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Malaa

Saudi Central Bank Licenses Malaa, Payment Providers Hit 33

Prime Highlights SAMA licenses Malaa for payment account information services, raising providers to 33.   Saudi fintech sector

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Adnoc

Adnoc Accelerates Gas Strategy With Major Umm Shaif Decision

Prime Highlights  Adnoc approves $6.2 billion investment to develop the Umm Shaif Gas Cap by 2030.   The project

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BitDelta Securities

BitDelta Securities Secures Full CMA License In Dubai

Prime Highlights BitDelta Securities receives full CMA Category 5 approval in the UAE and opens a

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Bahrain Bourse

Bahrain Bourse Partners with IDX to Strengthen Digital Investor Relations

Prime Highlights  Bahrain Bourse partnered with IDX to improve digital investor relations.   IDX will assess

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Burjeel

Burjeel And EDGE Group Sign Major UAE Healthcare Deal

Prime Highlights Burjeel Holdings and EDGE Group sign major UAE employee healthcare agreement.   EDGE Group employees

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Autonomous Taxi

Dubai Launches First Free Autonomous Taxi Service in Two Neighborhoods

Prime Highlights Dubai becomes first Gulf city to launch free public autonomous taxi rides.   RTA

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SPPC

SPPC Launches Third Round of Gas-Fired IPP Qualification

Prime Highlights  SPPC has begun qualification for its third gas-fired IPP round, with each project

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Fitch

Fitch Affirms Saudi Arabia’s A Plus Rating, Cites Strong Fiscal Buffers

Prime Highlights Fitch affirms Saudi Arabia’s A Plus sovereign credit rating with a stable outlook.  

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First Quarter

Dubai Economy Maintains Momentum in First Quarter of 2026

Prime Highlights  Dubai’s GDP rose 2.4% year-on-year to AED232 billion in the first quarter of

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Startup

Omani Startup Bags Global Award for Space-Based Food Security Push

Prime Highlights Oman Lens wins bronze at UN’s Good Technology event in Geneva.   Startup earns

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Gasoline

Fujairah Signs Long-Term Gasoline Offtake Deal with Etihad Refinery

Prime Highlights  Fujairah has signed a long-term agreement to buy gasoline produced by Etihad Refinery. 

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Standard Chartered

Standard Chartered Forecasts Stronger UAE Business Growth

Prime Highlights Standard Chartered expects UAE business activity to strengthen, supported by resilient non-oil sectors

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