Friday, July 18, 2025

Gulf’s next big crisis: As economies diversify, water shortages loom July 18, 2025 at 12:14AM

The GCC countries are experiencing a significant economic shift, with non-oil sectors like tourism and finance driving growth projected at 4-5% in 2025-26. However, severe water scarcity poses a major threat, potentially causing GDP losses without immediate action. Addressing this challenge through efficiency improvements, sustainable desalination, and regional cooperation is crucial for securing long-term prosperity.

5,600 startups and counting: UAE leads GCC’s startup revolution July 17, 2025 at 11:59PM

The Gulf Cooperation Council nations are becoming tech hubs. The UAE leads with many startups and investments. Abu Dhabi, Dubai, and Sharjah are key areas. Oman is testing new financial technologies safely. Other Gulf countries are also building their tech sectors. The region offers opportunities for entrepreneurs and investors. Success depends on growing startups into strong businesses.

From 17% to 36%: Female employment in Saudi Arabia surges past Vision 2030 target July 17, 2025 at 10:07PM

Saudi Arabia has witnessed a significant surge in female labor-force participation, exceeding Vision 2030's initial targets and driving economic diversification. Digital payment adoption and increased female entrepreneurship, supported by legal reforms, are fueling this transformation. While challenges persist in leadership representation and wage equality, the nation's progress signals a profound societal shift towards a more inclusive and knowledge-based economy.