Business and Economy
Saudi Arabia’s New Economic Test: From Megaprojects to Measurable Returns
Saudi Arabia’s diversification agenda is moving from headline megaprojects toward financial discipline, project feasibility and measurable returns. The decisive issue is whether state-led investment can generate durable private-sector growth without…
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Gulf Economic Diversification Builds Path to Long-Term Sustainability
Gulf states are rapidly transitioning from oil-based economies toward diversified models centered on renewables, tourism,…
Saudi Arabia’s Tourism Boom Accelerates Economic Shift Beyond Oil
Saudi Arabia recorded unprecedented foreign tourism spending in 2024, reflecting its strategic focus on economic…
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…
Surge in Hospitality Projects Signals Regional Economic Recovery
The hospitality sector in the Middle East and North Africa is set for a major…
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Gulf Aviation Projects Signal Strategic Leap in Global Connectivity
The Gulf is channeling significant investment into civil aviation, with Dubai and Riyadh leading expansive airport projects that aim to…
Dubai’s Office Real Estate Boom Faces Supply Constraints Amid Soaring Demand
Dubai’s office real estate market is experiencing record-high demand and tight supply, leading to soaring rental prices and high occupancy…
Gulf Banking Sector Stability Hinges on Economic Transformation
The Gulf banking sector continues to grow, supported by high capital levels, economic diversification efforts, and strong regulatory frameworks. While…
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…