Economy

Saudi Arabia ramps up agricultural output with $10bn inflow to private sector FDI

Saudi Arabia secures $9.8B private investment to drive agriculture growth under Vision 2030, with tech and sustainability focus. Incentives like loans and infrastructure improvements will enhance food security in the Kingdom.

Financiers flock to Riyadh for ‘Davos in the Desert’ FII conference

Financiers will gather in Riyadh from October 29 to 31 for Saudi Arabia's 8th Future Investment Initiative. Vision 2030 needs urgent foreign investment amidst tighter budgets, as Saudi eyes foreign investment.

UAE mosques to install EV charging stations in governmental clean energy project

UAE mosques will soon have EV charging stations as part of a new energy efficiency project. The initiative supports the country’s green mobility and sustainability goals.

Dubai’s aviation industry set to add $53 billion to GDP by 2030

Dubai’s aviation sector will contribute nearly one-third of GDP by 2030 but faces hurdles due to Boeing’s aircraft delays. Emirates is scaling up Airbus orders to meet demand.

UAE tops MENA bond market growth, drives sustainable investments: LSE Deputy CEO

LSE Deputy CEO highlights the UAE's dominance in MENA bond markets, driven by its leadership in sustainable investments. Strategic partnerships are key to this success, propelling growth in infrastructure and green finance sectors.

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