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Economy news in the Middle East | Page 2
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The New Silk Road means big opportunities for Asia and MENA
The ‘New Silk Road’ – encompassing Asia, the Middle East, and North Africa – is home to a population of 4.9 billion people and represents more than 40% of the global economy.
17 May 2024
Human capital development as a catalyst for progress in KSA
Recognizing the pivotal role people play in socio-economic transformation, Saudi Arabia has made human capital development a cornerstone of its Vision 2030 strategy.
16 May 2024
Unlocking FDI potential in growth markets with RWA tokenization
Foreign direct investment (FDI) is a driving force behind economic growth.
07 May 2024
Saudi Arabia's food industry: A path to economic growth
One of the key pillars of Saudi Arabia’s economic development agenda, the Kingdom’s food and agriculture sector is rapidly expanding.
28 February 2024
Saudi Arabia: A promising destination for foreign investors
Saudi Arabia's continued journey towards economic growth presents unparalleled opportunities for investors worldwide.
15 February 2024
CEOs in the Middle East most positive in the world
CEOs in the Middle East have a generally positive outlook on the economy, which is reflected in confidence for regional growth and aspirations in the company’s own path.
01 February 2024
CEOs report greater rate of change - and expect more in 2024
Business leaders faced an all-time high rate of change in 2023 – and a majority of them expect that will likely continue this year.
22 January 2024
WEF and McKinsey launch the Global Cooperation Barometer
The world’s cohesion is under pressure, marked by the number of wars and (economic) conflicts.
17 January 2024
Whiteshield analysis reveals the world's most resilient labour markets
International advisory firm Whiteshield has unveiled the Global Labour Resilience Index 2024, a yearly report on the resilience of labour markets worldwide.
17 January 2024
Middle East CEOs most optimistic on company growth and economy
Eight in ten CEOs in the Middle East are optimistic on the economic prospects for their companies in 2024 and an even large group is optimistic about the overall economy.
16 January 2024
Saudi Arabia joins $1 trillion club and is now 19th economy worldwide
The economy of Saudi Arabia has seen its GDP break through the magical $1 trillion barrier for the first time in its 91-year history.
27 December 2023
Investing in green energy projects could double GDP growth of Gulf
The GDP of the Gulf countries could increase by more than double by 2050 if the oil-rich countries move to embrace a green growth strategy.
20 December 2023
UAE, Qatar and KSA lead the Arab world in trade resilience
The UAE, Qatar, and Saudi Arabia are among the hardiest economies in the Arab world when it comes to trade and the myriad risks and uncertainties that can cause issues up and down the supply chain.
15 December 2023
Cost of living in major Middle East cities skyrockets
Most major cities in the Middle East are more expensive to live in for international employees, according to a global cost-of-living ranking from consulting firm Mercer.
12 December 2023
Whiteshield launches the Global Trade Resilience Index
Whiteshield, a public policy and strategy advisory, has launched the inaugural edition of its Global Trade Resilience Index 2023, shedding light on which economies are the most resilient to external
08 December 2023
Substantial progress booked at half-way mark of Vision 2030
In PwC’s latest report on Saudi Arabia’s progress towards Vision 2030, researchers look at where the Kingdom stands on key economic and non-economic objectives, as the country hits the half-way mark
02 December 2023
Doha, Riyadh, Abu Dhabi, Muscat and Manama jump in Cities Index
Global management consulting Kearney has released the 2023 edition of its annual ‘Global Cities Index’, with the capitals of the Qatar, Saudi Arabia, the UAE, Oman and Bahrain among the largest growe
15 November 2023
The Middle East's 20 most valuable brands | companies
International research from Brand Finance has shed light into the Middle East’s largest companies in terms of brand value, with the top 20 brands in the region worth a combined $140 billion.
08 November 2023
Halfway Vision 2030, Saudi Arabia seems on track to hit key goals
With Saudi Arabia half way to the end date of its ambitious Saudi Vision 2030 goals, the country now appears to be on track to meet the targets, which include economic, social, and cultural diversifi
03 November 2023
Five trends driving transformative change in the next decade
Accenture has released the 2024-edition of its ‘Life Trends’ report, an annual exploration into the foremost trends shaping economy, society, and people in the next decade.
01 November 2023
Asset management sector sees wealth base grow but profits dip
Despite global economic headwinds, the Middle East’s asset management industry has grown by $100 billion to over $1.3 trillion, according to a report by Boston Consulting Group.
24 October 2023
Middle East cities pricier for expats, finds cost of living index
International employees in the Middle East are finding life is more expensive, as inflation continues to affect regions around the world.
25 September 2023
GCC business leaders forecast more financial distress ahead
Seven out of ten CEOs and business leaders in the Gulf Cooperation Council (GCC) believe there will be more businesses experiencing financial distress in the next 12 months.
11 September 2023
BRICS enlargement: Five impacts on the aviation sector
The nearing admission of Saudi Arabia and the United Arab Emirates into the BRICS alliance is a significant milestone in the global geopolitical landscape and is set to open up opportunities across s
28 August 2023
Further adoption of AI can add $150 billion to GCC economies
More use of AI in business functions could unlock untapped value of at least $150 billion to the Gulf Cooperation Council (GCC) economies.
23 August 2023
Majority of Saudi CEOs confident about KSA's future growth
Most CEOs in Saudi Arabia feel positive about the country's economy in the next three years, despite challenges like inflation and geopolitical tensions.
06 July 2023
GCC countries making headway against shadow economy
Bringing informal businesses into the formal economy will continue to be a huge driver of growth in Gulf Cooperation Council (GCC) countries.
28 June 2023
Supporting the growth and scaling of small businesses in the GCC
In the countries of the Gulf Cooperation Council (GCC), small and medium-sized enterprises (SMEs) make up about 90% of all businesses.
02 June 2023
Financial distress in the GCC on the rise, finds Alvarez & Marsal
Business leaders across the Gulf Cooperation Council (GCC) region are expecting more pressure to transform or restructure their businesses in a market likely to turn volatile in the short term.
27 May 2023
Economic integration a $230 billion GDP opportunity for Middle East
The private sector in the Middle East needs to take a more proactive and assertive approach in order to drive growth.
11 May 2023
Gulf countries are most attractive emerging markets for investors
A majority of investors worldwide plan to boost their foreign direct investment (FDI) over the next three years despite discouraging factors like inflation and war.
02 May 2023
GCC bilateral trade with Asia to surpass advanced economies by 2028
According to new research by UK-based think tank Asia House, two-way trade between the GCC and Asian markets will grow at almost 6% per year over the next decade, in the process seeing the East surpa
01 March 2023
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