Khazna Strengthens Saudi Footprint as Mohammed Bin Hassan Steps in as Country Head
Prime Highlights Khazna Data Centers has appointed Mohammed Bin Hassan as its new Country Head for Saudi Arabia. The company is strengthening its presence in
QCraft Expands into Saudi Arabia, Bringing Safer and Greener Self-Driving Vehicles
Prime Highlights: QCraft plans to introduce self-driving buses and delivery vans in Saudi Arabia and the wider Middle East. The company aims to build a
Saudi Arabia’s NDF Drives Economic Growth with SR430 Billion Investment Boost
Prime Highlights: The National Development Fund (NDF) is helping diversify Saudi Arabia’s economy and create jobs for citizens. Over SR430 billion has been used to
Saudi Arabia’s Economy Soars 4.8% in Q3 2025, Driven by Oil and Non-Oil Growth
Prime Highlights: Saudi Arabia’s economy grew 4.8% in Q3 2025, showing strong performance in both oil and non-oil sectors. Non-oil activities contributed the most to
Aldar Capital Launches to Connect Global Investors with GCC Real Estate
Prime Highlights: Aldar and Mubadala Capital have launched Aldar Capital, a new platform giving international investors access to GCC real estate and infrastructure opportunities. The
Arab Non-Oil Sector Sees Strong Growth in November Across Kuwait, Egypt, and Qatar
Prime Highlights: Non-oil businesses in Kuwait, Egypt, and Qatar grew in November, with more orders, higher production, and additional jobs. Companies in the region are
Darktrace Boosts Middle East Presence with First Saudi Office in Riyadh
Prime Highlights: Darktrace is opening its first office in Saudi Arabia as it expands across the Middle East and North Africa. The new Riyadh office
Saudi Arabia Launches $523 Million Industrial Incentives Program to Boost Local Production
Prime Highlights The standard industrial incentives program will help boost industrial investments, support new products, and strengthen local production, aligning with Saudi Vision 2030. The
PIF Sells Part of Masar Stake, Expands Investor Base and Boosts Market Confidence
Prime Highlights Saudi Arabia’s Public Investment Fund (PIF) sold a portion of its Masar shares, raising over SR950 million and attracting strong demand from institutional