Browsing: Economy

The UAE suffered the heaviest rains this month in 75 years, causing widespread flooding which trapped residents in traffic, offices and homes

RIYADH: Since the launch of Vision 2030, Saudi Arabia has witnessed a fundamental shift in its economy and the business environment is transforming with the creation of new sectors, said the Kingdom’s economy minister.

RIYADH: Saudi Arabia’s non-oil exports, including re-exports, saw a surge of 4.4 percent in February compared to the same period of 2023, official data showed. 

Lawmakers in Washington are reportedly working on measures to cut off sanctioned lenders from the global financial system

The Russian Ministry of Economic Development has raised its 2024 forecast for the country’s growth, citing domestic consumer and investment demand.

RIYADH: Saudi Arabia’s Diriyah Co. has shared plans for its inaugural mixed-use commercial office and retail development Zallal, set to launch in the Bujairi district during the first half of 2025. 

RIYADH: The Saudi capital has emerged as a beacon of “thought leadership, action, and solutions,” stated one of Saudi Arabia’s top officials as Riyadh prepares to host the World Economic Forum.

RIYADH: Growth in air traffic, heightened investment interest, and a comprehensive strategy are driving Saudi Arabia’s aviation sector expansion, according to a top official. 

Al Hujairy highlighted the role of artificial intelligence in accelerating the achievement of the UN Sustainable Development Goals

Over 1,200 shipments are dispatched annually, carrying humanitarian aid worth $140-150mln to 135 countries: Giuseppe Saba