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Saudi Arabia
Logistics
Saudi Arabia’s air transport sector sees 26 percent passenger growth, exceeding 112 million in 2023
This robust performance reflects the sector's successful recovery from the COVID-19 pandemic
Economy
Saudi Arabia’s inflation slows to 1.6 percent in March: Report
Rental prices drive Saudi Arabia's annual inflation increase in March
Economy
Only 40 percent of Saudi women are likely to return to work after a break: PwC report
Financial independence emerges as a key incentive for women returners in Saudi Arabia
Economy
World Bank raises forecast for UAE’s real GDP growth to 3.9 percent in 2024; 4.1 percent in 2025
The report indicates the UAE's current account surplus is expected to reach 8.4 percent in 2024 and 8.3 percent in 2025
Energy
Saudi Arabia’s drilling firm ADES secures $93.3 million contract to operate jack-up rig in Qatar
The contract includes a mandatory and optional extension period of up to 18 months
Economy
ICAEW’s Chief Economist Scott Livermore on oil output strategy, economic diversification importance for GCC growth plans
Sustained oil output, growing non-oil investments key to healthy economy
Op-eds
Embracing new opportunities amid shifting global economic dynamics
Insights into economic trends, entrepreneurial efforts driving growth in UAE and KSA
Hospitality & Tourism
Middle East travel market set to boom as tourists loosen purse strings
Indian tourists’ greater spending potential, surge in Gen X travelers set to buoy tourism
Industry
Saudi Arabia’s industrial production index up 1 percent in February
Index reveals 2.1 percent annual increase in manufacturing activity
MENA
Eid Al Fitr 2024: First day of festival in UAE, Saudi Arabia, other Arab countries
Muslims worldwide celebrate Eid Al Fitr to commemorate the conclusion of the fasting month of Ramadan
Industry
Saudi MODON attracts investments worth $3.85 billion in 2023: Report
MODON received the "Most Attractive Destination for Investments Award" in 2023
Economy
12 Saudi companies ink agreements with Iraq Development Fund
The deals seek to promote cooperation in various high-quality investment projects in Iraq
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