IMF: global growth holding steady despite Middle East war shock
- The IMF says the global economy is proving more resilient than expected despite fallout from the war in the Middle East, the Astana Times reports.
- Growth projections are described as holding despite the shock.
The Astana Times · 2026-07-10
Saudi Arabia and Canada agree to start talks on double taxation avoidance and advance investment protection deal
- The two countries agreed to begin negotiations on a double taxation avoidance agreement and welcomed progress toward concluding a bilateral investment promotion and protection agreement by early 2027.
- They agreed to strengthen cooperation between their financial institutions to support financing of major strategic projects; Canada invited Saudi investors to its first Investment Summit in Toronto in September 2026.
- Leaders established the Saudi-Canadian Coordination Council, co-chaired by the two foreign ministers, and launched a Joint Action Document as the council's roadmap for expanding cooperation.
- They noted bilateral trade has exceeded $20 billion since 2020 and welcomed agreements announced at the Saudi-Canadian Investment Forum across mining, engineering, infrastructure, advanced industries, education, training, financial services and ICT.
Saudi Gazette · 2026-07-10
Ebttikar and MemryX form partnership to deploy computer-vision edge AI in Saudi Arabia
- Ebttikar Technology Company and MemryX partnered to accelerate production-ready computer vision edge AI deployments across Saudi Arabia's industrial sectors, according to the report.
EE Times Asia · 2026-07-10