Prime Highlights- Saudi Arabian Mining Company (Maaden) reported a 156% rise in net profit for 2025, reaching SR7.35 billion ($1.95 billion), supported by higher commodity prices and strong production levels. The…
Prime Highlights Saudi Aramco started production at the Jafurah Field and launched operations at the Tanajib Gas Plant, marking a major milestone in its gas expansion strategy. The company aims to increase…
Prime Highlights: Saudi ports handled 738,111 TEUs in January, a 2.01% rise from last year, driven mainly by a 22.44% jump in transshipment containers. The growth supports trade, strengthens supply…
Prime Highlights: Saudi Arabia is accelerating efforts to become a top global technology hub and the world’s largest exporter of digital technology assets. The Kingdom plans to launch its own…
Prime Highlights Emerging and developing economies are now the main drivers of global economic growth, marking a clear shift away from reliance on advanced economies. Saudi Arabia is using the AlUla Conference…
Prime Highlights: HRDF helped over 562,000 Saudis get jobs in private companies, a 29% increase from 2024. The fund signed 45 training agreements to link skills with jobs and support…
Prime Highlights: Saudi Aramco successfully raised $4 billion through a multi-tranche international bond sale, reflecting strong global investor demand. The bond issuance reinforces Aramco’s ability to secure long-term funding at…
Prime Highlights ACWA Power has signed an agreement to establish a green ammonia export corridor from Saudi Arabia to Germany, supporting clean energy trade between the two countries. The project strengthens Saudi…
Prime Highlights The Middle East Sports Investment Forum announced new investments and partnerships, reflecting growing confidence in Saudi Arabia’s sports sector. Agreements focused on strengthening infrastructure, healthcare, and innovation to…
Prime Highlights: More than 500,000 Sudanese workers are currently employed in Saudi Arabia, mainly across the agriculture and animal husbandry sectors. Sudan and Saudi Arabia are working together on training and skills programs…
Prime Highlights Saudi citizens employed in the private sector reached 52.8 percent, exceeding the 2025 target of 51.4 percent. Female employment and mothers in the workforce have grown sharply, reaching…
Prime Highlights: Saudi Arabia’s debt market is expected to grow to $600 billion by the end of 2026, reinforcing its position as a leading emerging market issuer. Sukuk, or Shariah-compliant…
Prime Highlights The Arab Energy Fund has become the first MENA-based multilateral institution approved to issue Panda bonds in China. The move strengthens financial cooperation between China and the Gulf…
Prime Highlights: Saudi banks are expected to maintain strong loan growth in 2026, supported by Vision 2030 projects and rising financing demand. A stable banking system, improving economic outlook, and growing private…
Prime Highlights Saudi Arabia and the United States held high-level discussions to strengthen economic cooperation and expand trade and investment ties. Officials highlighted the growing role of the private sector…
Prime Highlights: Saudi Arabia’s US Treasury holdings jumped $14.4 billion in November, marking the largest monthly increase since 1974. Most of the Kingdom’s holdings are in long-term securities, reflecting a…
Prime Highlights: Saudi Arabia’s annual inflation edged up to 2.1% in December, driven mainly by higher housing and food costs. Consumer and wholesale prices remain stable and in line with global trends, reflecting a…
Prime Highlights: Saudi Arabia’s Public Investment Fund (PIF) partners with Red Sea Aluminium Holdings (RSAH) to develop an advanced aluminum complex in Yanbu, boosting industrial growth. The project will strengthen local supply…
Prime Highlights: The Future Minerals Forum (FMF) launched a new global tool to track investment, risks, and progress in the critical minerals industry. Industry leaders highlighted that mining is vital…
Prime Highlight Saudi Arabia and Japan signed 12 memorandums of understanding to expand cooperation across key sectors, including technology, energy, finance, and agriculture. The agreements reflect a shared commitment to long-term…
Prime Highlight Saudi Arabia saw a sharp rise in consumer spending in the first week of 2026, with POS transactions totaling SR17 billion and strong growth across all sectors. The…
Prime Highlight: Rising domestic demand and strong Gulf interest are attracting new investors to Saudi Arabia’s perfume market. Local brands like Amour, Oud Al-Edan, and Vanilla are seeing rapid sales…
Prime Highlights: Investment now accounts for 32% of Saudi Arabia’s GDP, showing strong economic growth and diversification. Foreign direct investment (FDI) is expected to grow fivefold by 2025, reflecting global…
