Global growth rate slows to 2.6% in 2024 amid uneven recovery: UNCTAD

JEDDAH: In the heart of Saudi Arabia, amidst the towering skylines of Riyadh, Jeddah and Dammam that have long symbolized the nation’s economic strength, a new narrative is taking shape. It is a story of decentralized development, where attention is shifting away from the bright lights of the cities to the lesser-explored corners of the … Read more

Oil Updates – crude falls as China’s economic recovery disappoints, dollar strengthens

Saudi developer Red Sea Global celebrates 2023 achievements and sets out 2024 goals RIYADH: By the end of 2023, Saudi developer Red Sea Global had established 21 subsidiaries and celebrated several landmarks, the Saudi Press Agency reported on Tuesday. This helped cement its position as one of the fastest-growing businesses in the Kingdom and a … Read more