ACWA Power signs $800m water purchase agreement with Senegal

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RIYADH: Saudi Arabia is emerging as a proactive leader, pioneering green initiatives to mitigate economic challenges posed by the transformation toward sustainability, according to the International Monetary Fund. A recent report by the IMF highlighted the intricate dynamics at play and underscored the Gulf Cooperation Council and Saudi Arabia’s strategic positioning in this evolving scenario. … Read more

Egypt raises $800m from hotels in divestment drive, PM Mostafa Madbouly reveals

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RIYADH: Qatar’s Industrial Production Index experienced an uptick in the third quarter of 2023 to reach 105.08 points, marking a 1.7 percent increase from the previous quarter, according to official data.    The latest report released by Qatar’s Planning and Statistics Authority showed that the IPI rose by 0.8 percent compared to the same three-month period in … Read more