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Gulf real estate sector poised for growth in H1 2024: Markaz Report
The Gulf real estate sector is set to witness growth in the first half of 2024, driven by increasing demand and supporting government policies, according to a report.
The Kuwait Financial Centre, also known as Markaz, recently released a…
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Jordanian IT firms embrace AI with 63% incorporating the technology: study
Jordanian information technology companies are embracing artificial intelligence, with up to 63 percent incorporating AI into their products and services, according to a recent study.
The report, released by the Information and…
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Saudi Arabia’s point-of-sale and e-commerce payments reach $206bn in 2023
Saudi Arabia continued to embrace digital advancements in 2023, as both traditional point-of-sale systems and the e-commerce sector saw annual growth of 13 percent.
The latest data release by the Kingdom’s central bank, also known as…
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Latin American SMEs keen to collaborate with Saudi Arabia
Saudi Arabia is in overdrive to diversify its economy away from oil by exploring all available opportunities available domestically and abroad.
This very quest took Saudi Investment Minister Khalid Al-Falih to several nations in Latin…
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Clinicy targets sevenfold expansion after securing $5m in funding
Saudi Arabia’s entrepreneurial landscape is bustling with innovation, as startups across the Kingdom are leading a digital revolution in various sectors.
Among these, the healthcare industry stands out as a primary focus, with a…
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MENA startups close January with $86.5 million in funding
Investments in Middle East and North Africa startups amounted to $86.5 million in January, as 2024 kicked off at a slow pace.
The figure represented a decline from December 2023’s $1.15 billion in funding, as well as a 34 percent…
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Saudi Exports seeking to build on $34.13bn non-oil trade with Africa
Fertilizers, building materials and packaging helped drive SR128 billion ($34.13 billion) in non-oil Saudi exports to Africa between 2019 and 2023, it has been announced.
A release from the Saudi Press Agency has set out how crucial…
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Copper steadies on China financing data; zinc and lead hit new lows
Copper prices steadied on Friday after a week of heavy losses as investors got a glimmer of hope that top metals consumer China was bolstering its economy with financing measures, according to Reuters.
Zinc and lead, however, touched…
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Saudi Arabia to hire Goldman, Citi, HSBC for Aramco share sale: Bloomberg News
Saudi Arabia is set to hire Citigroup Inc, Goldman Sachs Group Inc. and HSBC Holdings Plc for a secondary share sale in Saudi Aramco, a deal that would raise about $20 billion, Bloomberg News reported on Thursday, citing people familiar…
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Saudi Arabia and Switzerland ink tourism agreement to enhance visitor experiences
Tourist attractions in Saudi Arabia and Switzerland are poised for enhancement through a new agreement, promoting marine activities, cultural heritage, and rural tourism.
The Saudi Tourism Authority has signed a memorandum of…
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