Government spending on infrastructure projects as part of the Vision 2030 program is expected to boost non-oil GDP growth.

The coalition said the rebels are using two Red Sea ports for military purposes, after the Huthis seized an Emirati-flagged vessel.

Saudi Arabia's drive to increase literacy rate in the kingdom seems to be bearing fruit. According to the ministry of education the illiteracy rate has dropped from 5.6 percent in 2019 to 3.7 percent in 2021.

A new year saw quite some ups and downs in the top stock markets in the region, even as the UAE markets adjusted to a Monday-to-Friday workweek.

Some grumbled at the change and businesses were split, with many moving to the Western-style weekend but other private firms sticking with Fridays and Saturdays, as in other Gulf states.

The latest exchange of insults follows a crisis between Lebanon and Gulf Arab states over the war in Yemen.

People are hungry to consume content that they can understand and more importantly relate to, says Eyad Basheer, chief operating officer of Tamatem.

India started its honey exports only in the fiscal year 1996-97, and is the world’s eighth-largest honey producer and ranks ninth among the honey exporting countries globally.

The midmarket rate for the Lebanese pound is around 1,500 to the dollar, but the reality on the ground is that the black-market rate of 30,000 prevails.

Prime Minister Najib Mikati has said the Hezbollah allegations do not reflect the official position of Lebanon.

Jordan and Saudi foreign ministers Monday held talks in Amman on increasing cooperation between Jordan and Saudi Arabia and coordination on regional crises. The meeting underscored the Jordan-Saudi "strategic" ties and emphasised the importance of the institutionalisation of bilateral cooperation on investment, development and environment.

Major oil-producing countries are expected to maintain on Tuesday their course of modestly boosting output as the rapidly spreading Omicron variant has so far not heavily hit demand.The so-called OPEC+ grouping, including top producers Saudi Arabia and Russia, has withstood pressure to more widely open the taps though high energy...

The Iran-backed Huthis released images of what they said were military jeeps and weapons on board the vessel, named Rwabee, which was captured in the Red Sea off the Yemen coast. The coalition branded the hijacking an act of piracy and threatened to seize the ship back by force. The...

Turkey's President Recep Tayyip Erdogan on Monday said he will visit Saudi Arabia next month, the Turkish leader's first since the 2018 murder of Riyadh critic Jamal Khashoggi in Istanbul. Rocky relations between Turkey and Saudi Arabia worsened significantly after the brutal killing of Khashoggi inside the Saudi consulate in...

Saudi Arabia's 10 biggest companies witnessed the recovery of dividends paid out to investors in 2021, as the economy began to rebound from Covid-19 setbacks, although it remains to be seen how the Omicron variant will affect the gains. The 10 companies, valued at more than $2 trillion (SR 7.5...

At the global scale, 56.5 percent of oil reserves and 26.7 percent of natural gas reserves are owned by Arab countries.

Several countries in the region have already formed AI policies to support their national goals after this technology demonstrated its ability to serve in several areas.

The 51-year-old, looking to win the race for the fourth time, finished the stage 12 minutes and seven seconds quicker than nine-time world rally champion Sebastien Loeb.

Exploring space is no longer a luxury, it is humanity's future, says Tunisian astrophysicist and Nasa scientist Nour Raouafi

Flights into the rebel-held capital Sanaa have been largely halted by a blockade since August 2016, but there have been exemptions for aid flights. However, Sanaa airport was closed for several days in December after the Saudi-led coalition pounded it with airstrikes.

The Gulf financial markets ended 2021 on the rise, waiting to achieve significant gains next year.

Bloomberg's Auction System is a part of Bloomberg's enterprise solution for central banks and government financial agencies.

International oil prices surged by around 36.5 percent and reached a 7-year peak, exceeding US$ 82 a barrel at the end of November 2021, the highest since October 2014.

Saudi Arabia on Thursday reimposed social distancing measures at the Grand Mosque in Makkah, after recording the highest number of infections in months. Workers have returned floor markings removed on October 17 to guide people to social distance in and around the Grand Mosque -- which is built around the...

King Salman said, ‘We hope (Iran) changes its policy and negative behavior in the region, and it heads towards dialogue and cooperation. We are following with great concern the Iranian regime's destabilizing policy to security and safety in the region.’

As the startup ecosystem takes off in the MENA region, TRENDS helps experts deliver valuable advice for entrepreneurs.

The winners of King Faisal International Prize (KFIP) for the years 2020 and 2021 were honored at Prince Sultan Grand Hall in Al-Faisaliah Hotel in Riyadh on Tuesday. The prize is held under the patronage of King Salman, and Secretary-General of the KFIP, Abdulaziz Alsebail introduced the winners of the...

