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RIYADH: China is likely to benefit from the Middle East’s sovereign funds, as their investment capital is forecast to reach $10 trillion by 2030, according to the CEO of the Hong Kong Stock Exchanges and Clearing Ltd. Speaking on the second day of the 10th Arab-China Business Conference, Nicolas Aguzin, predicted regional sovereign funds’ resources to swell by 150 percent, up
GAZA: Graffiti artists in Gaza have painted murals on the remains of houses destroyed in an Israeli missile strike during cross-border fighting in May. On one wall the artists depicted a woman holding her son. On another a boy is painted with tears in his eyes. A third shows a girl, seen through a mirror, combing her hair. A painting drawn by artists is seen at a house
RIYADH: Saudi Arabia’s King Abdullah Economic City is set to feature a luxury resort on the shoreline of the Red Sea as the Kingdom’s upcoming manufacturing and logistics hub is ramping up its hospitality offerings to attract various business operations. KAEC signed an agreement with Vivienda, a Saudi hospitality brand owned by the Forus Real Estate Investment and Development
RIYADH: Jordan is eyeing new projects worth 1.8 billion Jordanian dinars ($2.5 billion) between 2023 and 2026 in Saudi Arabia and other countries as part of its investment promotion strategy, stated an official document released on Monday. While quoting the document, the Arabic daily Alghad said the target was the outcome of the Jordanian Investment Council’s approval of the
PARIS: A landmark two-day business event showcasing opportunities for commercial partnerships between France and the Gulf states begins in Paris on Tuesday. Vision Golfe is a new platform promoting business cooperation in high-growth potential markets in both private and public sectors, such as trade, sports, culture, energy and the environment. Key economic players,