Prime Highlights: GCC equity markets showed robust growth in January, with Kuwait’s All Share Index leading at a 5.7% gain, followed by Saudi Arabia’s 3.1% increase. The S&P GCC Composite…
Prime Highlights: Middle Eastern carriers saw a 13% increase in air cargo demand in 2024, driven by e-commerce and ocean freight restrictions. The growth aligns with Saudi Arabia's National Aviation…
Prime Highlights: The deal spans 18 months for preparation and execution, followed by 15 years of operational management. Revenue from the contract will be recognized in stc’s financial statements starting…
Prime Highlights: Saudi Arabia's crude oil output reached 8.92 million barrels per day (bpd) in November 2024, marking a 1.21% annual increase. Saudi crude exports dropped by 2.05% to 6.21…
Prime Highlights: Elm will acquire 45,000 shares of Thiqah, each valued at SR1,000 ($266.56), marking a full acquisition of Thiqah’s share capital. The transaction supports Saudi Vision 2030 by advancing…
Prime Highlights: The Amman Stock Exchange (ASE) will introduce government bond trading to enhance market liquidity and attract global investment, following regional trends like Saudi Arabia's debt market reforms. Efforts…
Prime Highlights: The Kingdom’s participation in the World Economic Forum (WEF) reinforces its commitment to advancing the digital economy, innovation, and AI. Saudi Arabia aims to be among the top…
Prime Highlights: Saudi ports processed 320.78 million tonnes of cargo in 2024, marking a 14.45% year-on-year increase. Container exports rose by 8.86%, reaching over 2.8 million TEUs, up from 2.59…
Prime Highlights: Saudi Arabia to offer 5,000 sq. km of mineral exploration sites in 2025. Mining sector valued at $2.5 trillion, aiming to become the third pillar of the Kingdom’s…
Prime Highlights: Global sukuk issuance in 2025 projected to range from $190 billion to $200 billion. Foreign-currency denominated sukuk issuance grew by 29% in 2024, totaling $72.7 billion. Saudi Arabia…
