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Saudi Vision 2030: As Kingdom's diversification efforts enter final phase, what’s left now? - Global Business Outlook

Saudi unemployment fell to a historic low of 7%, meeting Vision 2030’s unemployment target ahead of time Saudi Arabia’s ambitious Vision 2030 reform programme is entering its final phase with remarkable momentum.Read Article

Domestic Tourism Surge Increases Oman Hotel Income

Hotel occupancy up 9.2% Omanis almost 40% of guests International flights growing in cost A jump in domestic tourism helped boost the total number of hotel stays in Oman in the first half of the year, as more Omanis opted to avoid rising overseas travel costs and holiday at home. Hotel occupancy rose 9.2 percent year on year to June 30 this year to reach 1.2 million guests. Omanis made up around 38 percent of the guests followed by Europeans wit…Economy · Oman See the Story

Go Green with GBO: UK drops 'Green Taxonomy' amid mixed reactions - Global Business Outlook

A green taxonomy is essentially an official dictionary for sustainable finance The UK government’s retreat from a planned Green Taxonomy has drawn both criticism and praise, reflecting a broader debate over the balance between robust climate regulation and business competitiveness.United Kingdom · United Kingdom Read Article

Go Green with GBO: China’s path toward carbon neutrality & associated challenges - Global Business Outlook

China, the world’s largest emitter of greenhouse gases (roughly 30% of the global total), has pledged to peak CO₂ emissions before 2030 and reach carbon neutrality by 2060. In recent years, the country has made impressive advances in clean energy but has also grappled with persistent reliance on coal. Data for 2024 underscore this mixed picture. China’s carbon intensity (emissions per unit of GDP) fell by 3.4% in 2024, a healthy decline but shor…China · China Read Article

As Huawei Ascend courts the Middle East and Southeast Asia, Washington raises red flags

100% Center coverage: 1 sources

Joanna Gao, analysis; Elaine Chen, DIGITIMES AsiaHuawei · Saudi Arabia See the Story

MENA Watch: Fuelled by smartphone penetration, livestreaming economy takes off in region - Global Business Outlook

In the UAE alone, annual tax revenue from livestreaming content is expected to jump from USD 2.4 billion in 2024 to USD 4.6 billion by 2030 The MENA livestreaming market was roughly USD 8.1 billion in 2024 and is projected to more than double to about USD 17.8 billion by 2030.Economy · Dubai Read Article

Chinese Economy to ‘Surpass $19.5-Trillion This Year’

100% Right coverage: 1 sources

Challenges were greater than expected, but achievements exceeded expectations in 14th five-year plan period, says state plannerEconomy · China See the Story

Saudi Property Industry Receives Global Boost Amid Decline in Transactional Value - Global Business Outlook

The report highlights how the ambitious plans are altering attitudes towards Saudi Arabia's real estate market The Saudi real estate industry is witnessing a boost in global investor confidence due to the Kingdom's forward-looking 'Vision 2030' economic diversification strategy.Real Estate · Saudi Arabia See the Story

New Labour Law: Expats to Face New Skill-Based Work Permit Rules in Saudi Arabia

67% Right coverage: 3 sources

New expatriates entering the Kingdom will be classified starting August 3, 2025Migrant Workers · Saudi Arabia See the Story

News from Global Business Outlook

News from Global Business Outlook