Prime Highlights: The UAE partners with Elon Musk for the development of the innovative Dubai Loop project, aimed at transforming urban transportation. The project will feature high-speed tunnels connecting key…
Prime Highlights: Deloitte aims to double its growth in Saudi Arabia over the next three years, with a focus on revenue expansion and strategic partnerships. Deloitte recently inaugurated its new…
Prime Highlights: The GCC grocery market is increasingly focusing on affordability, with consumers prioritizing price and promotions when selecting retailers. Over 50% of Saudi households experienced income fluctuations in 2024,…
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…
