Saudi Arabia’s quarterly budget deficit widens to $8.9 billion

Saudi Arabia’s budget deficit widened in the second quarter as officials ramp up spending to stimulate a sluggish economy. The budget gap of 33.5 billion riyals ($8.9 billion) compared to 7.4 billion riyals in the same period last year, the Finance Ministry said in a statement on Tuesday. Spending rose 5% from the second quarter […]

Dubai: Pioneering smart city technology

Dubai Government’s drive to make 25% of road traffic autonomous by 2030 will not only affect how the city runs and operates, it’ll also positively impact Dubai’s green economy ambitions, helping it to achieve its goals of producing 75 per cent of its energy requirements from clean sources by 2050. Melba Kurman, Faculty, Smart Cities […]

Meet Roxana Jaffer, from donut maker in UK to multi-millionaire hotelier in Dubai

“I was born to be successful.” Meet Roxanna Jaffer, CEO, thought leader, motivator, social entrepreneur, strategist and agent of change. Her exuberance for life and the constant search for excellence are perhaps some reasons why Jaffer, a donut maker from the UK, became a hotel entrepreneur in the UAE. Jaffer, co-founder of Holiday Inn Al Barsha, […]