Kuwait Boosts Power Infrastructure with New Heisco Deal
Prime Highlights Heisco wins $186.4 million power infrastructure contract in Kuwait. Project aims to improve electricity supply and strengthen energy network. Key Facts Contract awarded by
MEDGULF Saudi Arabia Promotes Turki AlNefaie to Director of Legal Affairs
Prime Highlights ⦁ Turki AlNefaie has been promoted to Director of Legal Affairs at MEDGULF Saudi Arabia. ⦁ The appointment reflects his more than a decade of
Saudi mining company posts strong 2025 results as profit climbs sharply
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
Saudi Aramco Begins Jafurah Gas Production, Launches Tanajib Plant to Boost Output
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.
Saudi Ports Handle 738,111 TEUs in January as Transshipment Volumes Jump 22%
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
Saudi Arabia Aims to Become World’s Largest Exporter of AI Tokens with Gigawatt-Scale Data Centers
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
Emerging Markets Lead Global Growth as Saudi Arabia Calls for Stronger Cooperation
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.
HRDF Achieves Record Employment and Training Milestones in 2025
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
Saudi Aramco Raises $4 Billion in Global Bond Sale on Strong Investor Confidence
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