IEA Forecasts 3.5% Growth in Middle East and Africa Gas Demand by 2026
Prime Highlights Middle East and Africa gas demand to rise by 3.5% in 2026, as industrial and power sector expansion stimulates demand. LNG output to rise by 7% across the…
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Binghatti Reports Record AED 495M Profit in H1 2025, Driven by Dubai’s Luxury Real Estate Boom
Prime Highlights Dubai real estate developer Binghatti reported a record first-half year H1 2025 net profit of AED 495 million, 172% higher compared to the same period last year, driven…
Travis Scott to Set Abu Dhabi Stage Ablaze with Circus Maximus Tour This November
Prime Highlights: Travis Scott announces Abu Dhabi gig date of November 15 as part of record-breaking Circus Maximus World Tour. Middle East tour leg is debut, first ever, solidifying Abu…
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PIF Launches Tasama Platform to Empower Saudi Arabia’s Business Services Sector
Prime Highlights Public Investment Fund launches Tasama, consolidating TAQNIA's incubators and PIF's Shared Services Center. Action reinforces Saudi Arabia's Vision 2030 innovation and diversification objectives. Key Facts Tasama will offer…
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Saudi-Iran Diplomatic Breakthrough: Crown Prince Meets Iranian Foreign Minister in Jeddah
Prime Highlights: Saudi Crown Prince and Iranian Foreign Minister exchange their most significant talks in Jeddah to raise bilateral diplomacy and regional relations. Talks emphasize mutual interest in ceasefire momentum…
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Apple Expands iPhone Car Key Feature to 13 New Vehicle Brands
Prime Highlights: Apple is adding support for its iPhone Car Key feature in 13 more vehicle brands. The feature lets users lock, unlock, and start their vehicles with their iPhone…
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TeamLab Borderless Jeddah: Celebrating a Year of Immersive Art in Saudi Arabia
Prime Highlights TeamLab Borderless Jeddah celebrates its first anniversary since becoming Saudi Arabia's very first permanent digital art museum. The groundbreaking display area has received international visitors and encouraged domestic…
Amlak Finance Seeks Shareholder Approval to Wind Down Real Estate Finance Segment
Prime Highlights: Amlak Finance is seeking approval from shareholders for selling its real estate finance portfolio and winding down the segment as a whole. The company also intends to dispose…
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World Bank Warns of Weakest Global Growth Since 2008 in 2025 Forecast
Prime Highlights World Bank reduced 2025 growth projections for almost 70% of all world economies as economic momentum slows down. Global growth in 2025 is projected to slow down to…
Oil Prices Soar as Middle East Tensions Escalate; World Markets Respond Cautiously
Prime Highlights Oil prices hit five-month highs amid escalating Iran–Israel tensions. Asian markets traded in two ways, and US futures trailed ahead of the Fed policy meeting. Key Facts West…