The United States has condemned the Houthis' continuous attacks on the Kingdom of Saudi Arabia, stressing that the group is a threat to its allies. US State Department Spokesman Ned Price said in a virtual press conference that Saudi Arabia was able to eliminate about 90% of Houthi attacks, and...

The Saudi Authority for Intellectual Property (SAIP) has designated the National Intellectual Property Administration of China (CNIPA) as International Searching Authority and International Preliminary Examining Authority under the Patent Cooperation Treaty (PCT), allowing international patent applicants in the kingdom to select CNIPA to issue international search reports for their applications....

The Saudi Fund for Development is investing USD60 million to develop the infrastructure of the transport sector to reduce death and injury rates resulting from traffic accidents.

London-based think-tank Cebr predicts the economic future of countries across the world and the outlook remains rosy for the Gulf region.

The UAE issued its first civil marriage license for a non-Muslim couple, state media reported Monday, as the Gulf country seeks to keep its edge over regional competitors. The United Arab Emirates -- where foreigners make up 90 percent of the approximately 10-million population -- has been amending its laws...

As ecommerce expands, companies are becoming more aware of the region's shifting consumer behavior and needs, say experts.

Fireworks and laser lights were launched to announce the new record as pavilion’s employees and public gathered in the ‘opportunities’ zone, with more visitors flocking in to celebrate the occasion.

The Saudi-led coalition fighting in Yemen said Sunday it struck a Huthi rebel camp in the capital Sanaa, as it intensified an aerial bombing campaign against the Iran-backed insurgents. The coalition, which backs Yemen's internationally recognized government against the Huthis in a civil war, said it destroyed weapons storehouses in...

Saudi Arabia’s overall merchandise exports increased by 90 percent in October 2021 compared to October 2020, when international trade was impacted by the lockdowns and the travel bans due to the breakdown of Covid-19 in many world countries. According to the international trade report for Oct. 2021, released by the...

With the worst of the repercussions of Covid-19 expected to be in the rearview mirror, there are some specific sectors Saudi Arabia is focusing on in 2022.

In the Middle East, Saudi Arabia, Egypt, and the UAE account for nearly 80 percent of the overall ecommerce market.

The Abu Dhabi index recorded a weekly loss of 4.8 percent, its deepest plunge since March 2020.

The ship was loaded with foodstuffs and sailed in 1978 from a Greek port towards the Aqaba port in Jordan, but it hit the coral reefs nearing the beach of “Bi’r al Mashi.

The country is aiming for a budget surplus for the first time in eight years amidst increasing oil prices and the gradual opening of global markets, say market research firms.

Jordan and Saudi Arabia have discussed the ways to increase the exchange of crops and foodstuffs between the two countries. Jordan's Minister of Agriculture Khaled Hneifat met a delegation of the Saudi Ministry of Agriculture, Environment and Water to discuss the importance of exchanging joint expertise to develop the agricultural...

Iran's envoy to Yemen, Hassan Eyrlou, died on Tuesday despite being flown out from the Huthi rebel-held capital in a rare exemption from a Saudi-led air blockade. Tehran blamed the "slow cooperation of certain countries" in facilitating Saturday's evacuation for Eyrlou's death.  

Yemen has been devastated by a civil war between the Saudi-backed government and Iran-backed Huthi rebels since 2014.

What makes Dubai a tourist hub and an essential market for sustainable surfing is the region’s proximity to the sea? Okahina Wave's CEO Laurent Hequily has answers.

The General Authority for Statistics (GASTAT) released the Labor Market Publication, confirming that the unemployment rate of Saudis remained stable at +15 for Quarter 3 of this year at (11.3%) compared to the previous quarter.

The main reason for high inflation rates in the GCC countries is a rebound in prices in the sectors that were affected the hardest during the Covid-19 crisis, Chief Economist at Oxford Economics Middle East, Scott Livermore, tells TRENDS in an interview.

Record crowds of over 700,000 revelers flocked to Saudi Arabia's MDLBeast Soundstorm music festival, authorities said Monday, at the end of the four-day event in the oil-rich desert kingdom. The electronic music festival comes as Saudi's leaders are pushing efforts to change its conservative image and diversify its economy, only...

Iran's ambassador flew out of the rebel-held Yemeni capital to receive Covid treatment Saturday in a rare exemption from an air blockade enforced by a Saudi-led coalition, Saudi and Iranian officials said. "The ambassador left on an Iraqi aircraft and is probably now in Baghdad," a senior Saudi official familiar...

Saudi Arabia has said the collapse of Afghanistan would lead to chaos that has regional and international ramifications, while stressing the need to ensure that the country does not turn into a haven for terrorist and extremist groups. Speaking during the emergency meeting of the Organization of Islamic Cooperation hosted...