Economy

How Saudization is harnessing Kingdom’s local talent to private-sector expansion

Caline Malek

Aug 2, 20211 min read

How Saudization is harnessing Kingdom’s local talent to private-sector expansion

Financial and insurance sectors are seeing some of the strongest growth in local hiring Private-sector entities doing their part to...

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What Saudi Arabia’s improved global ranking in labor resilience signifies

Caline Malek

Jun 22, 20211 min read

What Saudi Arabia’s improved global ranking in labor resilience signifies

Improvement in Global Labor Resilience ranking ascribed to “digitalization, education and market flexibility” GLRI 2021 report urges...

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The viral Instagrammer who rewards acts of kindness in Lebanon

Caline Malek

Mar 11, 20211 min read

The viral Instagrammer who rewards acts of kindness in Lebanon

A Beirut-based viral video channel has built a massive following by filming and rewarding everyday acts of charity Cab drivers and...

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GCC consumer behavior signals rise of the ‘homebody economy’

Caline Malek

Dec 9, 20201 min read

GCC consumer behavior signals rise of the ‘homebody economy’

McKinsey data shows purchases increasingly geared towards the domestic bubble, with people more mindful about spending COVID-19 lockdown...

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How Saudi Arabia’s air transport sector can overcome the coronavirus setback

Caline Malek

Jun 1, 20201 min read

How Saudi Arabia’s air transport sector can overcome the coronavirus setback

Experts say financial relief measures from government can offset impact of COVID-19 pandemic Air transport sector was estimated by IATA...

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AUB president says liberal Arab thought at risk amid Lebanon’s coronavirus, financial crises

Caline Malek

May 12, 20201 min read

AUB president says liberal Arab thought at risk amid Lebanon’s coronavirus, financial crises

Sacrifices will have to be made for American University of Beirut to survive crisis, warns President Fadlo Khuri. Khuri does not envision...

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Will coronavirus shock make Arab region ready for universal basic income?

Caline Malek

May 1, 20201 min read

Will coronavirus shock make Arab region ready for universal basic income?

How people will make basic ends meet under lockdown is a big question facing policymakers worldwide. Implementing universal basic income...

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Perfect storm of crises leaves Lebanese desperate, hungry and poor

Caline Malek

Apr 30, 20201 min read

Perfect storm of crises leaves Lebanese desperate, hungry and poor

Protests resume as food prices soar, currency weakens and coronavirus strains the health system. Lebanese pound dropped to record lows on...

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Can cannabis legalization rescue Lebanon’s ailing economy?

Caline Malek

Apr 24, 20201 min read

Can cannabis legalization rescue Lebanon’s ailing economy?

New law aims to regulate existing cultivation while making drug’s medical and industrial use legal Experts welcome legalization...

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Gulf countries struggle to adjust in trying times

Caline Malek

Mar 29, 20201 min read

Gulf countries struggle to adjust in trying times

After many European countries went on lockdown, countries in the Arab world worked to ensure their societies remained safe during...

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Middle East hospitality and tourism industry braced for hard times

Caline Malek

Mar 19, 20201 min read

Middle East hospitality and tourism industry braced for hard times

Experts describe coronavirus threat as the most damaging for the region's hospitality and tourism sector. Religious tourism has suffered...

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Dubai forum highlights gender imbalances at workplace

Caline Malek

Mar 11, 20201 min read

Dubai forum highlights gender imbalances at workplace

Strategies for global gender balance, the future of women at work, propelling female entrepreneurship in the region, and women’s role in...

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A Saudi-based startup capitalizes on gig-economy opportunities

Caline Malek

Mar 10, 20201 min read

A Saudi-based startup capitalizes on gig-economy opportunities

Sabbar connects hundreds of job seekers with on-demand businesses on a monthly basis. Employee turnover in Saudi Arabia is estimated at...

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YouGov poll shows Saudis' high regard for Japan's economic strengths

Caline Malek

Jan 12, 20201 min read

YouGov poll shows Saudis' high regard for Japan's economic strengths

Survey shows that 73 percent of Saudis rank Japan as number one in terms of quality. Over half of Saudis are aware that Japan is one of...

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Lebanon’s revolution: A many-splendored thing

Caline Malek

Nov 26, 20191 min read

Lebanon’s revolution: A many-splendored thing

A plethora of initiatives have sprung up with the goal of reinventing the country along with political change. 'Thawra' has generated...

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A ‘revolution of love’: Demonstrators bring hope, unity to protest movement

Caline Malek

Nov 4, 20191 min read

A ‘revolution of love’: Demonstrators bring hope, unity to protest movement

Immersed in the spirit of change, Lebanese citizens have been participating in an array of activities to start their new chapter on the...

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Lebanese unite in protest against their political elite

Caline Malek

Oct 21, 20191 min read

Lebanese unite in protest against their political elite

Lebanon has not witnessed such scenes of public solidarity since the 1975 civil war. Ordinary people are at the end of their tether as...

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Saudi Arabia, South Korea expanding trade ties

Caline Malek

Aug 4, 20191 min read

Saudi Arabia, South Korea expanding trade ties

South Korea is fifth among countries in trade volume with Saudi Arabia. To meet the goals of Vision 2030, Saudi Arabia plans...

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Transformative reforms promise ‘bright future’ for Saudi economy

Caline Malek

Jul 15, 20191 min read

Transformative reforms promise ‘bright future’ for Saudi economy

Credit rating agencies Moody’s and Fitch have rated Saudi Arabia as having a stable outlook thanks to its economic reforms, as the...

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Pakistan PM’s vision for the future based on KSA’s past

Caline Malek

Feb 11, 20191 min read

Pakistan PM’s vision for the future based on KSA’s past

Imran Khan said Saudi Arabia created one of the first welfare systems. The Pakistan PM said reforms can be painful, but are necessary....

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