business

IHG thrives in the Middle East’s booming travel and tourism market

Leading hospitality brand to open 70 hotels in the region in the next few years

Pillars to boost Abu Dhabi tourism onward and upward with H.E. Saleh Al Geziry

Emirate is committed to celebrating its rich and unique cultural heritage and prioritizing authentic experiences

The Middle East: Rise of a tourism powerhouse

Middle Eastern destinations, including Dubai, Abu Dhabi, and emerging hotspots like Riyadh and Ras Al Khaimah, saw significant tourist inflows in 2023

Saudi Arabia set to increase assets under management to 29.4 percent of GDP by 2024

The Kingdom surpassed 2023 targets with 216 fintech companies in operation and the launch of two digital banks

IMF establishes new regional office in Saudi Arabia, hosts joint conference on industrial policy for diversification

The IMF aims to boost its involvement with regional institutions, governments, and stakeholders by setting up this office

Samsung and Google to team up for next-level AI

Samsung seeks to integrate Google's second-gen Gemini Nano AI into Galaxy S25 smartphones

Egypt to cut interest rates by 2 percent in May; inflation to decrease to 20 percent by end of 2024: Report

The CBE's Monetary Policy Committee is scheduled to meet on May 23 to review the key interest rates

Brazil introduces measures to support small businesses, low-income families, and real estate market

The "Acredita" program helps provide microcredit to CadUnico registrants, enabling access to social programs like Bolsa Familia

UAE and Ecuador initiate negotiations for CEPA to boost trade, investment

In 2023, non-oil bilateral trade between the UAE and Ecuador reached $675 million

Qatar, Bangladesh sign MoUs to foster cooperation in investment, education, sports, taxation, and legal fields

Qatar's Amir Sheikh Tamim bin Hamad Al-Thani visited Bangladesh lately and met with President Mohammed Shahabuddin

World Bank partners with Saudi Arabia to establish knowledge center for economic reforms

Boosting global economic reforms and enhancing regional and global competitiveness

World Bank secures $11 billion backing for new financial instruments to boost lending capacity

WBG's leveraging capability enables 6-8x multiplication of hybrid capital and guarantee platform funds over 10 years

Egypt’s SCZONE attracts 128 projects worth over $3 billion, Chinese firms contribute 40 percent

SCZONE inked 14 agreements with major Chinese companies to boost investment

Visa’s CEMEA President Andrew Torre on getting ready for the next wave of digital disruption

Businesses need to be agile, adapt their strategies and invest in digital infrastructure

ADGM’s Emmanuel Givanakis: Robust regulatory frameworks, key to success of the UAE’s financial landscape

With ADGM’s FSRA as a premier advocate, the Emirate is assured a progressive financial service environment

Saudi Arabia records over 1.45 million commercial registrations by end of Q1 2024

The Ministry of Commerce recorded 104,000 registrations and 65,363 permits

Business activity in Saudi Arabia rises to 6-month high in March, PMI data shows

Non-oil private sector saw a decline in cost inflation for the second month in a row

UAE dominates the entrepreneurship scene for third year in a row: Report

The UAE's historic score of 7.7 sets a new record, making it the highest in the history of the report

More than 1,200 brands ready for franchising in Saudi Arabia: Report

The Kingdom’s franchising market offers over 10,000 business opportunities

Oman’s fund to invest $4.7 billion in large-scale projects over next 5 years

Supporting economic diversification in line with Oman Vision 2040

Saudi Arabia’s private equity activity surges to $4 billion in transactions in 2023

Kingdom's private equity sector thrives, dominated by buyout transactions