Prime Highlights: Egypt’s non-oil exports posted strong growth in 2025, reflecting improved global demand and stronger trade performance. The country’s trade deficit continued to narrow, supporting economic stability and long-term…
Prime Highlights: Saudi Arabia introduced the Industry & Mining Occupations & Skills Framework to standardise job roles and skill requirements in the mining and industrial sectors. The framework aims to…
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…
Prime Highlights GITEX Global will be rebranded as GITEX TechCation in 2026, offering an expanded and more immersive technology experience in Dubai. The event will merge technology, tourism, and culture,…
Prime Highlight Oman has officially opened the Hadatha Center for Cybersecurity Manufacturing at Middle East College to drive innovation, research, and entrepreneurship in cybersecurity. The center aims to make Oman…
Prime Highlights: WideBot is the first Arab company to launch an AI Voice Agent for WhatsApp Business Calls, setting a new benchmark for AI-driven customer communication in the region. The…
Prime Highlights: Start-ups at Dubai’s leading incubator, in5, have raised over AED 9 billionsince its inception, showing Dubai’s growing role as a global hub for innovation and entrepreneurship. in5 continues…
Prime Highlights: The UAE luxury jewelry market is projected to grow at 10.36% annually, fueled by high-spending consumers, tourism, and the cultural importance of jewelry in weddings and traditions. Global…
Prime Highlights During a three-day visit to New York, a UAE delegation led by Ahmed Jasim Al-Zaabi signed multiple agreements to boost cooperation in startups, digital infrastructure, new energy, and…
Prime Highlights: Saudi Arabia launches the October “Sah” savings sukuk, offering a 83% annual returnto investors. The initiative is part of Vision 2030and aims to boost domestic savings and financial…
Prime Highlight: 360 foreign direct investment projects worth $351 billionhave boosted the Arab electricity and renewable energy sector, creating over 83,000 jobs since 2003. Egypt, Morocco, UAE, Mauritania, and Jordan accounted…
Prime Highlights: Oman’s private sector lending rose to 21.3 billion rials ($55.4 billion) by July 2025, showing steady growth in business financing. S&P affirmed Oman’s economic stability, forecasting GDP growth…
Prime Highlight Space42 partners with Microsoft to launch the UAE’s first Sovereign Mobility Cloud, enabling secure, autonomous mobility solutions. The platform ensures all data remains in the UAE while supporting…
Prime Highlight The UAE government has launched a program to train 10,000 young Emiratis and create 30,000 jobs by 2030. The initiative is supported by ae, a platform providing mentorship,…
Prime Highlights: Saudi Arabia signs a memorandum of understanding with Boeing to boost advanced air mobility and modernize the aviation sector. Riyadh Air, the Kingdom’s second national airline, is set…
Prime Highlights Abu Dhabi has opened the first Nvidia AI Technology Center in the Middle East, in partnership with the Technology Innovation Institute (TII). The center will focus on AI-driven…
Prime Highlight Saudi Arabia has climbed to 46th place in the Global Innovation Index 2025, improving from 66th in 2021 and 47th in 2024. The Kingdom’s progress reflects Vision 2030…
Prime Highlight Saudi Arabia will roll out Google Pay nationwideand introduce Alipay+ services by 2026, boosting cashless payments. The initiatives align with Vision 2030 goalsto make 70% of all transactions…
Prime Highlight The UAE’s hotel industry welcomed 1 million guests in H1 2025, marking a 5.5% growthcompared to last year. Minister Abdullah bin Touq Al Marri emphasized that government–business collaborationis…
Prime Highlight Luxury For You launches as a digital-first luxury shopping platform in Dubai, offering over 100,000 products across fashion and home décor with a total value exceeding $300 million.…
Prime Highlights: Saudi Arabia has launched its first residential mortgage-backed securities (RMBS), opening new investment opportunities and supporting the growth of the housing finance sector. The initiative aligns with Vision…
Prime Highlight EFG Hermes has partnered with Denmark’s Kenzi Wealth to launch One Advisor, a digital investment advisory platform. The service is integrated into the EFG Hermes ONE app, offering…
Prime Highlights Sharjah to host the 56th Watch and Jewellery Middle East Show from 24–28 September 2025, featuring over 500 exhibitors from 21 countries. The exhibition reinforces Sharjah’s global role…
Prime Highlight Rothschild & Co has signed a referral agreement with Liechtensteinische Landesbank (LLB) to take over its UAE business, including CHF 1 billion in client assets and 20 employees.…
Prime Highlight Humain, Saudi Arabia’s AI company, has launched “Humain Chat,” an Arabic-first AI chatbot designed to serve 400 million Arabic speakers and 2 billion Muslims worldwide. The chatbot is…
Prime Highlights: ACWA Power has secured $3.4 billion financing to build two major gas-fired power plants in Saudi Arabia, adding 3.6 gigawatts to the national grid. The projects support Saudi…
Prime Highlights UAE is emerging as a global leader in AI-powered tourism and hospitality. Hotels are adopting contactless check-ins, smart entry, personalization, and real-time analytics to enhance guest experience. Over…
Prime Highlights ADNH Catering increases ownership in Saudi-based Compass Arabia from 30% to 50% Financial results of Compass Arabia will be added to ADNH Catering’s books from August Key Facts…
Prime Highlights OPEC+ to raise September 2025 oil production by 547,000 bpd. The complete roll-back of the group's voluntary production cut of 2.2 million bpd in 2023. Key Fact Month-by-month…
Prime Highlights TELUS Digital opens Dubai Middle East office as regional HQ for digital transformation. TELUS Digital to create AI-driven CX and enterprise automation with UAE's AI 2031 strategy. Key…
Prime Highlights Estithmar Holding recorded a 97% increase in net profit to QAR 465 million (≈ $128 million) during H1 2025. Revenue increased 87% year-on-year at QAR 3.073 billion, underpinned…
Prime Highlights Spartan Middle East hosts its inaugural Trifecta Weekend in Al Ain Zoo with Sprint, Super, Beast, and Kids races. The event is a two-day event on October 11–12,…
Prime Highlights 22 new mining exploration licenses were issued in H1 2025, an increase of 144% YoY. Investment was more than SR 134 million with estimated mineral production of 7.86…
Prime Highlights Saudi Arabia allocates SR 19 billion ($5 billion) of investment pledges towards rebuilding Syria after the war. They span from tourism and energy, to infrastructure and real estate.…
Prime Highlights Saudi Arabia launches business travel visas between Saudi Arabia and Syria in order to promote bilateral economic cooperation. A Saudi–Syrian Investment Forum is scheduled to be conducted in…