As Saudi Arabia fights to control surging electricity demand, the government is increasingly turning to the private sector. With an 80-year history in the kingdom, General Electric’s recent $1bn of investment is starting to pay off
Donald Trump’s surprise presidential win is expected to rattle financial markets globally for some time to come, with the Middle East particularly watching to see how the contradictory, unpredictable Republican will lead the world’s most powerful country.
Egypt has been walking a tightrope since 2011, with two revolutions and continued security concerns testing what was once a stalwart economy. Fed up, Egyptians are again becoming restless as they await the impact of an imminent $12bn loan from the IMF
As Kuwait stares down its first deficit in 20 years, the Gulf state is relying on its financial sector to help navigate choppy fiscal waters. Delayed plans to privatise the Kuwait Stock Exchange are finally on the home stretch and could prove vital to the country’s recovery
Free wifi in public spaces and remotely monitoring utility use are no longer an indicator of an advanced city. Arabian Business looks at how technology is evolving just about every part of daily life – and how the UAE is leading the way.