Digitisation, resiliency and sustainability are key pillars of the emirate’s growth, panellists at Investopia agreed
diversified economy
Latest in diversified economy
Abu Dhabi economy
UAE’s GDP forecast to grow to $460bn in 2019
International Monetary Fund says growth reflects economic diversification efforts made by the country
diversified economy
Saudi private sector growth ‘weakest on record’ so far in 2018
Emirates NBD survey shows that Saudi Arabia’s private sector is growing at slowest rate
diversified economy
Why the Women’s Leadership Forum in Saudi Arabia this year is important
With the Women in Leadership Economic Forum taking place in Saudi Arabia for the first time ever on March 19-20, the forum’s founder, Sophie Le Ray, explains why this this such an important step for empowering women in the region.
Al Wahbah crater
‘White oil’: how Saudi Arabia is seeking place on tourism map
Saudi Arabia will soon begin issuing tourist visas, opening up one of the last frontiers of global tourism
Diversification
Fourth Industrial Revolution to add $266bn to Saudi economy, says A.T. Kearney
Summit participants discussed the kingdom’s efforts to diversify its economy away from a reliance on oil, and focus on strengthening sectors such as technology
diversified economy
Economic outlook improving across GCC, says UBS
Further economic reforms required but recovering oil prices have helped boost regional GDP outlook in 2018
businesses
Opinion: VAT is a big move towards GCC economic diversification
Vijay Soni, tax and finance expert, gives his views on value added tax and its impact on the Gulf region
Crown Prince Mohammed bin Salman
Is Neom the answer to Saudi Arabia’s post-oil economy?
In terms of ambition it is unsurpassed: a $500bn city that straddles three countries, powered entirely by renewable energy, running on AI technology, and contributing $100bn to the kingdom’s GDP by 2030
Ccommercial courts
Saudi Arabia unveils commercial courts in three cities
Authorities hope the specialised courts will encourage investment as part of Saudi Vision 2030 initiative