Saudi Arabia Calls for Bids to Boost Power Supply for Expo 2030
Prime Highlights ⦁ Saudi Arabia invites bids for the power substations project for Expo 2030. ⦁ The project aims to strengthen the electricity supply in Riyadh ahead of the global…
Dividend season drives $939m trading surge on Abu Dhabi Securities Exchange
Prime Highlights ⦁ Trading on the Abu Dhabi Securities Exchange reached a record $939 million in a single day during the dividend season. ⦁ Increased investor interest boosted liquidity in…
DP World Appoints Ahmad Yousef Al-Hassan as New GCC CEO to Lead Regional Logistics Operations
Prime Highlights: DP World has appointed Ahmad Yousef Al-Hassan as CEO and Managing Director for the GCC. Al-Hassan succeeds Abdulla Bin Damithan, who recently became chairman of the Ports, Customs…
Jeddah Islamic Port Set to Boost Saudi Arabia’s Role as Regional Logistics Hub
Prime Highlights: Saudi Arabia’s logistics sector is prepared to manage a sudden rise in cargo shipments if Gulf trade routes shift, with Jeddah Islamic Port expected to play a major role. Experts say…
Saudi Energy Firm ACWA Reports Strong Growth and Record Projects
Prime Highlights- ACWA’s profits rose sharply in 2025, supported by increased projects, smooth operations, and higher electricity production. The company completed 15 major projects worth 70 billion riyals, marking its…
Saudi Arabia’s Non-Oil Exports Soar to Record Levels, Led by Machinery and Electrical Equipment
Prime Highlights Saudi Arabia’s non-oil exports reached SR97.5 billion ($25.9 billion) in Q4 2025, marking the highest quarterly level since 2017. The machinery and electrical equipment sector led growth, rising…
Riyadh’s Qiddiya Bullet Train to Cut Travel Time by 75%, Boost Real Estate and Tourism Growth
Prime Highlights The Qiddiya Bullet Train will reduce travel time between Qiddiya, King Salman International Airport and King Abdullah Financial District to just 30 minutes, strengthening connectivity across Riyadh. The Red Line extension…
Saudi Arabia Boosts Industry with Advanced Factories in Sudair City
Prime Highlights: Bandar Alkhorayef, Minister of Industry and Mineral Resources, inaugurated several new factories in Sudair City to strengthen the Kingdom’s food, pharmaceutical, and construction sectors. The new facilities support…
MSC Names Vessel After Saudi Arabia, Opens Major Logistics Center in Dammam
Prime Highlights: MSC inaugurated a state-of-the-art logistics center at King Abdulaziz Port in Dammam, marking a major step in the Kingdom’s transport and logistics sector. One of MSC’s international vessels…
Saudi Arabia Opens Doors for Private Investment in Mega Infrastructure Projects
Prime Highlights: Saudi Arabia’s National Development Fund (NDF) is driving private sector investment, supporting major projects like the Neom Green Hydrogen Project. Investors across sectors, including industry, renewable energy, mining, and…