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Saudi Inflation Steady at 2.1% as Housing and Food Costs Rise

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

Saudi PIF

Saudi PIF and RSAH to Build Major Aluminum Complex in Yanbu

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

Future Minerals

Future Minerals Forum Launches Global Tool to Boost Investment and Track Critical Minerals

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

Saudi Arabia

Saudi Arabia and Japan Strengthen Economic Ties with 12 New Cooperation Agreements

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

Saudi Consumer

Saudi Consumer Spending Surges at Start of 2026, POS Transactions Hit SR17 Billion

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

Saudi Arabia

Saudi Arabia’s Perfume Market Sees Rising Investment Amid Strong Domestic and Gulf Demand

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

FDI

Saudi Arabia Sees Investment Boom, FDI Set to Grow Fivefold by 2025

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

Saudi Arabia

Saudi Arabia Opens Small Door to Alcohol, Signaling Opportunities for Global Hospitality

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

SmartOasis

SmartOasis Launches First Phase of Refurbished Apartments in Riyadh

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

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