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This year has been painful for global stock market investors, but the last few weeks have been especially difficult after several giant US retailers such as Wal-Mart, Target, Gap and Dick’s Sporting Goods all warned of a significant slowdown in consumer spending. The explanation for the slowdown is simple — the last stimulus checks have run out. Taken together with high oil
A recent high-profile strike on an oil depot in Jeddah by Houthi rebels has underlined Saudi Arabia's military defense vulnerability — and threatens its reputation as a global investment location.
The Diriyah Gate Development Authority (DGDA) has reached an agreement with Saudi Sports for All Federation to help transform the historical Diriyah Gate and other key areas into sporting destinations, through the development of community programmes.