Prime Highlights: Saudi Arabia has started a limited alcohol framework, allowing non-Muslim expatriates with premium residency to access alcohol through regulated outlets. The move is seen as a strategic step…
Prime Highlights: SmartOasis has opened seven refurbished apartment complexes in central Riyadh, marking its official entry into the Saudi market. The project focuses on sustainability and urban renewal, renovating existing…
Prime Highlights: Riyadh’s residential sales jumped 19% in Q3 2025, reaching 13,000 transactions and SR17.6 billion in sales. Dammam emerged as a growth hotspot, with residential transactions up nearly 60%…
Prime Highlights Jordan’s exports to Syria saw a sharp rise in the first 10 months of 2025, reflecting renewed economic cooperation between the two neighboring countries. The growth in trade…
Prime Highlights: Saudi Arabia increased its US Treasury holdings to $134.4 billion in October, maintaining its position among the world’s top foreign investors. The Kingdom’s investment focuses mainly on long-term…
Prime Highlights: STC and PIF-backed Humain launch a joint venture to develop advanced data centers, supporting the Kingdom’s digital growth. The project aligns with Vision 2030, strengthening Saudi Arabia’s position…
Prime Highlights: Saudi Arabia launches a digital system that turns real estate into tokens, making it easier for people to invest and modernising property transactions. The Saudi Real Estate Registry…
Prime Highlights: ⦁ Jordan’s tourism revenue rose 7% in the first 11 months of 2025, reaching $7.2 billion, despite a slight dip from 2023 highs. ⦁ The increase was driven…
Prime Highlights: ACWA Power acquires major power and water assets in Bahrain and Kuwait, strengthening its regional presence. The company is also developing a 2.8GW solar project in Saudi Arabia,…
Prime Highlights Khazna Data Centers has appointed Mohammed Bin Hassan as its new Country Head for Saudi Arabia. The company is strengthening its presence in the Kingdom with a major…
Prime Highlights: QCraft plans to introduce self-driving buses and delivery vans in Saudi Arabia and the wider Middle East. The company aims to build a regional network of autonomous vehicles…
Prime Highlights: The National Development Fund (NDF) is helping diversify Saudi Arabia’s economy and create jobs for citizens. Over SR430 billion has been used to set up new funds focused…
Prime Highlights: Saudi Arabia’s economy grew 4.8% in Q3 2025, showing strong performance in both oil and non-oil sectors. Non-oil activities contributed the most to GDP growth, highlighting progress in…
Prime Highlights: Aldar and Mubadala Capital have launched Aldar Capital, a new platform giving international investors access to GCC real estate and infrastructure opportunities. The venture combines Aldar’s real estate…
Prime Highlights: Non-oil businesses in Kuwait, Egypt, and Qatar grew in November, with more orders, higher production, and additional jobs. Companies in the region are optimistic about growth in the…
Prime Highlights: Darktrace is opening its first office in Saudi Arabia as it expands across the Middle East and North Africa. The new Riyadh office will strengthen customer support, local…
Prime Highlights The standard industrial incentives program will help boost industrial investments, support new products, and strengthen local production, aligning with Saudi Vision 2030. The approved projects aim to increase…
Prime Highlights Saudi Arabia’s Public Investment Fund (PIF) sold a portion of its Masar shares, raising over SR950 million and attracting strong demand from institutional investors. The move broadens Masar’s…
Prime Highlights South Korea and the UAE have signed a major strategic agreement to work together on the large-scale Stargate data center project. The partnership expands beyond technology supply to…
Prime Highlights Mastiska has raised $10 million in seed funding to build advanced chips in the UAE. The startup aims to support countries seeking secure, independent technology solutions. Key Facts…
Prime Highlights Saudi investments in Egypt increased in 2024, reaching $25.74 billion across nearly 9,000 companies. Trade between the two countries strengthened, with Egypt reducing its trade deficit to just…
Prime Highlights Saudi Arabia’s weekly POS spending remained strong at over $3 billion despite a slight decrease compared to the previous week. Growth in digital payments continues to support the…
Prime Highlights Four major consortia have won exploration licenses in Saudi Arabia’s eighth mining round, marking a major step in expanding the Kingdom’s mineralized belts. Future mining rounds will cover…
Prime Highlights: Elon Musk’s AI startup, xAI, will be the first client of a new data center in Saudi Arabia powered by hundreds of thousands of Nvidia chips. The project…
Prime Highlights: Barbados is expanding its diplomatic and economic partnerships across Africa, the Middle East, and Asia to attract global investment. UK and European companies are showing rising interest in…
