Prime Highlights Saudi Arabia recorded strong economic growth in 2025, driven by solid performance in both oil and non-oil sectors. The steady expansion reflects continued progress in economic diversification and…
Prime Highlight Saudi Arabia unveiled a new national privatisation strategy targeting $64 billion in private capital investments by 2030 to support infrastructure and economic transformation. The plan expands public-private partnerships across 18…
Prime Highlights Saudi Arabia’s Global Labor Market Conference opened with over 45 agreements aimed at creating thousands of training and employment opportunities. The deals focus on future-ready skills, digital work…
Prime Highlight Saudi Arabia’s construction costs saw no change in December, maintaining a 1.1% year-on-year increase for the second consecutive month. Stable costs reflect steady prices for materials, equipment rentals, and ongoing…
Prime Highlight Dubai World Trade Centre and Informa Group have partnered to launch inD, a unified platform combining over 40 major B2B trade events. The initiative aims to strengthen Dubai’s global…
Prime Highlight Fitch Ratings has affirmed Saudi Arabia’s sovereign credit rating at A+ with a stable outlook, highlighting its robust fiscal position and strong external balance sheet. The Kingdom’s economic…
Prime Highlight Comera Pay has introduced a digital payment platform in the UAE, enabling merchants to accept cards, mobile wallets, QR codes, and online payments. The solution aims to simplify transactions,…
Prime Highlight Saudi Arabia signed three international agreements to enhance cooperation in mining and minerals with Chile, Canada, and Brazil. The move strengthens the Kingdom’s global partnerships and positions it as a key…
Prime Highlight: Saudi Arabia emerged as the largest IPO market in the GCC in 2025, raising $4.1 billion, nearly 80% of the region’s total proceeds. The strong performance signals growing investor confidence in Saudi capital markets…
Prime Highlight: Saudi Arabia’s Business Confidence Index climbed to 62 points in December, reflecting strong optimism across the non-oil economy. The rise signals continued confidence in economic stability and growth, with industry,…
Prime Highlight: Strong demand in Saudi Arabia and the UAE is making the MENA region a bright spot for the global consumer packaged goods industry. Companies are urged to innovate…
Prime Highlight: Exhibitions and large events in the Middle East are now seen as engines for economic growth, attracting investment and boosting global presence. Saudi Arabia’s Vision 2030 and similar regional initiatives…
Prime Highlights: Sovereign wealth funds worldwide invested a record $66 billion in AI and digital projects in 2025, reflecting technology’s role as a core growth engine. Middle East funds, led by Abu Dhabi’s…
Prime Highlight EmCoin and Hotdesk signed an MoU during Abu Dhabi Finance Week to explore launching the DESK Token ICO in 2026, positioning Abu Dhabi as a hub for hybrid digital assets. The planned DESK…
Prime Highlight The UAE is attracting startups by offering modern infrastructure, supportive policies, and high user demand for smart mobility solutions like e-scooters and bicycles. Leading companies such as Careem, Tier, FENIX, Lime,…
Prime Highlights: IT services spending in MENA is expected to rise to 26–28% of total IT budgets by 2030, driven by system integration, cloud adoption, and managed services. Companies that combine technical expertise with…
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…
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: …
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…
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 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…
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…
Prime Highlight Saudi Arabia attracted $173 billion in investment commitments from major events, including the Biban Forum, TOURISE Summit, and Future Investment Initiative. The investments support the Kingdom’s goals of economic diversification,…
Prime Highlight Saudi Arabia will host its first Atlantis and One&Only resorts through a $2.03 billion joint venture. The resorts will combine luxury hospitality, iconic attractions, and sustainable design, reinforcing the Kingdom’s Vision 2030 goals…
