Business and Economy
The Gulf Has the Capital for the AI Boom. But Does It Have the Power?
The Gulf’s AI infrastructure push could create a new digital comparative advantage based on capital, energy and speed. Its success, however, will depend on overcoming grid, cooling, water, chip-supply and…
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Stablecoins and the Future of the Dollar: U.S. Strategy Amid Global Shifts
Stablecoins are emerging as strategic tools for the U.S. to preserve the dollar's global dominance…
Saudi Sovereign Fund Eyes Europe Amid Diversification Push
Saudi Arabia's Public Investment Fund is expanding its European portfolio as part of a broader…
Lebanon Eyes Economic Revival Amid Gulf Tourism Comeback
Lebanon anticipates an economic revival driven by the return of Gulf tourists, with potential benefits…
Saudi-American Arms Deal Signals Strategic Shift Amid Regional Realignment
Saudi Arabia has signed a $3.5 billion arms deal with the United States, signaling deeper…
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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…