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Read more about the article Middle East Workforce Leads Global Shift Toward Digital Tools at Work

Middle East Workforce Leads Global Shift Toward Digital Tools at Work

Prime Highlights  Employees across the Middle East are adopting digital workplace tools faster than the global average, showing strong readiness for technological change.  Support from governments and businesses is helping…

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Read more about the article Propeller Launches Kernel Camp to Support MENA Tech Founders

Propeller Launches Kernel Camp to Support MENA Tech Founders

Prime Highlights:  Propeller has launched Kernel Camp, a yearly programme to help early-stage technology founders from the MENA region.  The programme provides founders with mentorship, networking, and resources to develop products and grow their startups.  Key Facts: …

Continue ReadingPropeller Launches Kernel Camp to Support MENA Tech Founders
Read more about the article Oman’s Non-Oil Sector Shines as Trade Diversification Gains Momentum

Oman’s Non-Oil Sector Shines as Trade Diversification Gains Momentum

Prime Highlights:  Oman’s non-oil exports grew 10.3 percent to 5 billion rials, showing strong progress in economic diversification.  Despite a 42% drop in the trade surplus, Oman’s financial sector remains…

Continue ReadingOman’s Non-Oil Sector Shines as Trade Diversification Gains Momentum
Read more about the article Middle East Leads Global Luxury Market Growth as Demand Surges in Tourism and Experiences

Middle East Leads Global Luxury Market Growth as Demand Surges in Tourism and Experiences

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…

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Read more about the article China’s Fountain Set to Invest $100 Million in Egypt’s Textile Industry

China’s Fountain Set to Invest $100 Million in Egypt’s Textile Industry

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…

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Read more about the article NBF Accelerates SME Growth with New Digital Platforms and Strategic Partnerships in the UAE

NBF Accelerates SME Growth with New Digital Platforms and Strategic Partnerships in the UAE

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…

Continue ReadingNBF Accelerates SME Growth with New Digital Platforms and Strategic Partnerships in the UAE
Read more about the article Saudi-Bahraini Investment Co. and Mumtalakat Sign New Deal to Boost Investment Opportunities

Saudi-Bahraini Investment Co. and Mumtalakat Sign New Deal to Boost Investment Opportunities

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…

Continue ReadingSaudi-Bahraini Investment Co. and Mumtalakat Sign New Deal to Boost Investment Opportunities
Read more about the article Siemens Saudi Arabia Targets Over 15% Annual Growth Amid Industrial and World Cup Projects

Siemens Saudi Arabia Targets Over 15% Annual Growth Amid Industrial and World Cup Projects

Prime Highlight  Siemens Saudi Arabia expects annual growth exceeding 15% supported by industrial projects and early 2034 World Cup preparations.  The company is expanding its local presence through accelerated adoption…

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Read more about the article Dubai Gold Prices Rise Amid Festive Demand and Global Market Momentum

Dubai Gold Prices Rise Amid Festive Demand and Global Market Momentum

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…

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Read more about the article Saudi Arabia Eases Rules for Qualified Investors in Nomu to Expand Market Participation

Saudi Arabia Eases Rules for Qualified Investors in Nomu to Expand Market Participation

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…

Continue ReadingSaudi Arabia Eases Rules for Qualified Investors in Nomu to Expand Market Participation
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