Prime Highlights The UAE’s non-oil private sector recorded its strongest growth in 12 months in February, with the S&P Global PMI rising to 55.0, signaling expanding business activity. Growth was…
Prime Highlights Qatar’s real estate sector recorded 99 mortgage deals worth QR4.918 billion in January 2026, reflecting steady market activity, with Doha leading in both deal volume and value. Officials highlighted…
Prime Highlights The UAE Central Bank is partnering with Core42 to create a sovereign financial cloud to secure banking data and support AI services. The platform will enable banks to…
Prime Highlights The global Islamic fintech industry is projected to grow strongly, reaching $341 billion by 2029, driven by rising demand for digital financial services and Shariah-compliant assets. Saudi Arabia,…
Prime Highlights Accor plans to expand its global network and strengthen its loyalty program to drive future growth. The company will sell its stake in Essendi and use the proceeds…
Prime Highlights Saudi Arabia’s POS transactions remained above $4 billion in the week ending Feb. 14, reflecting steady consumer activity despite a slight weekly decline. Spending on furniture, electronics, and…
Prime Highlights Saudi Steel Pipe Co. reported a net profit of SR192 million ($51.19 million) in 2025, up 6.08% from 2024, driven by land settlement compensation, lower finance costs, and…
Prime Highlights Sustainable bond issuance in the Middle East is expected to reach $20–25 billion in 2026, showing strong regional demand despite a global slowdown. Saudi Arabia and the UAE…
Prime Highlights Saudi Arabia is boosting cooperation with European partners in pharmaceuticals, trade, and critical minerals. The initiative supports Vision 2030 goals to localise high-tech manufacturing and build resilient supply…
Prime Highlights Saudi Arabia raised 86 billion ($2.09 billion)in February via a domestic sukuk issuance, a sharp increase from January’s SR2.26 billion, reflecting a growing focus on Shariah-compliant funding. The…