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Workforce localisation will accelerate in Saudi Arabia

Location:

SAUDI ARABIA

However, more than half of employed Saudis work in the public sector, with their pay absorbing about 45% of the state budget. Increased employment of Saudi nationals in…

Emirati economic cohesion could gradually increase

Location:

UNITED ARAB EMIRATES

On November 7-8, senior Emirati officials gathered in Abu Dhabi for an annual meeting focusing on diversifying the economy, chiefly away from reliance on Abu Dhabi's oil, an…

Saudi capital spending allocations are on the rise

Location:

SAUDI ARABIA

However, because of the large surplus of 2.5% recorded in that year, Riyadh’s public debt is only about 25% of GDP, providing the government and the country’s sovereign wealth…

Saudi women's employment will boost global image

Location:

SAUDI ARABIA

In April, the Saudi defence ministry announced employment opportunities for women as well as men. These developments reflect the government’s efforts to increase women’s…

Kuwait will approve a new debt law in the medium term

Location:

KUWAIT

The government will stay on in a caretaker capacity until a new one is established. Once that happens, it is likely to return to legislation -- in limbo for almost five years…

Expats and Gulf state locals will compete for jobs

Location:

GULF STATES

As the era of high oil revenues comes to an end, the two states are planning for different economies -- with profound impacts on state-society relations and the social contract…

Foreign firms' influx will accelerate Saudi change

Location:

SAUDI ARABIA

Without this, companies will not be awarded any government contract worth more than SAR1mn (around USD220,000). To date, the government has issued 162 regional headquarters…

New Saudi airline will increase regional competition

Location:

SAUDI ARABIA

The new airline targets having 100 destinations by 2030, generating more than 200,000 employment opportunities and adding USD20bn to non-oil GDP growth.

Data centres face multiple regulatory pressures

Location:

INTERNATIONAL

Outsourced data centres, including the massive ones that support public and private cloud and edge computing services, are now critical to nearly every business, educational…

Near-term manufacturing prospects are subdued

Location:

INTERNATIONAL

Downside risks weigh heavily on the outlook, with global demand slowing and supply chain disruption ongoing. However, moderating commodity prices, the alleviation of logistics…