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Saudi Investment Surge Boosts Egypt as Trade Balance Hits Five-Year High

Saudi Investment Surge Boosts Egypt as Trade Balance Hits Five-Year High

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

Saudi POS Spending Stays Strong Above $3 Billion as Digital Payments Grow

Saudi POS Spending Stays Strong Above $3 Billion as Digital Payments Grow

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

Saudi Arabia’s Mining Industry Attracts Global Investors as Exploration Zones Expand

Saudi Arabia’s Mining Industry Attracts Global Investors as Exploration Zones Expand

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.

Elon Musk’s xAI Becomes First Customer of Saudi Arabia’s Massive Nvidia-Backed Data Center

Elon Musk’s xAI Becomes First Customer of Saudi Arabia’s Massive Nvidia-Backed Data Center

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

Barbados Expands Global Partnerships to Attract Investment and Drive Green Growth

Barbados Expands Global Partnerships to Attract Investment and Drive Green Growth

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

Saudi Arabia Emerges as Top Investment Destination for UAE-Based International Businesses

Saudi Arabia Emerges as Top Investment Destination for UAE-Based International Businesses

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

Saudi Arabia Global Hub for Insurance Growth

Saudi Arabia Emerges as a Global Hub for Insurance and Reinsurance Growth

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

AD Ports Group Buys 20% of Latakia Port for $22M

AD Ports Group Acquires 20% Stake in Syria’s Latakia Container Terminal for $22 Million

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.

Tech Capital Hosts MEA Finance Forum in Abu Dhabi

Tech Capital to Host First Middle East & Africa Finance Forum in Abu Dhabi

Prime Highlights: The Tech Capital will host its first Middle East & Africa Finance Forum on 24 November 2025 in Abu Dhabi, UAE, focusing on

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