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economic development | ASHARQ AL-AWSAT English Archive 2005 -2017
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Media ID: 55330473
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Emir of Kuwait Sheikh Sabah Al-Ahmad Al-Jaber Al Sabah, right, on January 21, 2013, in Riyadh, Saudi Arabia during the third Arab Economic, Social and Development Summit (AFP Photo/Fayez Nureldine)


Opinion: How much are the Arabs worth?

Opinion: How much are the Arabs worth?

Answering the question, “How much is the Arab region worth?” points us to statistics from the World Bank which suggest that the Arab region’s combined GDP is 2.5 trillion US dollars. This figure reflects the volume of economic activity of Arab societies, whose entire...
Media ID: 55320100
Caption:

File photo—A view of the King Abdullah Financial District in Riyadh, Saudi Arabia on October 9, 2013. (REUTERS/Faisal Al Nasser)


Public spending leads to Gulf construction boom

Public spending leads to Gulf construction boom

Jeddah, Asharq Al-Awsat—The Gulf construction sector has witnessed significant growth over the past year, primarily as a result of state-sponsored projects, economic experts informed Asharq Al-Awsat. One expert said: “The construction sector in the Gulf region has...