SVC Drives Saudi Arabia’s Venture Capital Boom, Backing 800+ Startups
Prime Highlights: Saudi Venture Capital Co. (SVC) has committed $1.2 billion since 2018, attracting $5.9 billion from partners, keeping Saudi
Saudi Industrial Output Jumps 10.4% in January as Oil and Manufacturing Drive Growth
Prime Highlights: Saudi Arabia’s industrial production rose 10.4% year-on-year in January, supported by stronger mining and oil activity. The growth
Dar Al Arkan Profit Surges 41% to $301M as Property Sales Drive Strong 2025 Growth
Prime Highlights: Dar Al Arkan Real Estate Development Co. reported a 41% rise in annual net profit to $301 million
SAL Expands into Europe with $30M Aviapartner Liege Acquisition
Prime Highlights: SAL Saudi Logistics Services acquires Aviapartner Liege for $30.3 million, marking its first operational presence in Europe. The
Saudi Non-Oil Sector Stays Strong Despite Regional Tensions, PMI Shows Steady Expansion
Prime Highlights: Saudi Arabia’s non-oil private sector remained in growth territory in February, supported by strong domestic demand and steady
Fertilizer Gains Lift SABIC Agri-Nutrients Profit by Nearly 30% in 2025
Prime Highlights: SABIC Agri-Nutrients Co. reported a strong rise in profit, supported by higher fertilizer prices and better income from
Economic Review Highlights Saudi Arabia’s Financial Strength
Prime Highlights- Saudi Arabia’s economy remains stable, showing continued growth even amid global challenges. The Ministry of Economy and Planning
Saipem Wins $500M Aramco Deal to Boost Offshore Growth in Saudi Arabia
Prime Highlights: Saipem secured a major $500 million offshore contract, strengthening its long-term partnership with Aramco. The project supports Saudi
Saudi Firm Humain Invests $3B in xAI Ahead of SpaceX Acquisition
Prime Highlights: Humain invested $3 billion in xAI, just before its acquisition by SpaceX, marking a major step in Saudi
Saudi Arabia Strengthens Global Halal Leadership with New Initiatives
Prime Highlights: Saudi Arabia’s Global Halal Mark alliance expands, with four countries joining and plans to reach 10 by the
Qatar Boosts Stock Market with $200M Fund in Strategic Global Partnership
Prime Highlights: Qatar Investment Authority partnered with Franklin Templeton to launch a new equity fund to strengthen Qatar’s financial markets.
Saudi Mining Sector Booms with 220% Jump in New Licenses in 2025
Prime Highlights: Saudi Arabia issued 61 new mining licenses in 2025, a 220% increase from the previous year, showing strong
PIF Private Sector Forum Day One Sees Wave of Deals Across Tourism, Industry, and Innovation
Prime Highlights: Saudi Arabia’s PIF drives private sector collaboration with multiple agreements in tourism, urban development, industrial growth, and advanced
QatarEnergy and Petronas Sign 20-Year LNG Deal to Strengthen Energy Partnership
Prime Highlights: QatarEnergy and Malaysia’s Petronas have signed their first long-term LNG agreement, marking a major step in energy collaboration.
Saudi Arabia and Turkiye Join Forces on $2 Billion Renewable Energy Projects
Prime Highlights: Saudi Arabia and Turkiye have signed a major agreement to collaborate on large-scale solar power projects, strengthening their
Saudi Arabia Leads GCC Market Rally as Investor Confidence Grows
Prime Highlights: Saudi Arabia drove a strong rally across GCC stock markets in January, outperforming major global benchmarks and attracting