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…
Latest in Business and Economy
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…