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Saudi Arabia sees 23.4% rise in FDI: GASTAT

Saudi Arabia experienced a 23.4 percent increase in foreign direct investment in the second quarter of this year compared to the previous three months, according to official data. The latest figures from the General Authority for Statistics revealed that net FDI flow reached SR11.7 billion ($3.12 billion) in the second quarter of 2024, up from […]

Saudi unemployment rate falls to 3.3% in Q2 as job market strengthens: GASTAT

Saudi Arabia’s overall unemployment rate fell to 3.3 percent in the second quarter of 2024, a 0.2 percentage point drop compared to the previous quarter, official data showed. According to data from the General Authority for Statistics, the unemployment rate also declined by 0.8 percentage points compared to the same period last year. The jobless […]

FHS World 2024: Leading the charge for sustainable hospitality practices

The Future Hospitality Summit World is returning to Dubai from Sept. 30 to Oct. 2 at Madinat Jumeirah, promising three days filled with insights, networking, and announcements for the hospitality and tourism sectors. As the largest edition to date, FHS World will gather over 1,500 industry leaders and feature more than 110 distinguished speakers, facilitating […]