RIYADH: Saudi Arabia’s economic growth is expected to outpace the global average in 2025 according to the latest International Monetary Fund study. The IMF’s World Economic Outlook update puts the Kingdom’s output increase at 4.7 percent next year – above the 3.3 percent forecast for the planet as a whole. The figure for Saudi Arabia … Read more
ABU DHABI: The UAE is considering building a second nuclear power plant to meet the growing demand for electricity in the Gulf state, a government official told Reuters. The country of some 10 million people has become a proponent of nuclear power, a low-carbon energy source, as it seeks to diversify its economy and attract … Read more
RIYADH: Tourist spending in Saudi Arabia reached approximately SR150 billion ($40 billion), reflecting a 10 percent increase in both traveler numbers and expenditure compared to last year, as revealed by a top minister. At a conference convened to review the 2024 summer tourism program, the Kingdom’s Minister of Tourism Ahmed Al-Khateeb said that his country … Read more
RIYADH: Saudi Arabia’s economic growth is expected to outpace the global average in 2025 according to the latest International Monetary Fund study. The IMF’s World Economic Outlook update puts the Kingdom’s output increase at 4.7 percent next year – above the 3.3 percent forecast for the planet as a whole. The figure for Saudi Arabia … Read more
RIYADH: Saudi Arabia’s economic growth is expected to outpace the global average in 2025 according to the latest International Monetary Fund study. The IMF’s World Economic Outlook update puts the Kingdom’s output increase at 4.7 percent next year – above the 3.3 percent forecast for the planet as a whole. The figure for Saudi Arabia … Read more
RIYADH: Tourist spending in Saudi Arabia reached approximately SR150 billion ($40 billion), reflecting a 10 percent increase in both traveler numbers and expenditure compared to last year, as revealed by a top minister. At a conference convened to review the 2024 summer tourism program, the Kingdom’s Minister of Tourism Ahmed Al-Khateeb said that his country … Read more
RIYADH: Saudi Arabia’s economic growth is expected to outpace the global average in 2025 according to the latest International Monetary Fund study. The IMF’s World Economic Outlook update puts the Kingdom’s output increase at 4.7 percent next year – above the 3.3 percent forecast for the planet as a whole. The figure for Saudi Arabia … Read more
RIYADH: Saudi Arabia’s economic growth is expected to outpace the global average in 2025 according to the latest International Monetary Fund study. The IMF’s World Economic Outlook update puts the Kingdom’s output increase at 4.7 percent next year – above the 3.3 percent forecast for the planet as a whole. The figure for Saudi Arabia … Read more
RIYADH: Saudi Arabia’s economic growth is expected to outpace the global average in 2025 according to the latest International Monetary Fund study. The IMF’s World Economic Outlook update puts the Kingdom’s output increase at 4.7 percent next year – above the 3.3 percent forecast for the planet as a whole. The figure for Saudi Arabia … Read more
RIYADH: Egypt’s budget recorded a preliminary surplus of 875 billion Egyptian pounds ($18.14 billion) for the fiscal year 2023/2024, compared to 164 billion during the previous period, a top official revealed. During a Cabinet meeting chaired by Egypt’s Prime Minister Mostafa Madbouly, Minister of Finance Ahmed Kouchouk highlighted that this improvement came despite economic activity shocks. … Read more