Business & Management

Saudi Arabia’s non-oil sector set to boost as mega projects lined up

jeddah towerSaudi Arabia’s non-oil sector is set for a further boost as the kingdom’s economic reforms pay dividends and work begins on a raft of mega projects, according to a report

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Sharaka platform linked to Abu Dhabi government’s TAMM

abudhabiThe Abu Dhabi Council for Economic Development (ADCED) has linked its ‘Sharaka’ initiative to the Abu Dhabi government’s services system (TAMM), as part of the continuing efforts to improve the government’s smart services, enhance its partnership with the private sector, and build a flourishing local business environment

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Saudi Arabia sees first budget surplus in five years

riyadh budgetSaudi Arabia has achieved its first budget surplus since 2014, at about US$7.41bn in Q1, the kingdom’s minister of finance said

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IFC and Ureed to boost economic opportunities for women in MENA

mena womenThe International Finance Corporation (IFC), member of the World Bank Group, has signed an MoU agreement with the Middle East’s linguistic service provider Ureed, aiming to increase economic and employment opportunities for women in Lebanon and Jordan

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Middle East economy to witness 3.5 per cent growth in 2019

ME economyMiddle East economy is expected to grow in 2019 by around 3.5 per cent amid global slowdown, according to the Global Economic Conditions Survey (GECS) 

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