, Saudi Arabia - Saudi Minister of Hajj and Umrah, Tawfiq Al-Rabiah, officially inaugurated the operational activities for the 1445...The commencement follows the conclusion of the Hajj and Umrah Services Conference and Exhibition, a 4-day event that showcased facilities for the well-being of pilgrims
The conference witnessed the signing of multiple agreements covering areas such as housing, logistical services, healthcare, transportation, catering, technology, etc