Prime Highlight A new HSBC report reveals that nine out of ten UAE-based international businesses plan to invest in Saudi Arabia. Companies view Saudi Arabia as central to regional and…
Prime Highlights Consello has partnered with HAO Strategies to combine global advisory expertise with regional knowledge, aiming to help institutions and corporations strengthen engagement in the UAE. Al Otaiba will…
Prime Highlight: Investors pledged almost $2 million toward 13 fintech startups during live pitch sessions at Biban Forum 2025. The event strengthens Saudi Arabia’s entrepreneurial ecosystem and showcases growing confidence…
Prime Highlights: ZenaTech has expanded its Sharjah facility by 15,000 sq. ft., enhancing manufacturing and R&D capacity for its AI-powered drones. The company plans modular assembly lines for its ZenaDrone…
Prime Highlights Cisco and UAE-based G42 have joined forces to develop a cutting-edge AI infrastructure in the United Arab Emirates, supporting the nation’s long-term AI and digital transformation goals. The…
Prime Highlight Alibaba Group has opened its second data centre in Dubai, underscoring its commitment to expanding its global cloud computing network and focus on the Middle East’s digital economy. …
Prime Highlights: e& UAE has signed an MoU with Google Cloud to deploy Google Apigee, aiming to improve API management and strengthen digital infrastructure. The partnership will support faster service…
Prime Highlight Titanium Escrow has managed over $5 billion in secured transactions since its 2020 launch, covering nearly 500 deals across M&A, real estate, private capital, and infrastructure. In 2025…
Prime Highlight UAE’s MBZUAI develops K2 Think, an open-source AI model that matches the reasoning capabilities of top U.S. and Chinese systems. K2 Think demonstrates Abu Dhabi’s ambition to become…
Prime Highlight The UAE ranked second most attractive emerging marketin the Kearney FDI Confidence Index 2025, after China. Major multinational firms, including PayPal and Veon, opened regional or global headquarters…
Prime Highlights: Parkin and Charge&Go sign 10-year partnership to deploy 200 DC fast chargers across Dubai Charging time to be cut to under 30 minutes Key Facts: Project supports Dubai…
Prime Highlights Saudi Arabia has launched a 14‑member cross‑sector Advisory Board to guide TOURISE's strategic vision and inaugural summit on 11–13 November, 2025, in Riyadh. The board unites world tourism,…
Prime Highlights Emirates Flight Catering lays foundation for a new AED 160 million state-of-the-art laundry facility at Dubai Investment Park. The new Linencraft facility will add over 50% capacity and…
Prime Highlights: Standard Chartered introduces the UAE's first escrow and account bank sustainable solution. The solution connects client money with proven green and sustainable finance projects. Key Fact: The solution…
Prime Highlights Saudi Arabia launches a leading top-down AI Readiness Index for facilitating government AI maturity. AI is expected to contribute $235 billion, or 12.4% of GDP, by 2030. Key…
Prime Highlights Saudi realty transactions amounted to SR1.2 trillion over two years. More than 8 million realty deals and 86,000 licensed agents registered. Key Facts 2022 Real Estate Brokerage Law…
Prime Features 836 ft JW Marriott Marquis Dubai, tallest hotel in the world. Two towers have 1,608 rooms, large event space, and nine restaurants with diverse cuisine. Key Facts 804 rooms…
أبرز النقاط احتفل الشيخ محمد بن راشد آل مكتوم، نائب رئيس دولة الإمارات العربية المتحدة ورئيس مجلس الوزراء وحاكم دبي، بعيد ميلاده السادس والسبعين في 15 يوليو 2025. تميزت المناسبة…
Prime Highlights King Faisal Specialist Hospital's Dr. Majid Al-Fayyad appointed adviser to Royal Court of Saudi Arabia. Brought with him more than three decades of pediatrics, cardiology, and healthcare leadership…
Prime Highlights: Saudi Arabia to host Cultural Week in Osaka from July 12–15 to celebrate 70 years of Saudi–Japan diplomatic relations. The week will ring with Arabic calligraphy, heritage arts,…
Key Points: Emirates has advanced the launch of Airbus A350 service on Dubai–Muscat route by a week to cater to additional summer holiday travel numbers. Improved service features overnight flights…
