King Abdullah Economic City, the Kingdom’s mega project, is shifting focus to become a local tourism hub from its initial plans of being a financial centre.
Qatar’s central bank chief Sheikh Abdullah said future sales of government bonds with longer maturities would depend on both liquidity conditions and investor demand.
Experts say that the Gulf’s efforts in building up its financial resources on the back of high oil prices as a defence against regional instability is paying off.
Saudi health sources and international virologists have highlighted poor communication, lack of accountability and inadequate state oversight in the Kingdom.
After being hit hard by the Arab Spring and the Syrian civil war, the Middle East’s troubled tourism markets are fighting back even as political hurdles remain.
The UAE’s strong economy and job opportunities attracts expatriates, writes Dr Claire Moxham, director of studies, online management programmes at the University of Liverpool.
Large fees being charged by the UAE’s TV providers to watch the football World Cup are not going to encourage interest in the tournament, says Robert Anderson.