Category Archives: Economy

All You Need to Know About These Major Projects in Saudi Arabia

All You Need to Know About These Major Projects in Saudi Arabia

Furthering efforts to reduce reliance on the oil and gas sector for economic growth as part of Vision 2030, Saudi Arabia recently announced a comprehensive infrastructure program. This program is designed to attract roughly $426 billion in foreign investments by 2030. It also aims to create a range of new industries and add more than… Continue Reading

Everything You Need to Know about UAE’s Hyperloop

Everything You Need to Know about UAE’s Hyperloop

Transportation options in the Middle East have been increasing in recent years, and there are plans for further expansion in multiple countries. The United Arab Emirates (UAE), in particular, is investing heavily in its transportation infrastructure. By 2021, the Gulf Cooperation Council Railway project is expected to link the country to Saudi Arabia, Oman, and… Continue Reading

What You Need to Know about Infrastructure Projects in Lebanon

What You Need to Know about Infrastructure Projects in Lebanon

Once a prominent banking hub in the Middle East, Lebanon sustained heavy damage to its infrastructure following decades of political and social unrest. In the early 2000s, a host of countries gathered on multiple occasions at international donor conferences to pledge support for Lebanon. Recently, the CEDRE conference in April 2018 drew representatives from 51… Continue Reading