Economic & Business News

Diplomatic and economic sanctions to have huge impact on Qatar’s econo

(Gulfnews - 6/19/2017 1:47:00 AM)

Recent diplomatic and economic sanctions on Qatar by a group of states led by Saudi Arabia, the UAE, Bahrain, Egypt, Libya, Yemen and a few other allied countries is expected to have severe consequences on Qatar’s economy if the impasse is to continue ...

Saudization to bring new opportunities, challenges

(Saudi Gazette - 6/19/2017 1:36:00 AM)

THE Kingdom of Saudi Arabia is undergoing reforms especially within the retail sector – commercial malls’ industry, including malls’ Saudization. Among which the country will be witnessing to have all malls’ employees of the Saudi nationals. And just ...

King Abdullah Port’s new technology activates 24-hour container inspec

(Saudi Gazette - 6/19/2017 1:33:00 AM)

The Ports Development Company, the owner and developer of King Abdullah Port, has announced the completion of the building of a central operating room monitoring and linking together the X-ray customs inspection systems in the port. The room will also ...

KSA’s private wealth expected to be the highest in the GCC over next

(Saudi Gazette - 6/19/2017 1:31:00 AM)

Private wealth growth in the Kingdom of Saudi Arabia witnessed a slight increase in 2016 (3.1 percent). It continues to rank as the country with the highest private wealth in the GCC, according to a new report by The Boston Consulting Group (BCG) ...

GCC patients call for better experience from healthcare providers

(Saudi Gazette - 6/19/2017 1:29:00 AM)

Consumers across the GCC are no longer satisfied with healthcare providers just meeting their basic physical needs; 85% of respondents in the EY Report ‘What is the cure for a better patient experience in the GCC?’ believe not enough is being done to ...

Dar invites Saudi investors to take advantage of Pakistan government’s

(Saudi Gazette - 6/18/2017 8:08:00 AM)

Pakistan Finance Minister Ishaq Dar has invited Saudi investors to take advantage from opportunities and incentives being provided by Pakistan to foreign investors. He was talking to Saudi Ambassador designate to Pakistan, Commodore Nawaf Saeed Ahmed ...

Turkish fruits and vegetables exports to Qatar rise 724%

(The Peninsula - 6/18/2017 1:26:00 AM)

Turkish exports of fresh fruits and vegetables to Qatar have increased significantly in recent times, according to a statement issued by the West Mediterranean Exporters Association on Saturday. Turkey's exports of fruits and vegetables to Qatar in ...

Qatari businessmen head to Oman to discuss investment prospect in Oman

(The Peninsula - 6/18/2017 1:25:00 AM)

Qatar Chamber of Commerce and Industry (QCCI) announced today that a large delegation of Qatari businessmen will travel to the Oman on Tuesday to discuss means of enhancing trade relations between the two countries. The Qatari delegation, which includes ...

QFCA reaffirms its commitment to business and diversification

(Gulf Times - 6/18/2017 1:23:00 AM)

The Qatar Financial Centre Authority (QFCA) reaffirmed yesterday its commitment to business and diversification in response to regional developments. Echoing HE the Minister of Finance and QFC Authority chairman Ali Sherif al-Emadi, QFCA CEO Yousuf ...

Saudi’s $250 billion construction market still offer greatest potentia

(The National - 6/18/2017 1:16:00 AM)

Saudi Arabia remains the market with the greatest potential for the region’s construction industry, with more than US$250 billion worth of projects in the pipeline, according to a new report by the regional news service Meed. The kingdom has almost as ...