Business & Management

Moody's expects Saudi spending cuts to slow non-hydrocarbon GDP growth

MBS 1Rating agency Moody's said that Saudi Arabia's efforts to reign in spending would slow the growth of its non-hydrocarbon sector, seen as an important step in diversifying the economy away from oil revenues

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MENA fintech sector to attract US$2.5bn in deals by 2022, study finds

FintechThe current MENA fintech market is estimated at US$2bn and expected to witness an annual growth of US$125mn until 2022, according to MENA Research Partners (MRP), who added that increasingly compelling business models of fintech are expected to drive the market growth further

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Saudi crown prince visits France to strengthen bilateral ties

ssslllWith Saudi Arabia’s crown prince Mohammed bin Salman’s visit to France, both the countries look forward to build bilateral trade relations to strengthen security, economy and business between them

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‘ICT expansion and transport upgrades reshape Bahrain’s economy’

Bahrain ICTBahrain has focused on ICT and infrastructure development to drive economic growth, a move that helped the country to make 2017 a record year for inward investment, according to a new report by Oxford Business Group (OBG), the global research and consultancy firm

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Egypt’s digital forensic lab to improve IPR’s protection and enforcement

Egypt piracyThe government of Egypt has announced to set up a specialised digital forensic lab for intellectual property as part of its enforcement schemes of combating software piracy

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