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M&A Deal

Saudi Arabia Records Strong Growth in M&A Deal Activity

Prime Highlights Saudi Arabia recorded 24 M&A deals worth $689 million, showing steady growth in

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MoU

New MoU Links UAE and Bahrain Institutions to Develop Regional Maritime Talent

Prime Highlights Dr Al Wahedi said aligning academic excellence with industry needs will shape the

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CARICOM

UAE Pushes for CARICOM Economic Partnership After Suriname Foreign Ministers Summit

Prime Highlights UAE expressed interest in a broader economic partnership agreement with CARICOM. Caribbean ministers

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Workplace

English Skills Gain Importance in Saudi Arabia’s AI-Driven Workplace

Prime Highlights- English proficiency is becoming increasingly important in Saudi Arabia’s AI-driven business environment. Arabic

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Saudi Arabia’s Economic Strength Secures Stable Aa3 Rating

Prime Highlights- Moody’s affirmed Saudi Arabia’s “Aa3” credit rating with a stable outlook, citing economic

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Kreab Worldwide

Kreab Worldwide Expands Into Middle East With Riyadh Office

Prime Highlights- Kreab Worldwide opened its first Middle East office in Riyadh. The company aims

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EDGE Group

EDGE Group to Acquire Controlling Stake in Italian Engine Maker CMD

Prime Highlights EDGE Group signed an agreement to acquire a controlling stake in Italian propulsion

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Gulf Air

Gulf Air Launches First Starlink-Equipped Commercial Flight

Prime Highlights Gulf Air launched its first Starlink-equipped commercial flight with complimentary high-speed internet access

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Qatar Chamber

Qatar Chamber highlights private sector role in environmental sustainability

Prime Highlights Qatar Chamber highlighted the importance of private sector participation in achieving environmental sustainability

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Cargo

K-Mile Air Launches First Direct Cargo Link Between Abu Dhabi and Northern Thailand

Prime Highlights Departing freighter volumes from Abu Dhabi surged 251% — the sharpest growth metric

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Savola

Savola Reports 50% Jump in Profit on Strong Food Unit Performance

Prime Highlights Savola’s net profit jumped over 50 percent, supported by strong food processing performance

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OPEC+

OPEC+ Nations Agree to Boost June Oil Output Amid Market Stability Push

Prime Highlights: OPEC+ producers agreed to increase oil output by 188,000 barrels per day in

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