Prime Highlights: Saudi Arabia’s Operating Revenue Index rose 5% year on year in November, led by strong growth in manufacturing, trade, and construction. Rising wages and non-oil sector expansion show…
Prime Highlights The IMF has upgraded Saudi Arabia’s economic growth forecast for 2026 to 4.5%, citing higher oil production, strong domestic demand, and ongoing economic reforms. The fund expects broader…
Prime Highlights: Gulf Cooperation Council economies are expected to grow 4.4% in 2026, supported by rising non-oil activity and investments. Saudi Arabia leads the momentum with strong non-oil sector growth,…
Prime Highlight Saudi Arabia emerged as the region’s most active venture capital market in 2025, driving a 145% year-on-year funding increase and recording 257 deals. The Middle East venture ecosystem…
Prime Highlight Saudi Arabia recorded over 8.2 billion e-invoices in 2025, up 64% from the previous year. The growth is driven by the integration and linking phase, connecting taxpayer systems to the Fatoorah platform. …
Prime Highlights Saudi Arabia’s 2026 borrowing plan focuses on keeping debt under control while raising funds from local and international sources through bonds, sukuk, and loans. The plan also emphasizes…
Prime Highlights The 2025 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC)will gather global energy leaders, innovators, and investors to discuss the future of sustainable energy. The event aims to…
Prime Highlights Saudi Arabia opened subscriptions for its November “Sah” savings sukuk, offering a 4.71% annual return as part of efforts to boost personal savings under Vision 2030. The initiative…
Prime Highlights: Saudi Arabia’s Vision 2030 program is making steady progress, with 85 percent of its goals already achieved or on track for completion by the end of 2024. The…
Prime Highlight The UAE Central Bank launched Nebras, a framework to license Open Finance providers and strengthen the nation’s digital financial ecosystem. The move positions the UAE among global leaders…