Saudi Arabia's employment figures received a significant boost in 2022, thanks to the efforts of the Public Investment Fund (PIF), which set up 25 companies and created 181,000 jobs during the year, latest official data has pointed out. The 2022 annual report of the PIF highlighted the establishment of a...

ABU DHABI, UAE -  UAE Ministry of Finance (MoF) released its annual report for the year 2022 highlighting performance, initiatives, national projects and international participation. The report is entitled "Remarkable Achievements Shaping Promising Financial Prospects",  includes MoF's most prominent achievements, leadership councils and committees, and strategic objectives. Minister of State...

Dubai, UAE - The total economic output generated by 63 large-scale events hosted at Dubai World Trade Centre (DWTC) reached $3.53 billion (AED 13 billion) in 2022. Out of this amount, a substantial $2.01 billion (AED 7.4 billion) was retained within the local economy, showcasing the venue's strong contribution to...

The announcement comes after the IMF affirmed that the Kingdom's economic prospects are positive in the short and medium term.

King Abdulaziz University achieved 4th place globally with 187 patents in one year.

This represents a 4.3 percent increase in nominal terms and the equivalent to 0.49 percent of collective Gross National Income.

The Saudi firm says it seeks to capitalize on opportunities through innovative and sustainable solutions, focusing on petrochemical products in 2022.

The nine years spanning 2013-2021 all rank among the 10 hottest on record, according to an annual report by the US National Oceanic and Atmospheric Administration (NOAA) published Thursday, the latest data underscoring the global climate crisis. For 2021, the average temperature across global surfaces was 1.51 degrees Fahrenheit (0.84...