Tag: Saudi Arabia

entertainment

Saudi Arabia: Opening Up to Entertainment

Widespread reform in Saudi Arabia is opening up lucrative investment opportunities in the kingdom’s underdeveloped media and entertainment sector. Saudi Arabia’s debut at the Cannes Film Festival, coupled with moves to expand the number of cinemas and promote local filmmaking,…

gcc

Luxury Travelers from GCC Outbound Market Set to Increase in 2018

The GCC is home to a vast number of nationalities and hence their preferences, tastes, the idea of an experience and values are so diverse. However, when it comes to outbound travel from the region, there appears to be focus…

Saudi Arabia

Venture Explains: NEOM

As part of its drive to reduce its overwhelming dependence on oil exports, Saudi Arabia is planning to build NEOM, a $500 billion, 26,500 square kilometer business zone and industrial site. How will it operate? It will be powered entirely by…

Regional Online Transactions Up 22 Percent in 2016 – Payfort

The Middle East saw an overall 22 percent increase in online transactions during 2016, according to a new report from online payment service PayFort. The fourth State of Payments in the Arab World report found growth was strongest in Saudi…

refugee crisis

Countdown to NEOM

Saudi Arabia’s planned $500 billion NEOM mega-city could easily become one of the most important economic development projects in the MENA region. And Jordan would have an important part in making it a success. The wildly ambitious NEOM business and…

Young People Need Jobs, and So Do Their Parents

Young People Need Jobs, and So Do Their Parents

Efforts to get young people into work should come as part of a wider package of macroeconomic policies. By Mary Kawar and Zafiris Tzannatos The conclusion of yet another successful World Economic Forum in the context of this year’s timely…

refugee crisis

What Must Be Done

Economy of Jordan State When it comes to grappling with the perilous state of Jordan’s economy, there are many factors which are out of the government’s control. But there are modest steps it can immediately take to set the country…

iMENA

iMENA: What it Takes to Stay Ahead in Tech

Since it was set up in 2009, the iMENA Group has invested in and operated a diverse array of online and mobile businesses. Some of these ventures have gone on to become household names around the region, such as online…

Insurance

Solidarity: Insuring Tomorrow

First Insurance was established in 2007 with a paid up capital of JD28 million. The company entered an already crowded market that was ripe for consolidation. This finally happened last year, when First Insurance absorbed rival Yarmouk Insurance, to become…