Economy

New mining companies helped drive a 12.1 percent annual increase in commercial registrations in Madinah in the fourth quarter of 2023, according to official data. Issued by the city’s chamber of commerce, the economic report showed…
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The UAE’s minister of economy has met the UK’s minister of state at the Department for Business, Energy and Industrial Strategy in a bid to boost economic ties between the two countries, the Emirates News Agency reported on Tuesday. The…
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The global merger and acquisition market witnessed a 15 percent drop year-on-year to $3.2 trillion in 2023, marking its lowest level in a decade, according to recent findings. Dealmakers grappled with several obstacles, including high…
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The UAE is planning to issue sukuk and bonds worth 5 billion dirhams ($1.36 billion) in the first quarter of this year, revealed a top official. Talking to state news agency WAM on the sidelines of the 17th Asian Financial Forum in Hong…
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Customer experience will take center stage at an international industry event in Riyadh in a sign of the growing importance of Saudi Arabia’s services sector. The Customer Experience World Forum will begin on Jan. 24 under the…
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Saudi Arabia’s journey in turning raw information into valuable insights is evolving, as the General Authority for Statistics continues to carry out surveys and censuses. At the Future Real Estate Forum in Riyadh, Fahad Al-Dossari,…
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Dubai’s economy recorded a 3.3 percent growth in the first nine months of 2023, as stated by the emirate’s Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al-Maktoum. The figures indicate steady progress toward the goal of the Dubai…
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Representatives of the Saudi and Moroccan private sectors on Sunday agreed on a joint strategy to boost cooperation and integration between the Kingdom and Morocco, the Saudi Press Agency reported. A business delegation, comprising…
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Saudi Arabia’s National Debt Management Center has unveiled its Annual Borrowing Plan Report for 2024, outlining the Kingdom’s strategies for financing in the coming year. The NDMC’s commitment to effective debt management is highlighted…
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Saudi Arabia’s minister of communications and information technology, Abdullah Al-Swaha, held talks with his counterpart from Singapore, Josephine Teo, on the sidelines of the World Economic Forum in Davos on Wednesday. They discussed…
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