Prime Highlights: Saudi Aramco’s iktva program has achieved 70% local content, marking a major milestone in strengthening domestic manufacturing and industrial capacity. The company aims to raise local content in…
Prime Highlights: Ceer is signing $990 million in commercial contracts, moving from planning to active execution in Saudi Arabia’s EV market. The company plans to boost the economy by SR30…
Prime Highlights: The Tadawul All Share Index rose slightly on Wednesday, showing steady market activity. Al Majed Oud Co., Advanced Building Industries, and Al Kathiri Holding led the gains with…
Prime Highlights: Qatar aims to strengthen its venture capital ecosystem and support local startups as it diversifies beyond fossil fuels. QIA’s “Fund of Funds” initiative brings international venture capital firms…
Prime Highlights: Saudi Arabia opens the second 2026 round of its “Sah” savings program, offering a fixed 4.58% annual return to individual investors. The program aims to boost domestic savings,…
Prime Highlights : Crude steel production in Arab countries grew 7.2% during January–October 2025, driven by strong demand and expanding industrial capacity. Saudi Arabia and North African countries, particularly Algeria…
Prime Highlights : The Arab African Investors Association will host the Arab-African Global Business Summit in Cairo to strengthen economic ties and cooperation between the regions. The summit aims to…
Prime Highlight: Aramco has sharply increased its technology focus, with AI making up over 50% of its recent tech investments. CEO Amin H. Nasser says these investments have boosted productivity…
Prime Highlights : Mitsubishi Fuso has introduced the eCanter, its all-electric light-duty truck, in the UAE to support sustainable urban transport and zero-emission mobility. The truck is designed for city…
Prime Highlight : BEEAH has introduced its first Sustainable Finance Framework in partnership with First Abu Dhabi Bank to support sustainable growth and responsible financing. The framework allows BEEAH to…
Prime Highlight : Nigeria pitched $600 million lithium and gold projectsto Saudi investors to boost domestic processing and attract global investment. The initiative aims to diversify the economy away from…
Prime Highlight: Kuwait’s Ministry of Oil launched six digital projects under Masar to boost efficiency, governance, and service quality. The initiative connects strategy with daily operations, modernising workflows and preparing…
Prime Highlight: Standard Chartered Bank Nigeria has met the Central Bank of Nigeria’s ₦200 billion minimum capital requirement in November 2025, ahead of the March 2026 deadline. The early compliance…
Prime Highlight: Saudi Arabia’s stock market posted its biggest single-day gain since September 2025 after regulators announced full access for foreign investors. The reform is being hailed as the most…
Prime Highlight: Morocco secured second place in Africa and the Arab worldin the World Bank’s latest Business Ready report, reflecting strong progress in supporting businesses. The country outperformed the global…
Prime Highlight: Saudi Arabia’s Public Investment Fund (PIF) has climbed to fifth place globally, managing $1.15 trillion after adding $226 billion over the past year. The fund invests heavily in…
Prime Highlight Libya has added two new gas wells, BB-19 and BB-20, at the Faregh field to strengthen domestic energy supply and support electricity generation. The new wells are expected…
Prime Highlights Rotortrade has entered the Saudi market with a new maintenance, sales, and services hub, Rotortrade HeliPark, in Riyadh. The project supports Saudi Arabia’s Vision 2030 by strengthening the…
Prime Highlights: Saudi Arabia ranks among the top countries in the world for security technology, achieving an impressive 99% rating. Advanced technology and data-driven solutions have made public services faster…
Prime Highlights Real estate trading remained strong in Kuwait and Qatar, with combined weekly transactions reaching about $442 million, supported by steady demand across both markets. Private and commercial properties…
Prime Highlights Saudi-made products with the “Made in Saudi” label have exceeded 19,000 and are now being sold in 180 countries worldwide. The initiative supports Saudi Arabia’s Vision 2030, driving…
Prime Highlights: Cyber and Infratech plan to list part of their shares on the Saudi Stock Exchange (Tadawul) by 2027, marking a major step in the Kingdom’s tech growth. Infratech…
Prime Highlight Samsung Electronics MENA and Amazon signed a Memorandum of Understanding to enhance customer experience and digital engagement in the UAE and Saudi Arabia. The collaboration will integrate Amazon…
Prime Highlights UAE launches Abu Dhabi’s AI Ecosystem for Global Agricultural Development to help climate-impacted farming communities. Almheiri and Bill Gates highlight the initiative’s goal of delivering AI-driven, practical tools…
Prime Highlight BYD is rapidly expanding in South Africa, planning to open 35 dealerships by early 2026 and up to 70 by the end of next year due to strong…
