Saudi Arabia prioritises real estate sector with legislative initiatives
The real estate development and ownership field in the Kingdom is considered one of the largest growing sectors in the Middle East
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MENA Watch: IPOs kick off Q1 2024 with strong momentum
The UAE has one announced IPO, whereas the KSA has 21 announced IPOs
Saudi banks’ money supply surges 8% in March 2024
As per S&P Global, mortgage financing accounted for 23.5% of Saudi banks’ total credit allocation by the end of 2023, compared to 12.8% in 2019
Moody’s affirms Kuwait’s rating at ‘A1’ on strong fiscal buffers
Moody’s projected that Kuwait’s financial assets, particularly the assets of the FGF, will remain high, reaching 400% of the GDP by the end of 2023,
Egypt aims to become manufacturing hub with smartphone industry entry
In order to strengthen Egypt's standing in the smartphone manufacturing sector, the goal is to draw in Apple, the fifth tech giant
Saudi Vision 2030: A path to sustainable growth and independence for women in Kingdom
Saudi Arabia's National Savings and Financial Literacy Strategy emphasises financial literacy and addresses the 1.6% household savings rate
Disney significantly reduces traditional TV spending: CEO Bob Iger
When Bob Iger announced his retirement and rejoined Disney as CEO in November 2022, he said he took a broad view of traditional media
Go Green with GBO: Saudi aims to enhance sustainability in the water-scarce Middle East
Saudi consumers are aware of climate issues and optimistic about solving them, according to the Ecolab Watermark Study, a global survey of water perception in
China property shares jump as government plans to buy unsold homes
In mid-2021, China's real estate industry fell victim to a debt crisis
Qatar’s electric buses help reduce 43 million kilograms carbon emissions
In 2022, Mowasalat began utilizing electric buses for public transportation, resulting in an approximate 8 million kilogram reduction in carbon footprint