Nour El-Shaeri

18 hours ago | arabnews.com | Nour El-Shaeri

RIYADH: Electric vehicles are set to displace more than 5 million barrels of oil per day globally by 2030, highlighting their growing role in reshaping fuel demand and bolstering energy security, a new report stated.     China alone is expected to account for half of this displacement, according to the International Energy Agency’s latest global publication, as it continues to dominate global EV sales, manufacturing, and battery production.

20 hours ago | arabnews.jp | Nour El-Shaeri

RIYADH: As Saudi Arabia continues its rapid transformation into a global tourism hub, industry leaders at the Future Hospitality Summit in Riyadh forecast the Kingdom’s emergence as one of the world’s top five travel destinations by 2040. A clear focus on diversified tourism offerings, reduced seasonality, and workforce development is driving long-term strategic alignment between the public and private sectors, experts told attendees.

1 day ago | arabnews.pk | Nour El-Shaeri

RIYADH: As Saudi Arabia continues its rapid transformation into a global tourism hub, industry leaders at the Future Hospitality Summit in Riyadh forecast the Kingdom’s emergence as one of the world’s top five travel destinations by 2040. A clear focus on diversified tourism offerings, reduced seasonality, and workforce development is driving long-term strategic alignment between the public and private sectors, experts told attendees.

1 day ago | arabnews.com | Nour El-Shaeri

RIYADH: As Saudi Arabia continues its rapid transformation into a global tourism hub, industry leaders at the Future Hospitality Summit in Riyadh forecast the Kingdom’s emergence as one of the world’s top five travel destinations by 2040. A clear focus on diversified tourism offerings, reduced seasonality, and workforce development is driving long-term strategic alignment between the public and private sectors, experts told attendees.

1 day ago | arab.news | Nour El-Shaeri |Mohammed Al-Kinani |Ismail Dilawar

KARACHI: Pakistan is expected to receive a $1 billion loan disbursement from the IMF today, Tuesday, as part of a larger $7 billion bailout agreement, Finance Minister Muhammad Aurangzeb has said. The IMF last Friday approved a fresh $1.4 billion loan to Pakistan under its climate resilience fund and approved the first review of its $7 billion program, freeing about $1 billion in cash. The review approval brings disbursements to $2 billion within the $7 billion program.