Business activity across the Saudi construction sector gained considerable momentum in June, supported by stronger performances across residential, non-residential structures (office/commercial, institutional, industrial) as well as infrastructure (transportation, energy/utilities), said a report.
Leading UAE telco e& Group has recorded strong growth in its consolidated revenue for the first six months of the year hitting AED38.1 billion ($10.3 billion), an increase of 11.6% over last year. The positive momentum was reflected in its consolidated net profit, which soared to AED6 billion ($1.6 billion).
The global digital economy is expected to grow by 9.5% next year, three times faster than the global economy, according to the Digital Economy Trends (DET) 2026 report. It is projected to reach an estimated $28 trillion in 2026, representing 22% of global GDP.