Prime Highlights The UAE has announced a $1 billion investment in AI projectsin Africa, aiming to strengthen its role in the continent’s digital economy. By funding digital infrastructure and innovation…
Prime Highlights Saudi Arabia has secured third place globallyin advanced AI model development and AI-related job growth, reflecting its rapid rise in modern technology. Under Vision 2030, the Kingdom is…
Prime Highlights Global investors committed $15.3 billionto 39 bankable projects at the 2025 Africa Investment Forum, signaling growing confidence in Africa’s economic potential. The Forum saw a major rise in…
Prime Highlight Bahrain’s non-oil exports of national origin grew 12% year on yearto 1.05 billion dinars ($2.8 billion) in Q3 2025, led by unwrought aluminum alloys and iron ores. The…
Prime Highlight IMF Managing Director Kristalina Georgieva praised South Africa’s reforms for stabilizing the economy and boosting investor confidence. She highlighted improvements in power supply and the government’s focus on…
Prime Highlight The UAE announced a $1 billion AI for Development programto expand AI use in Africa, unveiled by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. The initiative reflects…
Prime Highlights Adobe and HUMAIN announced a strategic partnership to create generative AI models that understand Middle Eastern culture, heritage, and Arabic language. The collaboration will integrate HUMAIN’s Arabic-first AI…
Prime Highlights Cassava Technologies launched the Cassava AI Multi-Model Exchange (CAIMEx), enabling African mobile-network operators to access leading AI systems from OpenAI, Anthropic and Google. The platform aims to position…
Prime Highlight GCC sukuk outstanding climbed 7% to $1.1 trillionby Q3 2025, driven by strong Islamic debt issuance from Saudi Arabia and the UAE. Fitch Ratings expects GCC debt market…
Prime Highlights Lincoln Mali recognized for transforming Lesaka Technologies into one of Southern Africa’s leading fintech innovators. Mali emphasized a customer-centric approach, focusing on technology that serves people, not just…
Prime Highlights Jameel Motors, in partnership with Changan, has opened its flagship showroom in Pretoria, marking a major step in its nationwide growth strategy. The launch showcases Changan’s commitment to…
Prime Highlights The UAE and South Africa recorded $3.93 billion in non-oil trade in early 2025, reflecting growing business and investment cooperation between the two nations. Both countries are exploring…
Prime Highlights The UAE Ministry of Energy and Infrastructure announced an AED170 billion ($46.3B) plan to upgrade the national road network by 2030. Minister Suhail Al Mazrouei said the goal…
Prime Highlights: Saudi Arabia’s non-oil private sector saw robust expansion in October, with the PMI climbing to 60.2, one of the strongest readings in over a decade. Strong demand, job…
Prime Highlights: Saudi Arabia’s car market is advancing with the launch of next-generation REEV hybrid cars at the Riyadh EV Auto Show 2025. The new vehicles support Vision 2030’s aim…
Prime Highlights: GIB Capital successfully completed $4.25 billion in major debt issuances across Bahrain, Oman, the UAE, and the Islamic Development Bank Group. The transactions strengthen GIB Capital’s leadership in…
Prime Highlights: Saudi Arabia’s Finance Minister Mohammed Al-Jadaan said the Kingdom’s borrowing focuses on funding productive investments instead of raising taxes or cutting spending. The strategy supports Vision 2030 by…
Prime Highlights: Al Bandar Development Company secured over $259 million (RO 100 million)in strategic partnerships and investments, marking a major step in its growth plans in Oman. The company launched…
Prime Highlights: Al Bandar Development Company secured over $259 million (RO 100 million) in strategic partnerships and investments, marking a major step in its growth plans in Oman. The company…
Prime Highlights: Goldman Sachs opens a new office in Kuwait, reinforcing its commitment to the Middle East and expanding investment banking, asset management, and private wealth management services. The firm…
Prime Highlights: MBZUAI is quickly becoming a leading center for technology education and research, attracting top global talent. The university aims to be the “Stanford of the Middle East,” offering…
Prime Highlights: Non-oil trade between Nigeria and the UAE reached $4.3 billion in 2024, marking a record high. The UAE identified Nigeria as one of its most strategic partners in…
Prime Highlights: Saudi Arabia’s ports authority, Mawani, launches its 30th shipping service of 2025, connecting Jeddah Islamic Port with Port Sudan. The move strengthens trade links across the Red Sea…
Prime Highlights Saudi Arabia and New Zealand signed over $100 million worth of commercial deals to boost trade and investment ties. The agreements mark a new phase in strengthening economic…
Prime Highlights: Saudi Arabia’s broad money supply (M3) rose by 8.4% year-on-year, reaching SR3.11 trillion, reflecting growing economic momentum. Time and savings deposits are increasing faster than demand deposits, showing…
