The Saudi Arabian Oil Company aka Saudi Aramco, based in Dhahran, Saudi Arabia is a multinational petroleum and natural gas company. It is a fully integrated multinational petroleum corporation and a world leader in mining, manufacturing, refining, distribution, marketing, and development. It manages the world’s largest proven conventional crude oil
Category: Business
THE HISTORY OF ECONOMIC THOUGHT
Economics as an area of study is not just a subject that has academic value but is also one that shapes the systems on the basis of which nations are run, affecting millions of people. It is therefore of great significance to understand the ideas that shaped these systems. Over
THE HOSPITALITY RESET: POST-COVID ERA
You just got off work and are barely in need of a bite to eat before heading onto the quickest Metro and enduring the tiring ride back home. The many options available at the metro station cafeteria provide you with a quick fix of donut and cold coffee, and you
MICRO ISLAND NATIONS: HOW ARE THEY MONEY LAUNDERING HAVENS?
According to the World Bank, all economies with a population of less than 0.5 million are considered to be “micro.” At present, there are 29 such countries which constitute around 15% of the total number of countries in the world. They are typically clustered and widespread in three regions: the
LEBANON ECONOMIC CRISIS – EXPLAINED!
Lebanon is a symbol of peace and stability, probably one of the only states in the Middle East whose image has not been tarnished and mired by a string of conspiracies, or a state that has not let political upheaval and civil violence get in the way of its development
AFRICA’S CAPABILITY TO MAINTAIN ECONOMIC STABILITY IN THE FACE OF ADVERSITY
The economic lagging of Africa in the global market can be easily seen through the major gap between its contribution to the world’s population (17%) and the world’s GDP (3%). The failure to optimally use the continent’s existing resources contributes to the gap. Unless the massive growth opportunities and risks
CASE STUDY OF THE JAPANESE ECONOMY
Japan is an island country of East Asia located in the northwest Pacific Ocean. Being a part of the Ring of Fire, the country is prone to earthquakes and volcanic eruptions. It comprises an archipelago of 6852 islands with Tokyo as the capital. It is quite surprising to see that
CAN THE INTERNET HELP THE RURAL KIDS RECLAIM THEIR CHILDHOOD?
It is estimated that sixty-six percent of India’s population lives in its villages. Despite, the internet becoming synonymous with urbanisation, it is the rural India that holds the key to the digitalisation of the nation. With the internet making inroads into our villages, it becomes imperative to explore the impacts
NORDIC ECONOMIC MODEL – IS THE GRASS GREENER ON THE OTHER SIDE?
At the time when the world’s richest 1% own 44% of the wealth and the lowest 56.6% people own less than 2% of the global wealth (source), many of the scholars, economists, politicians and policymakers are looking for ways to remedy the situation. In this backdrop, the Scandinavian countries of
UK’S ECONOMIC TURBULENCE AND WHAT THE FUTURE LOOKS LIKE
The last few months have presented some of the most difficult challenges mankind has ever faced. Throughout the course of time, there have been numerous events that have tested the resolve of humans, and we have more often than not emerged victorious in the face of such arduous difficulties. However,