Saudi economy continues to thrive as e-commerce industry grows further
The expansion is consistent with Saudi Arabia's continuous shift to a digitally driven, diversified economy, in which e-commerce is a key component
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Tesla’s China sales rise to record high in 2024, bucking global decline
China is Tesla's second-largest market, and according to sales data, 36.7% of its vehicles were delivered to Chinese consumers in 2024
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
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