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…