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8 results for "middle east development"
Egypt's unemployment rate has fallen to 6.2%, a significant achievement as regional conflicts disrupt economies across the Middle East. President el-Sisi announced new worker support programs and ambitious job creation plans during Labor Day celebrations.
As tensions close a vital shipping strait, Iraq is fast-tracking a $24 billion trade corridor that could transform how goods move from the Gulf to Europe. The crisis is spurring nations to build permanent alternatives that reduce dependence on vulnerable waterways.
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.
Young business leaders from Egypt, Iraq, and Lebanon just completed an intensive entrepreneurship program in Japan, learning skills to tackle food security challenges back home. The UN training equipped them with real-world business tools and hope for their communities.
After years of devastating conflict, Syria just signed historic deals with Saudi Arabia to launch a new airline and overhaul the country's internet with a $1 billion investment. These agreements mark one of the biggest foreign investments in Syria since the civil war ended.
After decades of conflict, Syria is receiving billions in investments from Saudi Arabia to rebuild telecommunications, airports, and connect millions of people. The deals mark a turning point for a nation emerging from devastating sanctions and war.
A new four-lane bridge in Dubai is moving nearly three times more vehicles per hour and slashing intersection delays by over a minute. The infrastructure win supports thousands of families in growing communities across the city.
Saudi Arabia just harvested its first crop of rare white strawberries, marking a sweet victory for the kingdom's push toward agricultural innovation and food security. The unusual fruit, developed through partnership with the University of Florida, is already drawing families to farms in the Hail region.