Prime Highlights: Emirates Skywards members can now use miles to book Premium Economy tickets or upgrade from Economy, offering a more comfortable travel experience. Premium Economy redemption is available on…
Prime Highlights: UAE airports handled over 1 billion passengers between 2015 and 2024, marking a major milestone in global aviation. The UAE ranked first worldwide in air transport quality, strengthening…
Prime Highlights: Saudi Arabia’s non-oil private sector grew steadily in August, with the PMI rising to 56.4, showing strong economic momentum. Business confidence improved after July’s low, backed by rising…
Prime Highlights: Egypt launches its 11th industrial land tender, offering 1,386 serviced plots across 23 governorates to attract both local and foreign investors. The initiative aims to boost sustainable industrial…
Prime Highlights: Paragraf secures £41 million ($55 million) investment from UAE’s sovereign wealth fund, Mubadala, to expand production of graphene-based chips. The funding positions Paragraf to accelerate the adoption of…
Prime Highlights: VistaJet becomes the first foreign private jet operator approved to operate domestic flights in Saudi Arabia, marking a milestone in the Kingdom’s aviation sector. The company plans to…
Prime Highlights Dubai announces the second cycle of its AI Accelerator, calling on international innovators to create AI-driven public service solutions. The winners get an eight-week fully-funded Dubai residency between…
Prime Highlights Dubai Centre for Family Businesses launches three custom advisory services to enhance governance and foster sustainable growth. The services aim at governance review, constitution creation, and family office…
Prime Highlights Air Arabia Abu Dhabi enhances weekly frequencies on Baku and Tbilisi routes due to high regional travel demand. Tbilisi route will operate with eight weekly flights, while Baku…
Prime Highlights: UAE Central Bank shuts down UAE arm of global insurer's temporary motor insurance business. Action taken for non-compliance with provisions of solvency and guarantees. Key Fact: Suspension under…
Prime Highlights: Saudi Arabia's PIF is the world's largest and fastest-growing sovereign wealth fund. PIF is the 7th highest globally by brand value to assets under management. Key Facts: The…
Prime Highlights Paramount is considering closing its Africa offices in Johannesburg and Lagos as part of a worldwide review of its linear TV operation. The decision follows the company aligning…
Prime Highlights GEMS Education opens a cutting-edge flagship school in Dubai Sports City, supported by a strategic partnership with Alexander Johnson Group. The tie-up guarantees top-of-the-line family relocation services such…
Prime Highlights Dubai completes massive AED 190 million landscaping and afforestation works on main intersections and roads. More than 3 million sq. metres of land with intelligent irrigation and climatically…
Prime Highlights BYD will dramatically increase its network of Saudi Arabian showrooms to more than double by 2026. Tesla's entry into the market is expected to increase the profile of…
Prime Highlights Saudi pavilion in Expo 2025 Osaka greeted over 1 million visitors since April. Over 115 art and interactive programs were featured by two cultural studios at the pavilion.…
Prime Highlights Middle East stands to have a $232 billion GDP boost by 2035 as a result of AI adoption and climate resilience. Saudi Arabia leads AI innovation and economic…
Prime Highlights: Saudi Arabia has spent more than $6 billion on motorsports since 2021 to fuel non-oil economic growth and tourism. The Formula 1 Jeddah Grand Prix is a major…
Prime Highlights WestJet and Saudia have launched an interline partnership offering customers one-ticket travel convenience to Saudi Arabia. The partnership streamlines ticketing and baggage transfer on major worldwide hubs. Key…
Prime Highlights Saudi Arabia introduces second round of industrial incentives with grants of up to SAR 50 million or 35% of overall investment. Program aims at strategic sectors for improving…
Prime Highlights: Qatar shut down its airspace under increased Iran-US tensions and diverted all flights. The move was a preventive one following intelligence of Iranian retaliatory moves against U.S. bases…
Prime Headlines Gold prices jumped near two-month highs on increasing Middle East tensions that prompted safe-haven demand. Silver also edged up modestly aided by tight supply and industrial demand. Key…
Prime Highlights: Dubai mandates new approval procedures for foreign developers and brokers before selling or marketing foreign property in the emirate. The regulations aim to protect domestic investors and provide…
Prime Highlights: Dubai gold prices went up by Dh4 per gram, sparking a change in demand. Hunters are now settling for lightweight jewellery and holding out for possible price declines.…
