Prime Highlights SPPC has begun qualification for its third gas-fired IPP round, with each project planned at 1,800 MW capacity. Projects will use CCGT technology and be built to support…
Prime Highlights Fitch affirms Saudi Arabia's A Plus sovereign credit rating with a stable outlook. Kingdom's government debt and net foreign assets remain stronger than similarly rated global peers. Key Facts Fitch…
Prime Highlights Dubai's GDP rose 2.4% year-on-year to AED232 billion in the first quarter of 2026. Human Health and Social Work Activities led sector growth at 17.5%. Key Facts Construction grew 8.2%,…
Prime Highlights Oman Lens wins bronze at UN's Good Technology event in Geneva. Startup earns praise for using satellite imagery to boost food security. Key Facts UN dialogue drew representatives…
Prime Highlights Fujairah has signed a long-term agreement to buy gasoline produced by Etihad Refinery. The refinery's first phase will process naphtha into Euro 5-grade gasoline with a capacity of…
Prime Highlights Standard Chartered expects UAE business activity to strengthen, supported by resilient non-oil sectors and easing regional tensions. Domestic consumption, investment and improving trade flows are set to drive…
Prime Highlights Leaders at the UAE's Innovate through Resilience Summit 2026 position resilience as a top strategic priority for business and governance. The summit introduces "Kinetic Resilience," bringing cyber security,…
Prime Highlights IMSIU strengthens its position as a leading academic institution pursuing international partnerships with Japan. The meeting marks one of the latest steps in growing academic cooperation between Saudi…
Prime Highlights Arab Bank Switzerland launches ABS (Middle East) Ltd in DIFC, naming Samir Atitallah as CEO. The group manages nearly $25 billion in assets under management following decades of…
Prime Highlights Larsen & Toubro has won the FEED contract for Meranti Green Steel’s 2.5 million tonnes per annum green iron project in Oman. The project will use renewable energy…