Despite a 12.39% decline in net profit in 2024, Saudi Aramco remains one of the world's most profitable companies, maintaining its leadership ...

Gulf Economic Diversification Builds Path to Long-Term Sustainability Gulf states are rapidly transitioning from oil-based economies toward diversified models centered on renewables, tourism, ...

By Samia Milhem Since 2019, the World Bank has been actively working with Saudi authorities to enhance the country’s digital sector, a collaboration that continues as the adoption and use of ...

Ten Arab countries have seen varying economic impacts from the U.S. tariff war initiated under Donald Trump. While some nations have increased exports and widened trade surpluses, others have faced ...

Global electricity demand is surging, driven by electrification and data centers, yet oil remains integral to the energy mix. While renewables gain momentum, economic and geopolitical factors, ...

Lebanon anticipates an economic revival driven by the return of Gulf tourists, with potential benefits for the hospitality and real estate sectors, though major infrastructure deficiencies may limit ...

Oman and Russia are deepening their bilateral ties through strategic agreements and economic cooperation, particularly in energy and trade sectors. This partnership reflects both nations' adaptive ...

Egypt is advancing a comprehensive clean energy strategy, combining renewable and nuclear projects to modernize its economy, enhance energy independence, and boost exports. The Al-Dabaa nuclear plant ...

OPEC+ on the Brink: Structural Pressures Undermine Oil Pact Stability The global oil market is undergoing a structural transformation. Rising electric vehicle adoption, increasing output in the ...

Qatar continues to solidify its position as a regional hub for digital innovation, leveraging artificial intelligence (AI) as a driving force for economic transformation. The country’s investments ...

Прогноз МВФ основан на данных о восстановлении деловой активности, высоких ценах на нефть, способствующих достижению профицита бюджета, а также ожидании, что инфляционное давление будет постепенно ...

Saudi Arabia and the United States reaffirmed their long-standing defense partnership during a high-profile visit by Saudi Defense Minister Prince Khalid bin Salman to Washington. The visit, which ...