Mohammed Al-Jadaan, Minister of Finance and Chair of the International Monetary and Financial Committee (IMFC), said that the global economy is demonstrating remarkable resilience and continues to grow despite challenge. Most GCC countries have implemented structural reforms that helped them...
Governor of the Saudi Central Bank (SAMA), Ayman Al-Sayari, said future opportunities may arise to explore potential areas of cooperation and exchange expertise with China on developments in regional payment systems. Al-Sayari made the remarks during a joint meeting between the governors of...
Foreign exchange is the largest financial market in the world, with global daily turnover reaching USD 9.6 trillion in April 2025, according to the Bank for International Settlements Triennial Survey, a jump of 28% from 2022. For UAE residents and businesses, some exposure to this market is often...
Dubai - The BRICS+ Fashion Summit, an international fashion business forum of fast-growing economies, has concluded in Moscow. The Summit brought together representatives from over 60 countries, with manufacturers, retailers, investors and heads of fashion associations from Asia, Africa, Latin...
Financial Times’ fDi Intelligence ranks Kyrgyzstan’s new financial jurisdiction second worldwide among newly established free zones Issyk-Kul, Kyrgyzstan – Tamchy Special Financial Investment Territory (SFIT) has ranked first in Asia-Pacific and second globally in the Rising Star...
Written BY: M. Abdullah A business can have customers, growing revenue and even report a profit while still running into serious financial trouble. That sounds contradictory, but profitability is only one part of financial health. Businesses need enough available cash to pay...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said structural and fiscal reforms implemented by Saudi Arabia and the GCC countries in the recent years have helped build economic and fiscal buffers that are clearly paying off amid current shocks. Speaking on the...
Minister of Finance Mohammed Al-Jadaan said Saudi Arabia helped ensure the continued flow of energy supplies and trade amid uncertainty, thanks to its investments in alternative transit and supply routes. Addressing the third meeting of the G20 Finance Ministers and Central Bank Governors,...
The International Society of Automation (ISA) Saudi Arabia Section hosted ISA Saudi Automation Conference 2026, held from October 12-14 at the prestigious Kempinski Al Othman Hotel in Al Khobar, concluded with resounding success with 800+ attendees, 33+ exhibition booths, 20+ sponsors, 50+...
To accelerate the next phase of its growth, ZainTECH, the integrated digital solutions arm of Zain Group, has evolved its brand promise to ‘What’s next is now,’ reflecting the meaningful business outcomes it delivers to more than 1,600 organizations and government customers through its...