Business and Economy
Saudi Sovereign Fund Eyes Europe Amid Diversification Push
Saudi Arabia's Public Investment Fund is expanding its European portfolio as part of a broader strategy to diversify away from oil. With planned investments reaching $170 billion by 2030, the…
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Saudi Arabia’s Strategic Push into Duty-Free Retail
Saudi Arabia’s Public Investment Fund (PIF) launches Al Waha Company to manage and expand duty-free markets across the Kingdom’s airports,…
Global Debt Surpasses $100 Trillion Amid Rising Borrowing Costs
Governments and corporations raised a record $25 trillion in 2024, driving total global debt above $100 trillion. With borrowing costs…
Oil Companies Dismiss Concerns Over Potential $50 per Barrel Prices
Oil companies remain confident despite concerns that crude prices could drop to $50 per barrel. Analysts warn of oversupply and…
Kuwaiti Economy at a Crucial Turning Point
Kuwait is implementing long-awaited financial and economic reforms to diversify its economy and reduce oil dependence. Read more about the…
Gulf States May Play a Key Role in America’s Mineral Strategy
A recent report citing industry experts suggests that Gulf countries could play a crucial role in the United States' critical…