With the introduction of several legal and economic incentives, the healthcare sector is amongst the most attractive sectors in the Kingdom.
The world’s largest oil exporter is facing a deep recession after the COVID-19 pandemic curbed global crude demand and measures to contain the coronavirus hurt domestic activity.
Saudi Arabia’s central bank said it had prepared a 50 billion riyal ($13 billion) package to help small and medium-sized enterprises cope with the economic impacts of the coronavirus outbreak.
ACWA Power announces the signing of three new strategic agreements, potentially worth up to $2.5 billion, with The Ministry of Energy of Uzbekistan to amplify power generation and develop technical expertise.
Standard Chartered on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as profit rose 18 per cent, but set out underwhelming growth forecasts
Pakistan plans to seek a new loan of at least $6 billion from the International Monetary Fund to help the incoming government repay billions in debt due this year, citing a Pakistani official.
The economies of the UAE and Gulf countries will outpace the global forecast for 2024, helped by the domestic multi-year investment cycle in the region,