Prince Alwaleed, Kingdom Holding invests $300 Million in Twitter
Prince Alwaleed bin Talal and Kingdom Holding Co. invested $300 million to buy a “strategic stake” in microblogging service Twitter Inc.
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...
Emirates cancels flights to Sydney, Christchurch
Due to airspace restrictions around New Zealand caused by the volcanic ash from the Mt. Cordon Caulle in Chile, Emirates’ flights EK418 and...
GCC Economic Recovery Uneven across Different Industries
“The IMF report predicts real GDP growth in MENA to pick up to 4% this year, which is significant improvement on the 3.2% it...
Non-oil Activities Reached 50% of Saudi Arabia’s Real GDP in 2023
Non-oil activities in the Kingdom recorded their highest contribution to the Real GDP during the year 2023 at 50%, which is the highest historical...
Saudi Arabia: Property Prices and Rents May Continue Weak Trend
Expats exiting the kingdom following the imposition of expat and dependent taxes; and the white land tax, are exerting downward pressure on sale...
Mid-Year Outlook 2022: Investing in the Afterglow of a Boom
After a tough start to 2022, Citi explores what may lie ahead for investors, highlighting quality and resilience in portfolios.
Citi Global Wealth Investments released...
Global Real Estate Investment Hits Record High in 2019
Global commercial real estate investment reached an all-time high of US$800 billion in 2019
Global commercial real estate investment reached an all-time high of US$800...
Twitter Calls For Public Input On Approach To World Leaders
Two years ago, Twitter explained its principles and approach to world leaders on the platform. Today, Twitter is calling for the public’s input on...
Economic Outlook Is Brightening; But Political Risks Loom Large
Chief Economists: The Economic Outlook Is Brightening But Political Risks Loom Large in 2024
82% of chief economists expect the global economy to remain stable...
Trump Suspends Immigration to the US amid Coronavirus Pandemic
US President Donald Trump said Monday that he will sign an executive order "to temporarily suspend immigration into the United States" because of the...
Saudi Arabia Triples VAT to Counter Economic Impact of Coronavirus
Saudi Arabia will increase its value-added tax, VAT, from 5 to 15 percent in July, the Finance Ministry said on Monday, as part of...
Arab Petroleum Investments Corporation Highlights Economic Opportunities, Challenges for MENA Countries...
Arab Petroleum Investments Corporation (APICORP) highlights the economic opportunities and challenges for MENA countries under COVID-19These opportunities include bringing production closer to consuming markets...
UAE Pavilion Among the Best at Milan Expo 2015
Milan Expo 2015, which is Italy’s biggest and most important event this year, opened on May 1 despite the various construction delays and scandals,...
