Economy & Trade

Manufacturing Sector Contributes 2.1% to Saudi Industrial Growth

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The Industrial Production Index (IPI) in Saudi Arabia rose by 2.1 percent year-on-year in December 2024, driven by strong manufacturing activity and waste management services.

Gulf Cities Rank Among the Safest in the World, Numbeo Report Reveals

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Gulf cities continue to set global benchmarks for safety and security, including Abu Dhabi, Ajman, Dubai, Sharjah, and Ras al-Khaimah (UAE); Doha (Qatar); and Muscat (Oman).

Saudi Arabia vs UAE for Regional HQs: Strategic FDI Trends in the Gulf

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Discover how Saudi Arabia’s bold reforms and incentives are reshaping FDI, attracting regional HQs, while the UAE remains a stable, globally connected hub. Compare investment opportunities and strategic advantages in the Gulf.

GCC Ports: Key Pillars of Global Trade and Maritime Connectivity

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GCC ports are among the world’s most efficient, with 10 featured in the top 70 globally in 2024, according to a study of 405 ports by GCC-Stat.

Kenya Partners with UAE to Extend Standard Gauge Railway, Boost Regional Connectivity

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Kenya plans to boost regional trade and mobility by partnering with the UAE to extend its Standard Gauge Railway to Uganda and South Sudan.

Egypt-UAE: PM Madbouly Meets Emirati Ministers to Review Strategic Projects

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A focal point of the UAE-Egypt discussions was the Ras El-Hekma project, a high-profile strategic development zone located on Egypt’s northwestern coast.

Transforming UAE Travel: Etihad Rail’s High-Speed Train Plans

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Etihad Rail’s plans for its first high-speed, all-electric passenger train promises a travel time of just 30 minutes between Abu Dhabi and Dubai.

Oman-India CEPA Talks Likely to Gain Momentum as Piyush Goyal Visits Muscat

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India-Oman CEPA talks advanced during Commerce Minister Piyush Goyal’s visit to Muscat from January 27-28, which also saw the signing of a DTAA amendment protocol.

UAE Breaks Ground with World’s First 24/7 Solar PV and Battery Storage Gigascale Project

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The UAE will launch the world’s first round-the-clock solar photovoltaic (PV) and battery storage gigascale project in Abu Dhabi.

ESG Sukuk to Cross US$50 Billion in 2025, Key Funding Tool in Emerging Markets

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ESG sukuk is a key dollar funding tool in Islamic finance markets, particularly in Saudi Arabia, the UAE, Indonesia, and Malaysia. Fitch Ratings projects the global sukuk market to surpass US$50 billion outstanding in 2025.

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