Find uplifting stories about heroes, innovations, and solutions
158 results for "diversification"
Saudi Arabia's GDP has nearly doubled since 2016, growing from $693 billion to $1.3 trillion as the kingdom's ambitious diversification plan transforms its economy beyond oil. Non-oil sectors now contribute more than half of the nation's economic output, while 2.48 million Saudis have joined the private workforce.
Parkland Fuel Corporation is bringing 270 new full-time jobs to Calgary, transforming downtown office space into a hub for tech and finance innovation. The expansion marks a major win for the city's economic diversification efforts.
Africa's solar energy market is exploding with 26,000 projects tracked and counting, as businesses discover solar power costs 50-75% less than diesel. Countries like Tanzania, Zambia, and Algeria are leading a diversification that's spreading clean energy across the entire continent.
India's energy independence just took a major leap forward. The country slashed Russian oil imports to their lowest level in over three years while expanding partnerships with 19 diverse suppliers.
Farmers across India are successfully growing avocados using practical techniques adapted to local conditions, proving the exotic fruit can thrive from Gujarat to Karnataka. Their hard-won wisdom offers a roadmap for anyone dreaming of cultivating this nutrient-rich crop.
%2Ffile%2Fdailymaverick%2Fwp-content%2Fuploads%2F2025%2F11%2FDr-Richard-Stewart-e1739451814226.jpg)
A South African mining company facing extinction transformed itself into a thriving business by diversifying beyond gold. What seemed risky in 2013 turned out to be the move that saved thousands of jobs and delivered 582% returns to investors.
The United Arab Emirates just launched a major new programme to support young entrepreneurs, selecting 17 Emirati founders from over 370 applicants. Nearly 90 percent are under 35, and they're building solutions in healthcare, climate, finance, and agriculture.
The Kurdistan Region has created over 20,000 jobs through tourism investment, with 80% going to local workers as part of a major push to diversify away from oil dependency. Eighty major projects worth $7.5 billion are transforming the region into a year-round destination.
Hamilton's unemployment rate dropped to 6.4% in July, matching the city's lowest point this year and tying for best in southwestern Ontario. The win comes as Hamilton's decade-long push to diversify beyond steel pays off during ongoing trade tensions.
Sault Ste. Marie is moving forward with a $200 million port development that could create nearly 2,500 jobs and transform the local economy. The project comes as the city faces major layoffs from its largest employer, offering hope for economic diversification.
Saudi Arabia's domestic tourism just smashed records with 29 million visitors spending $9.2 billion in the first three months of 2026. The boom is creating jobs across the Kingdom and proving Vision 2030's economic diversification plan is working.
Vietnam launched a smart three-stage response plan to protect its agricultural sector from rising energy and shipping costs caused by Middle East conflict. The country is stabilizing prices now while building long-term resilience through tech innovation and market diversification.
Nigeria just shattered its own export record, proving the country's economy is growing stronger beyond oil. The West African nation sold $6.1 billion worth of products from cocoa to cashews across 120 countries last year.
Saudi Arabia's tech infrastructure is getting a massive boost with over $4 billion flowing into data centers. This investment marks a major step in the kingdom's plan to diversify its economy and become a digital powerhouse.
The Middle East is building a record 717 hotels with 177,110 rooms as nations transform tourism into their next economic powerhouse beyond oil. Saudi Arabia leads the charge with 385 projects, racing to welcome 150 million annual visitors by 2030.
A massive new solar manufacturing plant in Oman just secured full funding and started production, offering the world an alternative source for a critical solar panel ingredient. The factory will create thousands of jobs while helping diversify the global solar supply chain away from its heavy reliance on China.
Saudi Arabia has emerged as the Middle East's tourism powerhouse, with the sector now representing 14.1% of the nation's GDP and investments soaring 19.4% in 2025. The kingdom is transforming into a global destination that could double its international visitors within a decade.
Saudi Arabia just pumped $205 million into its creative economy in the first quarter of 2026 alone, supporting over 1,600 artists and entrepreneurs. The bold investment is transforming the Kingdom into a cultural hub while creating thousands of new jobs.
Saudi Arabia is transforming its economy by making tourism a centerpiece of growth, with sustainability and cultural preservation built in from the start. The country welcomed 116 million visitors in 2024 and aims to create 1.5 million jobs while protecting a third of its land by 2030.
A coastal region in southwestern Saudi Arabia has transformed from 32 to 323 tourist accommodations in just six years. The dramatic expansion is turning Jazan into an emerging hotspot for travelers seeking beaches, mountains, and authentic cultural experiences.
Showing 20 of 158