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Saudi Crown Prince Launches Master Plan for New Abha International Airport

New Abha International Airport Master Plan Launched

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development...

Fans around world take to their mats for first International Yoga...

Millions of yoga enthusiasts stretch and twist in unison across the world this Sunday to mark the first International Yoga Day. Thousands of people dressed...

Paul McCartney 2012 MusiCares Person of the Year

Grammys weekend kicked off in full force on Friday night, with Paul McCartney being honored as the 2012 MusiCares Person of the Year.

GCC States in transition to Gulf Union

The leaders of the member states in the Gulf Cooperation Council(GCC) have welcomed and graced a proposal made by King of Saudi Arabia for transition from the phase of cooperation to the phase of Union.

Global Economy Set to Grow 3.2 Percent in 2018

The global economy will expand 3.2 percent in 2018, matching the rate of growth achieved in 2017 and marking the first time since 2011...

World Day for Decent Work: Pay People a Decent Wage

This year marks the 10th World Day for Decent Work on October 7. A day when working people and their unions, backed by community...

Shorter Workweek Plea Continue – Pros and Cons

About two months ago, billionaire and world’s second wealthiest person Carlos Slim, shared his view that governments should reduce the workweek from five to...

Passport Power Ranking Records Widest Ever Gap in Travel Freedom

The latest results and research from the Henley Passport Index show how proliferating barriers to entry over the past 18 months of the pandemic have resulted in the...

Global house prices static in Q1 of 2012

Europe's woes hit global house prices The Knight Frank Global House Price Index recorded its weakest annual performance since the depths of the recession in...

Global economy will grow faster in 2014, writes Nouriel Roubini

The global economy had another difficult year in 2013. The advanced economies’ below-trend growth continued, with output rising at an average annual rate of...

Middle East carriers expected to post lower profits in 2012

Middle East carriers are expected to post a $300 million profit, less than half the previously forecast $700 million profit, as long-haul market conditions deteriorate, in particular those linked to the weak European economies.

Internet economy to hit $4.2 trillion by 2016: study

 Online business is playing an increasingly powerful role in national economies and is projected to account for $4.2 trillion of the Group of 20...

Capitalism needs a Redesign

Capitalism needs to serve society better, business, banking, labour and academic leaders agreed in a lively debate on opening day of World Economic Forum

Business Confidence in Middle East Continues to Fall

Global economic confidence has improved slightly this quarter, despite lagging confidence in the Middle East and the Americas. According to the latest Global Economic Conditions...

Capitalism Collapse? Occupy Wall Street!

The collective voices of American dissent has manifested into a movement impossible to ignore. "Occupy Wall Street" began in the world's financial capital, but...

What is Fiscal Cliff? Everything You Need To Know

Recently a popular term in world news, the fiscal cliff is very much discussed and feared by portfolio managers and investors. What does the fiscal...

Generous billionaires was easier to find before the recession

Lists of the world’s wealthiest people have become a common sight on the web. Readers get bombarded by information about large figures and luxury...

IMF backs bond-buying plan to help European debt crisis

The International Monetary Fund strongly backed the European Central Bank's plan to easy the European debt crisis with unlimited bond purchases, IMF Managing Director Christine...

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