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Bahrain Announces Measures to Combat Inflation
NEWS DESK

Bahrain Announces Measures to Combat Inflation

Global inflation is currently at an all-time high. Many issues have contributed to this situation. One such issue is the financial instability caused by the coronavirus pandemic. The after-effects of the economic downturn during the outbreak still linger today. Another issue contributing to global inflation is many countries’ rising energy and food prices. The
Saudi Is A 'bright Spot' For Global Economy,_ Says Panel Of Financial Experts And Saudi Ministers
NEWS DESK GCC Saudi Arabia

“Saudi Is A ‘bright Spot’ For Global Economy,” Says Panel Of Financial Experts And Saudi Ministers

Saudi ministers and a panel of finance experts said at the World Economic Forum in Davos that their country is a “bright spot” for a global economy facing a slowdown this year. Finance Minister Mohammed Al-Jadaan claimed that the Kingdom had anticipated the trend of global inflation earlier than other countries. He mentioned that the Saudi government
Saudi Arabia's Bid For Expo 2030 Represents _An Investment In The Future Of Saudi's Citizens, Residents, And Guests,_ RCRC Chief Tells Davos
NEWS DESK GCC Saudi Arabia

Saudi Arabia’s Bid For Expo 2030 Represents “An Investment In The Future Of Saudi’s Citizens, Residents, And Guests,” RCRC Chief Tells Davos

Saudi Arabia’s bid for Expo 2030 was, according to Fahd Al-Rasheed, the head of the Royal Commission for Riyadh City, an investment in the future of the city’s citizens, residents, and visitors. Saudi’s Vision For Expo 2030 The future of the Expo 2030 site and its significance to the community is on their minds, he said. It’s […]
CBHUK CEO Predicts A Massive Digital Transformation In The Hajj Sector, Which Will Improve The Overall Pilgrim Experience
Business

CBHUK CEO Predicts A Massive Digital Transformation In The Hajj Sector, Which Will Improve The Overall Pilgrim Experience 

According to Rashid Mogradia, chief executive officer of the Council of British Hajjis, the massive digital transformation sweeping various aspects of the Hajj and Umrah sector in Saudi Arabia will streamline the delivery of services and improve pilgrims’ experiences. Mogradia, reporting from Jeddah’s Hajj Expo 2023, praised the industry’s dedication to
Saudi Arabia, The UAE, And Qatar Gain A Cultural Advantage Through Significant Investments In The Creative Economy
Business GCC Qatar Saudi Arabia UAE

Saudi Arabia, The UAE, And Qatar Gain A Cultural Advantage Through Significant Investments In The Creative Economy

Undeniably, there was a rush in 2022 to make up for the disastrous effect the pandemic had on tourism, entertainment, and concert attendance in 2021 because of lockdowns. As the rest of the world’s economy struggles to recover from the global pandemic caused by the conflict in Ukraine, the energy-exporting countries of the Persian Gulf, […]
Dfsa's New Business Plan Will Help The UAE Become A Global Leader In The Financial Services Industry
Tech GCC UAE

Dfsa’s New Business Plan Will Help The UAE Become A Global Leader In The Financial Services Industry

As Dubai and the UAE continue to develop, the DFSA has released its Business Plan for 2023–24. The plan is organized around four strategic themes. These themes are designed to encourage business expansion in Dubai. The DFSA has put out a two-year plan to help the Dubai International Financial Centre (DIFC) meet its statutory objectives, such as establishing […]
This Year, Saudi Arabia Is Set To Surpass India As The Fastest-Growing Major Economy
Business GCC Saudi Arabia

This Year, Saudi Arabia Is Set To Surpass India As The Fastest-Growing Major Economy

India is projected to lose its status as the world’s fastest-growing major economy this year. The Indian Ministry of Statistics and Program Implementation projects that Saudi Arabia’s GDP will develop at a quicker pace than India’s, at 7.6 percent per year, thanks to the continued boost provided by increased earnings from higher energy prices. With growth
Under The New Tech House Initiative, Saudi Startups Hope To Work More Closely With Pakistan
Business GCC Saudi Arabia

Under The New Tech House Initiative, Saudi Startups Hope To Work More Closely With Pakistan

Following the announcement of plans to form a joint technology house, Saudi startups at Pakistan’s largest tech conference are looking toward future collaboration with the South Asian nation. About 50,000 people, including representatives from 500 companies and 200 exhibitors from more than thirty countries (including a delegation from Saudi Arabia), attended Future