Saudi-listed ACWA Power secures USD 692 million for Egypt wind power plant
As a leading partner in Egypt’s NWFE programme, the EBRD has emerged as a key player in the energy component of this initiative, which was
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Saudi Vision 2030: Analysis of Soudah Peaks, a blueprint for sustainable tourism development
The Saudi government has emphasised the project’s commitment to environmental sustainability, aiming to balance development with conservation
Egypt’s GDP growth reaches 3.5% in Q1 FY2024/25
Egypt’s Suez Canal has been witnessing a bloodbath, with its revenues nosediving by more than 60 % in 2024 compared to 2023, amounting to a
HomeStreet Bank offloads USD 990 million multifamily loans to Bank of America
Bank of America said separately that it was also leaving NZBA, adding that it will continue to work with clients on reducing greenhouse gas emissions
Qatar surpasses 2024 visitor target welcoming 5 million travellers
The hotel sector in Qatar now features more than 40,000 rooms, enhancing its ability to accommodate the increasing number of travellers
Saudi Arabia leverages project management to achieve Vision 2030 milestones
Over 5,000 projects totalling USD 5 trillion are currently underway, demonstrating Saudi Arabia's significant advancements in changing its social and economic environments
IMF agreement set to pave way for USD 1.2 billion funding for Egypt
The deal, which must be approved by the IMF Executive Board, intends to give Egypt vital financial assistance as it negotiates a difficult economic environment
Over two million freelancers in Saudi Arabia join national economy
The Saudi Arabian economy greatly benefits from the work of freelancers. SR72.5 billion, or 2% of the Kingdom's total output, was contributed to the GDP
‘Paradigm Shift’ as Gulf’s urban population set to surge 30% by 2030: Report
According to a recent report by the global management consulting firm Arthur D. Little, by 2050, 90% of Gulf Cooperation Council citizens will reside in
UAE Central Bank maintains GDP growth projections for 2024 at 4%
The UAE’s participation in BRICS aligns with its broader economic strategy to diversify partnerships and attract investment