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Saudi Arabia’s Real GDP Grows 3.4% in Q1 2025

Riyadh: The Saudi General Authority for Statistics (GASTAT) today issued its report on real Gross Domestic Product (GDP) for the first quarter of 2025, revealing a 3.4% growth compared to the same quarter in 2024. This growth was driven by a 4.9% incr…

Ruwad Records 23.9% Growth in Government Contracts in 2024

Sharjah: The Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), affiliated with the Sharjah Department of Economic Development, reported that its member projects earned AED3,484,680 in government contracts across the UAE in 2024, marking …

United States Achieves Record Energy Production in 2024

Washington: In 2024, the United States achieved a historic milestone in energy production, surpassing all previous records. The U.S. Energy Information Administration’s Monthly Energy Review reported that the total energy production exceeded 103 quadr…

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