Al-Jaghbeer: The Industrial Sector Leads Economic Growth
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The Deputy Emir of Al-Qassim, Prince Fahd bin Saad, visited the Buraidah Date Festival at King Khalid Cultural Center, reviewing pavilions and programs reflecting the region's heritage and focus on palm trees and dates.
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Economic expert John Luca forecasts a continued rise in gold prices driven by geopolitical tensions and global monetary policies, with potential increases up to 35% in 2025 before stabilization or further escalation in 2026.
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Date prices in New Valley surged to 52 EGP per kilo as farmers gear up for the harvest season starting mid-September, with production expected to reach 165,000 tons due to expanded plantations.
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Some university majors no longer demanded by the Saudi job market continue to graduate students despite declining job opportunities, highlighting the need to update university programs and reduce admissions in these fields while focusing on modern technology sectors.
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Iraqi Parliament Speaker Mahmoud al-Mashhadani stressed the importance of American companies entering the Iraqi market to support the private sector and achieve security stability through economic prosperity.
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The Deputy Emir of Mecca, Prince Saud bin Mishaal bin Abdulaziz, inaugurated the conference "Universities' Responsibility in Enhancing Values and Intellectual Awareness" organized by Umm Al-Qura University from August 25 to 27, 2025, attended by the Minister of Education and several officials.
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The third edition of the DP World Development T20 Cricket Championship started at the ICC International Cricket Academy in Dubai, featuring six teams and 18 matches in a single round-robin format to develop regional cricket talent for upcoming international events.
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The Dubai Human Resources Department concluded the submission phase for the first cycle of the 2025 Research Awards, receiving 70 scientific papers from government and academic researchers, including 11 from university students, with participation from Dubai government employees across various entities.
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His Excellency Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA, inaugurated the Project Management Training Center at DEWA's Professional and Academic Development Complex in Al Hudaiba, accredited by the American Project Management Institute (PMI).
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The medium-term development plan shows per capita GDP rising to 186.8 thousand EGP in 2025/2026, reflecting real economic growth and improvements in education, health, and infrastructure services.
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