Prime Highlights The Middle East remains the fastest-growing luxury market, rising by 5% even as global luxury spending stays flat. Strong tourism in the UAE and steady demand in Saudi…
Prime Highlights: Chinese textile giant Fountain Set will invest $100 million in a new spinning and weaving facility in Egypt. The project is expected to create around 1,500 jobs and…
Prime Highlights: NBF is advancing digital solutions to support UAE SMEs, helping businesses onboard quickly and manage operations efficiently through platforms like NBF EDGE. The bank enhances payment and banking…
Prime Highlight: SBIC and Mumtalakat signed a new agreement to deepen investment cooperation in Bahrain. The deal focuses on launching a joint investment program to support economic growth in both…
Prime Highlights Dubai gold prices climbed, with 22-carat at Dh473 per gram and 24-carat at Dh511.50, driven by strong festive demand and global market trends. Investors anticipate US Federal Reserve…
Prime Highlights: CMA updates eligibility rules, allowing bachelor’s degree holders in finance, investment, and accounting to trade on Nomu. Minimum trading requirements for individual investors reduced from SR40 million over…
Prime Highlight Buildroid AI raised $2 million in a pre-seed round led by Silicon Valley investor Tim Draper to accelerate the deployment of AI-powered construction robots in the UAE. The…
Prime Highlight The Initial Saudi Group has introduced Saudi Arabia’s first mobile engineering service, offering fast, flexible, and cost-efficient building maintenance for SMEs. The service replaces traditional on-site engineering with…
Prime Highlights The UAE made its first central bank digital currency (CBDC) payment to China via the new Jisr platform, enhancing cross-border digital payments. The move strengthens financial cooperation, connecting…
Prime Highlight: SAMI Aerospace has signed multiple commercial agreements to enhance aviation capabilities, including partnerships with SkyFive Arabia, Jazeera Airways, Alpha Star Aviation, and ARTS Group. The deals position SAMI Aerospace as…
