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Saudi Arabia

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, […]
Business GCC Saudi Arabia

Saudi reaffirms commitment to bridging global divides, driving energy transition, inclusive economic growth at WEF23

Riyadh, Saudi Arabia — Saudi Arabia reiterated its commitment to build bridges across geopolitical and economic divides at the World Economic Forum (WEF) 2023 Annual Meeting in Davos, Switzerland last week. His Highness Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs, led the Saudi delegation of nine ministers and high-level officials, and told […]
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 […]
Business GCC Saudi Arabia

Saudi delegation highlights Kingdom’s evolving global growth story at World Economic Forum

Davos-Switzerland — Saudi Arabia’s smart city NEOM offers a new model for environmentally-friendly and sustainable urban design, both for the Kingdom and the world, Saudi’s Climate Envoy told the World Economic Forum (WEF) today. During a panel session titled ‘The Evolution of Urban Life’, His Excellency Adel bin Ahmed Al-Jubeir, Minister of State for Foreign […]
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
Business GCC Saudi Arabia

Simone Inzaghi: “Thank you Saudi Arabia for hosting the Italian Super Cup match”… Stefano Pioli: “We must work better to raise the bar”

Riyadh, Saudi Arabia — A press conference was held after the Italian Super Cup last night, between AC Milan and Inter Milan, staged at King Fahd Stadium in Riyadh at 10:00pm (local time), brought by Saudi Ministry of Sport as part of the sporting events in Diriyah’s 2nd Season. Inter Milan coach Simone Inzaghi thanked […]
Business GCC Saudi Arabia

Saudi Arabia is creating a global model for economic resilience and collaboration

Davos-Switzerland. — The rapid economic transformation of Saudi Arabia and its global role in bringing near-term stability while driving long-term transformation was the subject of a high-level panel on the third day of the World Economic Forum at Davos. The session, titled “Saudi Arabia’s Transformation in a Changing Global Context”, featured four speakers from the
Business GCC Saudi Arabia

Saudi, WEF launch innovation accelerator, explore collaborations in global metaverse village

Davos, Switzerland — A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting. His Highness Prince Faisal Bin Farhan Al Saud, Minister of Foreign Affairs, Her Royal Highness Princess Reema bint Bandar Al Saud, Ambassador to the United States of America, His […]