Kuwait-Saudi Arabia rail link to commence in 2026
Work is underway on the initial design of a ground-breaking railway project linking Kuwait and Saudi Arabia, aimed at transporting passengers and goods. The move follows the approval from the…
Dubai Airport sees record numbers as tourism continues to skyrocket
Dubai International Airport saw a record 44.9 million travelers pass through its cavernous terminals in the first half of this year, putting the world's busiest airport for international travel back…
Emirates debuts stunning new cabin on Geneva-bound 777
Emirates has revealed a new look for its Boeing 777 aircraft ahead of its first flight. The first nose-to-tail cabin refresh has completely revamped the business class and premium economy…
Oracle launches 2nd public cloud region in Saudi Arabia, bolstering the Kingdom’s AI economy
Technology firm Oracle Corp. has launched its second public cloud region in Riyadh as part of a $1.5 billion investment to enhance Saudi Arabia’s digital infrastructure. The Riyadh cloud region…
Did ancient Egyptians use surgery to treat brain cancer?
Ancient Egyptians may have tried to treat cancer with surgery more than 4,000 years ago, a study has revealed. The findings were published in May in the journal Frontiers in…
Saudi Arabia’s top banks see 17% earnings surge to $5.2bn in Q2
Saudi Arabia’s top 10 listed banks saw an annual surge in earnings of 17 percent in the second quarter of 2024, to reach SR19.54 billion ($5.21 billion). According to data…
153,000 Saudis secure private sector jobs in first half of 2024
Director General of the Human Resources Development Fund Turki bin Abdullah Al-Jawini said that the fund has assisted more than 153,000 Saudi men and women in securing employment in the…
Most Gulf markets rebound as Fed calms investor nerves
Most stock markets in the Gulf rebounded on Tuesday as comments from the Federal Reserve officials soothed investor nerves, following the previous session's global sell-off on fears of a possible…
Egypt posts 6.1% primary budget surplus for 2023/24
Egypt achieved a primary budget surplus of 6.1 percent in the fiscal year 2023/24, bolstered by a landmark sale of coastal land to the UAE, said the country’s finance minister.…
Saudi Aramco to pay record dividends despite dip in profits
Saudi Arabia’s state-owned oil company is on track to grow its dividends by 30% this year to a new high of $124bn (£98bn) despite reporting weaker profits in the last…