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
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‘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
Saudi banks report 24% profit growth amid strong non-interest income: SAMA
New dynamics have been introduced into the financial landscape by the US Federal Reserve's recent change in monetary policy, which affects rates in Saudi because
Analysts project trouble-ridden Nigeria’s GDP growth of 3.6% in Q1 2025
The refinery's planned production increase will solve long-standing problems with Nigeria's energy sector and provide a major boost to the country's economy
UAE, Hong Kong sign MoU to expand cross-border debt issuance & investment
The MoU signed by UAE and Hong Kong is anticipated to simplify debt issuance, trade, and settlement between Asia and the Middle East
Riyadh leads Saudi Arabia’s real estate surge with 20.8% rise in office rents
The Kingdom's growing tourism infrastructure and high-profile events drive the hospitality industry's remarkable growth in Saudi Arabia
Saudi Vision 2030: Kingdom explores ‘Digital Partnerships’ with Germany, Japan, France
At the forum’s opening, Saudi unveiled the Riyadh Declaration, a commitment to developing inclusive and responsible AI technologies to address global challenges and drive economic
Good news for Saudi aviation as King Fahd Airport sees 15% growth in passenger traffic
Saudi Arabia’s civil aviation sector experienced a 17% annual surge to 62 million passengers in the first half of 2024, amidst increasing domestic and international
United States current account deficit hits record high in Q3 2024, economists issue warning
At USD 1.833 trillion for fiscal 2024, the United States budget deficit increased by 8% from fiscal 2023 and reached its highest level since the