Lifestyle One in five Saudis look for their Valentine on dating apps Saudi Arabia tops a survey of four Arab countries in the share of people using online dating sites to find love, with 21 percent of respondents surveyed by the market researcher Euromonitor International saying they use a dating website as much as twice a week. The UAE came in second, at 19 percent, Egypt third […] February 13, 2025
People & Lifestyle Banksy and Magritte fetch millions at first Saudi art auction Saudi Arabia’s first-ever international commercial art auction, staged by troubled Abu Dhabi-backed Sotheby’s over the weekend, raised more than $17 million in sales of works by Arab and international artists, and of luxury goods and sports memorabilia. Banksy’s Subject to Availability – from his series of vandalized oils – and René Magritte’s L’État de Veille each […] February 10, 2025
Infrastructure Abu Dhabi seeks consultants for transport master plan The Abu Dhabi government has invited consultancy companies to apply to update its transport master plan, as it aims to modernise the emirate’s transport network. The updated capital surface transport master plan will replace previous transport strategies and will integrate new infrastructure, technology and regulatory measures to enhance connectivity and support economic diversification, according to […] February 7, 2025
Opinion Leisure & Hospitality Sotheby’s first Saudi auction: a test of Gulf’s market potential The 150 lots will feature everything from Picasso to Hermès handbags, at prices up to $1.5m February 7, 2025
Economy Cash withdrawals in Saudi Arabia rise for first time in 5 years Cash withdrawals in Saudi Arabia in 2024 increased for the first time in five years, helping to underpin a rise in consumer spending, the local advisory company Jadwa Investment has reported. Consumer spending in the largest Arab economy rose by nearly 7.5 percent for the year and the value of point of sale (POS) transactions […] February 4, 2025
Economy Kuwait consumer spending reaches record high Consumer spending in Kuwait hit record levels in 2024, underpinned by a growing preference for card payments and a thriving ecommerce industry. Figures from the Central Bank of Kuwait for 2024 showed spending reached KD47.81 billion ($155.7 billion), a rise of 4.4 percent from the previous year. The figures show an increase in card payments and […] January 30, 2025