Regional Markets Gain Strength as Investment and Reforms Fuel Expansion
Prime Highlights- Diversification efforts are translating into real, visible progress, with multiple sectors showing clear signs of expansion and development.
Saudi Arabia Launches DominAite to Boost AI Startups
Prime Highlights : Blossom Accelerator has launched the DominAite programme to scale AI startups in Saudi Arabia. The initiative supports
Cohesity Adds Advanced Malware Scanning with Sophos Integration
Prime Highlights : Cohesity has partnered with Sophos to improve data protection solutions. The new feature helps businesses detect hidden
Presight and ADNEC Partner to Build Smarter Event Venues
Prime Highlights : ⦁ ADNEC Group has partnered with Presight to introduce AI-powered smart venue management across its major event
UAE’s Presight Expands AI Push with New Startup Investments
Prime Highlights : ⦁ Presight unveils first investments under its AI Innovation Ecosystem. ⦁ Investments target early-stage AI startups across
Saudi Art Gains Global Spotlight as Binzagr’s $2.1M Sale Sets Record
Prime Highlights- Saudi Arabia’s art scene is gaining global attention as local artists achieve record sales. Under Vision 2030, cultural
ACWA Power Raises Stake in Shuaibah Water and Electricity Co. to 62% With $224.8M Deal
Prime Highlights- ACWA Power acquired a 32% stake in Shuaibah Water and Electricity Co. from Badeel for SR843.3 million, raising
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