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Mawani

Mawani, Saudi Global Ports Sign SAR2 Billion Jubail Port Expansion Deal

Prime Highlights Mawani and Saudi Global Ports signed a SAR2 billion concession agreement to expand and modernise the container terminal at Jubail Commercial Port. The

GDP

Saudi GDP rises 3% in Q1 2026 as non-oil sector leads economic expansion

Prime Highlights Saudi Arabia’s GDP grew 3 percent year on year in the first quarter of 2026, with non-oil activities contributing the largest share of

South African Investment in Dubai

South African Investment in Dubai Tops $294 Million in Five Years

Prime Highlights South African investment in Dubai has reached over $294 million in five years, showing strong economic growth.   Dubai is expanding its global trade

ADNOC

ADNOC Joins UAE’s New National Industrial Fund as First Partner

Prime Highlights  UAE launched the AED1 billion National Industrial Resilience Fund with ADNOC as its first partner.   The fund will support local factories, supply chains and industrial

Masdar

UAE’s Masdar Targets 100 GW as It Celebrates Two Decades

Prime Highlights  Masdar completed 20 years and expanded into a global clean energy leader.   The company targets 100 GW capacity by 2030 with major investments

Savoye

Savoye Appoints Hakim Ramadan to Lead Middle East Growth

Prime Highlights  Savoye appoints Hakim Ramadan to lead Middle East operations and growth strategy.   Rising demand for automation and e-commerce is driving regional logistics expansion.   Key Facts 

Elsewedy Electric

Elsewedy Electric Expands Power Infrastructure in Saudi Arabia

Prime Highlights  Elsewedy Electric is building six substations to boost Saudi Arabia’s power network.   Projects aim to improve electricity reliability and support growing energy demand.   Key

Power Infrastructure

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

Turki AlNefaie

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

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