Prime Highlights Mall of the Emirates and City Centre Deira now operate ANPR-based barrierless parking with free hours and electronic payments. Overdue payments after three days or abuse of disabled…
Prime Highlights : Emirates introduces new daily flights from Dubai to Da Nang, Vietnam, and Siem Reap, Cambodia, growing its East Asian network. The airline strengthens trade and tourism connections…
Prime Highlights: Microsoft makes it possible for Windows users in Europe to remove Edge and Bing and cuts down on prompts to use Edge as the default. The updates align…
Prime Highlights: UAE's Securities and Commodities Authority (SCA) will implement compulsory licenses for financial influencers. The step aims at enhanced transparency and investor protection for those getting advice on online…
Prime Highlights: The UAE is opening Stargate UAE, the largest AI data center in the world, with the cooperation of OpenAI. The integration of ChatGPT will provide greater access to…
Prime Highlights Google I/O 2025 highlighted pioneering AI breakthroughs by Gemini 2.5 Pro and its leaner brother Gemini Flash. Breakthroughs ranged from AI-driven search, virtual try-ons, and 3D communication with…
Prime Highlights: ADNOC paid out AED 65.7 billion to nearly 400 UAE organizations within the first half of 2025. The In-Country Value (ICV) program can invest extra AED 200 billion…
Prime Highlights : More than 1,400 veteran midwives and veteran Dubai Health nurses have been awarded the UAE Golden Visa for their long service in the health sector. The International…
Prime Highlights: Dubai Residential REIT prices unit between AED 1.07 and AED 1.10. The sale will raise up to $487 million (AED 1.79 billion). Key Facts: The REIT portfolio comprises…
Prime Highlights: Saudi Arabia's Jusoor show in Kosovo showcases cultural heritage and contemporary technology. The world-appeal event is a blend of tradition and electronic technology. Key Facts: Saudi Arabia's Ministry…
Prime Highlights : Dubai Holding will list its Dubai Residential REIT in an IPO, the first on the Dubai Financial Market (DFM) in 2025. It will offer up to $500…
Prime Highlights: Meta has introduced a standalone AI assistant app on the basis of its advanced Llama 4 model, competing with Google Gemini and ChatGPT. Meta CEO Mark Zuckerberg and…
Prime Highlights: UAE is witnessing a record heatwave with temperatures exceeding 45°C in most places. Preventive measures like a ban on work during the noon hour and increased public alerts…
Prime Highlights: Traze is the first recipient of UAE's SCA First Category License, a regulatory milestone. The milestone is an affirmation of Traze's commitment to transparency, innovation, and regulatory distinction.…
Prime Highlights: Prices of Dubai's 22K gold are approaching Dh400 per gram due to the volatility in the world gold market and rising investor demand. Sales of traditional gold jewellery,…
Prime Highlights Android smartphones will automatically restart after three days of inactivity to increase user data security. The feature returns the phone to an encrypted "Before First Unlock" state, where…
Prime Highlights Google showcased a prototype of its next-generation AR glasses at TED 2025, featuring real-time translation and object recognition. Though emphasizing progress, Google has yet to provide a launch…
Prime Highlights A PIF-backed Saudi Coffee Company enters into deal with National Agricultural Development Company (NADEC). Deal is for the establishment of local cultivation of coffee beans and farm stability.…
Prime Highlights OpenAI brings out a new, fast, and smooth Advanced Voice Mode for ChatGPT users. This tool is up for grabs for ChatGPT Plus and Team members, making real-time…
Prime Highlights: Emirates launched Emirates Courier Express, an end-to-end express delivery service that will increase the efficiency of express delivery. The service provides less than 48-hour deliveries utilizing Emirates' international…
Prime Highlights: • Starting April 1, 2025, new rules for UPI say you need to keep your mobile number working and connected to your bank account—or you might lose service.…
Prime Highlights Tesla is all set to enter Saudi Arabia with a luxury launch in Riyadh on 10th April, 2025. There would be showcasing of all the electric vehicles of…
Prime Highlights: Riyadh Municipality has unveiled 20 new investment projects in 2025 across commercial, residential, retail, industrial, and leisure sectors. Investors can access these projects through the Furas online platform,…
Prime Highlights: Oman’s trade surplus reached 7.5 billion Omani rials ($19.4 billion) in December, up from 7.14 billion rials in November, driven by oil and gas exports. Total merchandise exports…
Prime Highlights: Saudi Arabia’s Public Investment Fund (PIF) has launched the first Saudi-owned duty-free operator to capture a larger share of the Kingdom’s travel retail market. Al Waha plans to…
Prime Highlights: Egypt’s net foreign assets (NFAs) rose by $2.74 billion in January, reaching $8.70 billion, up from $5.96 billion in December. The increase is attributed to Egypt’s completion of…