“Diversifying the economy is not just a matter of moving away from a dependency on oil. It is crucial to combating the surge in unemployment over the past few months. Entrepreneurs and SMEs will be key to creating more jobs and developing a skilled local workforce with diversified expertise.” – Abdullah Al Othman
Read the full article here
Over the past few years Saudi Arabia has been gaining international attention for the measures it has taken to move the kingdom away from its dependency on oil and lay the foundations for a diversified economy. Considering the recent plummet in oil prices as a result...
"Although the UK is known globally as one of the most progressive regions for fintech innovation and growth, soon the Middle East won’t be that far behind" - Abdullah Al Othman Read the full article here
COVID has undoubtedly damaged business growth across the globe, but there is one particular industry that has experienced a boom - the fintech industry. According to research published by deVere Group, the pandemic drove an astounding 72% rise in the use of fintech...