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Saudi Money Supply Soars to SR 3.12 Trillion as Savers Flock to Time Deposits

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,

Saudi’s Mukaab Megaproject to Integrate Smart Tech Through PIF-Backed Collaboration

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.

Rosewood to Launch Ultra-Luxury Hotel & Residences on Dubai’s Iconic Jumeirah Beach by 2029

Prime Highlights Rosewood Hotels & Resorts enters Dubai with beachfront landmark development. The beachfront landmark will feature a luxury hotel and branded residences, opening in

Four Seasons and ALAIN Unveil Beachfront Residences on Saadiyat Island

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

Etihad Airways Welcomes First A321LR in Abu Dhabi Ahead of August Launch

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

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

Binghatti Profit Soars in 2025 on Dubai Luxury Demand

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

Travis Scott Brings Circus Maximus Tour to Abu Dhabi

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

Tasama Launched by PIF to Boost Saudi Business Services

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.

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Latest Posts

Saudi Money Supply Soars to SR 3.12 Trillion as Savers Flock to Time Deposits

Saudi Money Supply Soars to SR 3.12 Trillion as Savers Flock to Time Deposits

Saudi’s Mukaab Megaproject to Integrate Smart Tech Through PIF-Backed Collaboration

Saudi’s Mukaab Megaproject to Integrate Smart Tech Through PIF-Backed Collaboration

Rosewood to Launch Ultra-Luxury Hotel & Residences on Dubai’s Iconic Jumeirah Beach by 2029

Rosewood to Launch Ultra-Luxury Hotel & Residences on Dubai’s Iconic Jumeirah Beach by 2029