Prime Highlights: Saudi Arabia’s Kafalah program boosted SME financing by 8%in Q3, reaching SR14 billion ($3.73 billion). The program continues to support economic growth under Vision 2030, helping thousands of…
Prime Highlights: The IMF has raised Saudi Arabia’s economic growth forecast to 4% for both 2025 and 2026, up from earlier estimates. The Gulf region, led by Saudi Arabia, is…
Prime Highlights: Saudi Aramco raises its stake in Petro Rabigh to 60%, becoming the largest shareholder and showing confidence in the company’s long-term growth. A $1.4 billion capital injection and…
Prime Highlights: QCC launches two new services at its Construction Materials Testing Laboratory to ensure high-quality and safe construction projects in Abu Dhabi. The new services aim to boost investor…
Prime Highlights: Atlantis Dubai contributes over $500,000 to support marine conservation and sustainability projects through the Atlantis Atlas Project for 2025-26. The programme continues to engage and inspire future environmental…
Prime Highlights: From 2026, UAE soft drink prices will depend on sugar content, making low-sugar drinks cheaper and encouraging healthier choices. Beverage companies are reformulating recipes to reduce sugar, lower…
Prime Highlights: Home-based businesses in the UAE are booming, especially in e-commerce, fashion, beauty, and food services, driven by social media and government support. Young Emiratis are actively supporting local…
Prime Highlights: Abu Dhabi’s MBZUAI has launched K2 Think, a low-cost model that can perform advanced reasoning tasks at the level of global leaders like OpenAI and DeepSeek. The model…
Prime Highlights: Emirates NBD has finalized a $350 million financing deal with Emirates Airlines for two Boeing 777 cargo aircraft. This is the first time the bank has entered into…
Prime Highlights: Saudi Arabia’s point-of-sale (POS) spending jumped 17.8% to SR15.79 billion ($4.21 billion), showing strong consumer confidence. Growth was supported by Vision 2030 reforms, digital payment adoption, and higher…