Browsing: private sector

RIYADH: Since its establishment over 30 years ago, the Islamic Development Bank has supported its member states with $151 million in the form of investments and trade deals, said the top executive of the bank.

RIYADH: Private sector investments in Saudi Arabia’s industrial field more than doubled in the first quarter of 2024, surpassing SR7 billion ($1.8 billion), according to official data. 

 Egypt is seeking to raise the private sector’s contribution to the national economy to over 70%, with a focus on boosting local production and exports, Minister of Finance Mohamed Maait stated.

The Labour Ministry said its Individual Labours Dispute Settlement Unit has not received a single case with such accusations against an employee in three years

Supported by private sector and family-owned businesses, Abu Dhabi non-oil sectors is going from strength to strength, recording a growth of 9.1% during 2023 to $166.21bln to contribute 53.4% of total real GDP

Survey participants affirmed that Dubai offers an advanced work infrastructure for companies across different digital economy sectors

RIYADH: More than 1 million employees joined Saudi Arabia’s private sector in 2023, marking an 11.5 percent increase compared to 2022, according to new data.

RIYADH: The total number of employees in Saudi Arabia’s private sector reached 11.1 million in February, up 0.9 percent from the previous month, according to newly released figures.   

Bashar Hussein Al-Qattan, Chairman of the Board of Directors of the Green Flame Gas Company, has expressed gratitude for the Kuwaiti government’s commitment to fostering the private sector

Madbouly noted that the country is keen on encouraging the private sector to promote its participation in different development and services projects