Prime Highlights PIF's net profit more than doubled to $17 billion in 2025, supported by stronger portfolio company contributions. PIF contributed 11% of Saudi Arabia's non-oil GDP and invested over…
Prime Highlights Emirates NBD launched the UAE’s first dedicated Transition Finance Framework. The framework will support companies in high-emission and hard-to-abate sectors. Key Facts Emirates NBD aims to mobilise $30 billion in sustainable…
Prime Highlights Taqa’s first-half net income rose 9.7% to AED 4.1 billion. Capital spending jumped 38% to AED 7.2 billion as Taqa expanded infrastructure investment. Key Facts Taqa is Abu Dhabi’s integrated utilities and energy company. …
Prime Highlights Wood Nobel Energy secured the FEED contract for the Nakhchivan Combined Cycle Thermal Power Plant. SOCAR Midstream Gas Operations awarded the contract to support the plant's design and execution strategy. …
Prime Highlights Federation of Saudi Chambers and Bankruptcy Commission sign MoU to strengthen the early warning initiative for private-sector businesses. Partnership aims to help companies identify financial distress early and access preventive…
Prime Highlights Emirates NBD and DFDF will jointly test FinTech and AI solutions. The partnership targets better digital banking and customer services. Key Facts DFDF is Dubai’s AED 1 billion…
Prime Highlights Saudi Arabia, Syria sign three Power Purchase Agreements for 760 megawatt solar capacity. Al-Harfi Co partners with Siemens Energy, Saudi Electricity Project Development Co on technical support. Key Facts Projects include battery storage systems…
Prime Highlights Saudi Aramco CEO Amin H. Nasser ranked first in Forbes Middle East's Top 100 CEOs list. Banking and financial services led the ranking with 30 executives. Key Facts …
Prime Highlights Zamil Steel has delivered two first-of-their-kind Gas Slug Catcher/Separator units for the Fadhili Gas Increment Project involving Saudi Aramco and Samsung E&A. Each unit measures 44 metres in length, weighs…
Prime Highlights Kuwait Oil Company awarded 129 contracts worth KD2.2 billion ($7.2 billion) during the first half of 2026. The contracts will support higher oil production through drilling, infrastructure upgrades…