Sectors Archives - 9xm News

Saudi Arabia and Syria sign historic $24 billion in investment deals across 12 sectors at first joint forum | World News

Saudi Arabia and Syria signed $24 billion in investment deals across 12 sectors during their first joint forum in Riyadh/Image: SPA In a significant step toward rebuilding diplomatic and economic bridges, Saudi Arabia and Syria have launched their first private-sector-led investment forum. Held in Riyadh, the Saudi-Syrian Partnership and Investment Forum brought together over 450 […]

GCC GDP 2024: Real and nominal figures differ, but both show non-oil sectors make up over 70% | World News

In 2024, non-oil sectors made up 77.9% of nominal GDP and 70.6% of real GDP across the GCC/ Image: FIle The Gulf Cooperation Council (GCC) economies showed steady growth in 2024, with rising contributions from non-oil sectors offsetting a decline in oil output. Real GDP rose 3.3% in the fourth quarter, backed by strong performance […]

Saudi Arabia raises Saudization goals again, targets now as high as 80% in some sectors | World News

Private firms with five-plus employees in pharmacy and engineering roles, and three in dentistry, must meet new Saudization rates/Representative Image TL;DR: From July 27, 2025, Saudization rates rise across pharmacy (35–65%), dentistry (starts at 45%), and technical engineering (30%) sectors in Saudi Arabia. Updated quotas apply to private-sector establishments with specified company sizes and minimum […]

What is Bahrainization? The Kingdom’s drive to localise jobs across multiple sectors | World News

Bahrainization has evolved into a structured national workforce strategy, backed by legal enforcement/Image: Shutterstock TL;DR: Bahrainization is Bahrain’s official workforce nationalization policy aimed at increasing Bahraini employment in the public and private sectors. It sets sector-specific ratios requiring companies to hire Bahraini nationals or face restrictions on government contracts and foreign worker permits. Employers benefit […]

US tariffs: Trump plans to levy 10% duties on goods from African and Caribbean nations; targets pharma and chip sectors next

US President Donald Trump announced on Tuesday (local time) that he is planning to impose tariffs of over 10 per cent on goods from smaller countries, including nations in Africa and the Caribbean, news agency AP reported. “We’ll probably set one tariff for all of them,” Trump told reporters, explaining that the rate could be […]