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How working abroad gives young Indians a headstart in creating wealth back home

How working abroad gives young Indians a headstart in creating wealth back home

The young financial analyst bought these properties with his savings from salary and a loan that he has already repaid. Sonthalia’s net worth runs into several crores of rupees, including liquid savings of about ₹1 crore, in all of five years of his career. Here’s what made this possible. Sonthalia works in Amsterdam and earns...

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Saudi Arabia and Switzerland strengthen economic ties at 4th Financial Dialogue in Zurich

Saudi Arabia and Switzerland strengthen economic ties at 4th Financial Dialogue in Zurich

Giga-projects propel Saudi Arabia’s construction boom amid global interest, study says RIYADH: Saudi Arabia’s state-backed initiatives, including NEOM and Vision 2030, are driving growth in the construction sector, attracting substantial domestic and international investments, an analysis showed.     In its latest report, global consultancy firm Turner & Townsend highlighted that the construction activities are also driven...

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Why summit in Switzerland is so important for global peace

Why summit in Switzerland is so important for global peace

Why summit in Switzerland is so important for global peace Ukraine’s President Volodymyr Zelensky attends a press conference in Paris. (AFP) Ukraine stands resolutely for undisputed peace. This peace must be just, comprehensive and lasting. To meet these criteria the very essence of the peace must comply with the rules and main principles of the...

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UAE delegation in Switzerland to boost bilateral trade relations

UAE delegation in Switzerland to boost bilateral trade relations

RIYADH: A high-level UAE delegation to Switzerland, led by the minister of state for foreign trade, is set to boost growing business relations between the two countries. The UAE and Switzerland saw non-oil trade reaching $22.3 billion in 2023, a record increase of 41.2 percent compared to 2022, due to growth in imports, exports, and...

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Saudi Arabia and Switzerland ink tourism agreement to enhance visitor experiences

Saudi Arabia and Switzerland ink tourism agreement to enhance visitor experiences

IHG’s luxury brand Hotel Indigo set to debut in Alkhobar, expanding Saudi footprint RIYADH: The Saudi hospitality landscape is poised to welcome a new luxury hotel brand following a management agreement between UK-based IHG Hotels & Resorts and REFAD Real Estate Co.   Signed on the sidelines of the Future Hospitality Summit in Riyadh, the deal...