RIYADH: Transport, tourism and logistics are set to help the Gulf Cooperation Council region secure gross domestic product growth far above the lobal average, economists have told Arab News. Experts believe that a focus on non-oil trade by GCC governments is helping countries display economic resilience in the face of global disruptions, such as the conflict … Read more
RIYADH: Saudi Arabia’s insurance industry is projected to experience a compound annual growth rate of 5.2 percent until 2028, reaching SR83.7 billion ($22 billion), a study showed. This growth, up from the current SR68.3 billion in 2024, is primarily driven by the health and motor segments, which together will account for 86 percent of the … Read more
RIYADH: Saudi Arabia plans to stimulate urban policies to ensure coordinated services for residents by 2025 as part of its efforts to boost quality of life, says top minister. Speaking during the opening remarks of the first Global Smart City Forum held in Riyadh, the Kingdom’s Minister of Municipal and Rural Affairs and Housing Majid … Read more