Business and Economy

Arab and Chinese Capital Reconsiders Europe Amid Asset Freeze Fallout

The EU's indefinite freeze of Russian sovereign assets has caused Arab and Chinese investors to question Europe's reliability as a long-term investment destination. The political use of financial tools is…

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Arab Economies Under Pressure from U.S. Tariff War

Ten Arab countries have seen varying economic impacts from the U.S. tariff war initiated under Donald Trump. While some nations…

Gulf States Grapple with $7 Billion in Annual Food Waste

Gulf countries waste up to $7 billion annually on food, driven by overstocking, poor inventory practices, and inefficiencies in the…

Diamond Market Seeks Stability Amid Sanctions and Structural Change

The global diamond market begins stabilising amid production cuts and demand shifts, though sanctions, consumer trends, and regulatory gaps complicate…

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…