Prime Highlights Nine out of ten UAE-based international businesses plan to invest in Saudi Arabia over the next five years, showing strong confidence in the kingdom’s growth. Technology, innovation, and…
Prime Highlights: Saudi Arabia is becoming a key hub for international insurance and reinsurance companies, attracting growing interest from foreign investors. The workforce in the insurance sector is set to…
Prime Highlight: AD Ports Group signed a $22 million agreement with France’s CMA CGM to acquire a 20% stake in the Latakia International Container Terminal. The deal strengthens UAE–France trade…
Prime Highlights: The Tech Capital will host its first Middle East & Africa Finance Forum on 24 November 2025 in Abu Dhabi, UAE, focusing on finance and digital infrastructure growth.…
Prime Highlights: Saudi Arabia has moved up five places to reach 22nd position in the 2025 World Digital Competitiveness Ranking. The Kingdom’s progress reflects its growing strength as a regional…
Prime Highlights: Saudi Arabia’s POS transactions stayed above $3 billion for the fourth straight week, showing strong consumer activity. The growth of digital payments continues to support the Kingdom’s Vision…
Prime Highlights: Middle Eastern investors are showing strong interest in rare earth and critical minerals, marking a major step in the region’s economic diversification. Critical Metals Corp CEO Tony Sage…
Prime Highlights: Saudi Arabia announces a national company to import scrap metal, aiming to strengthen the steel industry and reduce dependence on imports. The initiative supports Vision 2030 goals, focusing…
Prime Highlights: Aramco CEO Amin Nasser says the global energy shift is more of an “energy addition” than a full transition, with oil and gas remaining essential for decades. The…
Prime Highlights: Abu Dhabi’s delegation signed multiple agreements with US businesses and investors to strengthen trade and investment ties across key sectors. The ADX Investor Conference and Abu Dhabi Investment…
Prime Highlights Saudi Arabia and Greece strengthen cooperation in industrial and mining sectors, focusing on investment, technology exchange, and expertise sharing. The Kingdom invites Greek officials to the fifth annual…
Prime Highlights: Saudi Film Fund has rebranded as Riviera Content. Riviera Content announced two new film investments worth $8.7 million (SR32.5 million). Key Facts: The announcement was made at the…
Prime Highlights: Naheda’s Choice Dubai Chocolate won a blind taste test by taste.com.au, surprising chocolate lovers. Reviewers praised its perfect balance of flavors, texture, and fun, colorful packaging. Key Facts:…
Prime Highlights: Gold prices in Dubai have crossed Dh450 per gram for the first time, with 21K gold surpassing Dh400 per gram. Experts say gold is benefiting from multiple factors,…
Prime Highlights: Saudi Arabia’s hospitality sector grew in H1 2025, with the average daily rate rising 1.9% to SR821.8 ($219.06). The Kingdom aims to attract 150 million visitors a year…
Prime Highlights: Jeddah Transport Co. and Petromin’s Electromin division join forces to expand the city’s EV charging network, marking a key step toward sustainable mobility. The initiative supports Saudi Arabia’s…
Prime Highlights: Adnoc Gas will be included in the FTSE Emerging Index on September 22, 2025. The move is expected to draw in over $250 million in new investmentsand boost…
Prime Highlights Abu Dhabi’s Taqa and its partners have secured financing for two major power plants in Saudi Arabia, boosting the country’s energy capacity. The projects are supported by international…
Prime Highlights: Dubai gold prices continue to rise, moving closer to the Dh400 per gram milestone, signaling strong global demand. Shoppers in the UAE are showing resilience by adapting to…
Prime Highlight: Coinbase CEO Brian Armstrong has made AI adoption mandatory for all engineers, requiring them to use tools like GitHub Copilot and Cursor. Armstrong aims for 50% of Coinbase’s…
Prime Highlights: Saudi Arabia’s greenfield FDI projects crossed 200 in the first half of 2025, marking a 30.1% increase from last year. The United States led investments, contributing 61 projects…
Prime Highlights More than 40,000 Saudi families will gain access to new homes under a major agreement to expand homeownership and stabilize the real estate market. The tripartite deal between…
Prime Highlights Saudi Arabia's money supply jumped 7.6% year-on-year in June to SR 3.12 trillion ($832 billion). Time and savings deposits reached SR 1.1 trillion, a 16-year high, fueled by…
Prime Highlights Alat and New Murabba enter into an MoU for the implementation of AI-driven smart infrastructure and vertical mobility solutions on the Mukaab project. The agreement aligns with Vision…
