Economics

Investopia 2024: 11 panels exploring investment opportunities in new economy

The discussions highlighted urgency of investing in human capital, achieving carbon neutrality

Saudi CEOs’ confidence in Kingdom’s economic growth, AI Impact reaches 89 percent: Report

GenAI predicted to boost product quality, competitiveness, and workplace efficiency

Kuwait’s inflation reaches 3.28 percent in January 2024

The increase was driven by rising prices in clothing, food, education

64 percent of consumers in Saudi Arabia regard Ramadan as opportune time for new purchases: Report

Appetite for spending in the Kingdom soared 46 percent ahead of Ramadan 2024

UAE, Kenya conclude terms of CEPA to expand trade in multiple sectors

The deal focuses on key sectors, including logistics, healthcare, travel, and tourism

Unprecedented growth in consumer products sector: Price increases drive surge, exceeding 10-year average

New report finds 75 percent of global growth was due to price increases in 2023

Saxo Bank CEO in MENA predicts UAE’s economic growth to surpass 5.5 percent in 2024

Tech investments and financial services are driving growth in the country

Türkiye: New Central Bank Governor holds interest rates steady at 45 percent

The decision was widely anticipated following eight consecutive months of rate hikes

FedEx inaugurates $350.93 million hub at Dubai World Central

The new facility boasts AI-equipped high-speed X-ray machines

Major Tesla supplier Forvia to cut 10,000 jobs in Europe

Job cuts will be distributed across France, Germany, Poland, Spain

Saudi Arabia’s strategic reforms propel it to top spots in Kearney’s Global Retail Development Index

This positive development reflects the Kingdom's strategic shift away from oil dependence