Oman Unveils $5 Billion Future Fund for Major Projects
Oman has launched a $5 billion investment fund, primarily focused on large-scale projects, but also designed to support SMEs and...
Business & Economy
Mergers, acquisitions reshaping GCC’s overall business landscape
RIYADH: Of late, businesses in the Gulf Cooperation Council region have become more inclined toward pooling their resources to achieve operational...
How Saudi Arabia seeks to attract foreign talent, investments
Saudi Arabia has launched a new premium residency scheme to attract and retain foreign talent, investment and entrepreneurs, as part...
Saudi Arabia’s Premium Residency Center adds new visa categories to attract talent, investors
Saudi Arabia’s Premium Residency Center has launched five new visa categories in a bid to retain existing skilled talent and...
UAE economy forecast to grow by 3.7% in 2024, says World Bank
The UAE’s real gross domestic product (GDP) is expected to grow by 3.7% in 2024, up from from 3.4% last...
Kuwait’s civil aviation authority files $3.6mln claim against Jazeera Airways
Kuwait’s Directorate General of Civil Aviation, the country’s federal body for airline-related activities, has filed a legal claim against the...
Amazon, Google, Microsoft to set up regional headquarters in Saudi – report
US technology giants Google, Amazon and Microsoft have joined the growing list of companies that are ramping up their presence...
Saudi: 53 new industrial licenses issued in April 2023
RIYADH — The Ministry of Industry and Mineral Resources (MIM) issued 53 new industrial licenses in April 2023. The licenses...
Qatar’s non-oil sector maintains growth as PMI hits 53.8 in June
RIYADH: The non-oil private sector in Qatar continued to maintain its healthy growth in June, as the country’s Purchasing Managers’...
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