DP World will contribute its stakes in three existing ports and invest $1 billion over the next few years through an investment platform to be created in partnership with CDC Group (CDC), the UK's development finance institution and impact investor. The platform covers a long-term investment period. CDC is committing...

Saudi Arabia has launched the Makers of Happiness initiative to support the entertainment sector in the country in various ways.

DUBAI: Kuwait’s population decreased by 0.9 percent in the first six months of this year to 4.62 million, as expatriate numbers continued to decline, a report said. More than 56,000 expats left the country in the first half of this year, pushing the total departures to about 190,000 since the...

Nitaqat is a nationalization scheme implemented, which requires Saudi companies to fill up their workforce to certain levels with Saudi nationals.

Slight drop in headline seasonally adjusted PMI in July points to minor deterioration in the health of the non-oil sector.

PMI falls for the first time in four months in July. The downgrade driven by weaker growth in output, new orders and employment.