Prime Highlights Rosewood Hotels & Resorts enters Dubai with beachfront landmark development. The beachfront landmark will feature a luxury hotel and branded residences, opening in 2029. Key Facts The two…
Prime Highlights Four Seasons and ALAIN announce exclusive beachfront residential community on Abu Dhabi’s Saadiyat Island. Project includes villas, mansions, suites, and penthouses, with completion expected by 2029. Key Fact…
Prime Highlights Etihad Airways put first Airbus A321LR into service, gold standard for narrowbody luxury travel. The plane begins service on 1 August 2025 from Abu Dhabi to Phuket. Key…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
Prime Highlights The Strawberry Moon illuminated iconic world landmarks under a rare sky event called the Great Lunar Standstill. From the Dubai deserts to the Parthenon of Athens, photographers captured…
Prime Highlights Influencers are required to apply for a business license prior to seeking a media permit in the UAE. It is punishable with a fine of up to AED…
Prime Highlights : Abu Dhabi suspends Eid Al Adha Mawaqif parking and Darb tolls. Normal charges resume on Monday, June 9, 2025. Key Facts : Integrated Transport Centre (ITC) has…
Prime Highlights: The FDA announced 'Elsa,' a generative AI platform that will help scientific reviewers and investigators simplify intricate workflows. Elsa improves efficiency in activities like summarizing adverse events, clinical…
Prime Highlights: Arada launches 'Akala', Dh5 billion twin-tower luxury and wellbeing complex in Downtown Dubai. Development brings luxury residences, hospitality, and healthy wellbeing together under one umbrella. Key Facts: 220-meter…
Prime Highlights: UAE residents are waiting for long durations for Schengen visas, and in the process, UK travel is attracting interest. The UK offers a super-fast visa service with a…
Prime Highlights : Dubai Taxi Company (DTC) brings over 6,000 taxis onto Bolt's app, adding to e-hailing services in the UAE. The partnership assists Dubai in its vision of digitizing…
Prime Highlights: Dubai 22K gold price fell to Dh352 per gram, the lowest in 30 days. Consumers are even wary even as prices crashed, waiting for further cuts before purchasing.…
Prime Highlights: Saudi Crown Prince Mohammed bin Salman launches ‘Humain’—a government-backed AI firm. The company aims to lead in Arabic-language AI and data infrastructure in the Middle East. Key Facts: …
Prime Highlights: Dubai gold prices are at record levels at AED 409 for gold of 24-carat weight. International gold prices rise following the warning sign of economic slowdown by the…
Prime Highlights: Riyadh Air introduces its opulent Boeing 787-9 Dreamliner cabins with state-of-the-art comfort and futuristic interior design. The airline promises a digitally connected, high-end in-flight experience pre-takeoff in 2025. …
Prime Highlights: Petrol and diesel in the UAE have been cut down for May 2025. The new rate will be valid from May 1, aligned with international prices of oil. …
Prime Highlights Tesla trials in-house ride-hailing using its Full Self-Driving (FSD) Supervised technology in the Bay Area and Austin. It aims to roll out its robotaxi service in Austin in…
Prime Highlights: Google premieres its pioneering AI-driven smart glasses at TED 2025 with real-time translation and memory capabilities. AI-driven glasses based on Google's Gemini AI are built on the latest…
Prime Highlights: Colombia declares national health emergency as yellow fever outbreak widens. 74 reported cases and 34 deaths since 2024 began. Key Facts: Central-western department Tolima has been worst affected…
Prime Highlights Coromandel International signs long-term DAP and NP/NPK supply pact with Saudi Arabian Ma'aden. The pact provides assured and sustainable supply of fertilizers for driving India's agri growth. Key…
Prime Highlights • Google has sent out its April 2025 Android safety fix, which takes care of 62 weak spots. • Two of the holes were key zero-day flaws that…
Prime Highlights: OpenAI gets a $40 billion cash boost from Japan's SoftBank, shooting its worth up to $300 billion. This cash will help AI study, make better tech, and boost…
Prime Highlights: International airlines are tightening their bans on lithium battery-operated devices such as mobile phones and power banks for safety reasons. There were increased reports of lithium battery overheats,…
Prime Highlights: Apple's WWDC 2025 will be held from June 9 to June 13, focusing on software development, such as iOS 19. The event will likely have big news about…
Prime Highlights: ADQ (Abu Dhabi Developmental Holding Company) and Energy Capital Partners (ECP) have formed a 50-50 joint venture worth $25 billion to address energy needs in the U.S. The…
Prime Highlights: The UAE's economy expanded by 3.8% in the first nine months of 2024. The non-oil sector grew by 4.5%, contributing 74.6% to the total GDP. Economic growth is…