What is “+AI” and “AI+”? Artificial Intelligence is no longer a buzzword—it has become a strategic lever for organizations to reimagine business models, enhance decision-making, and deliver superior customer experiences,…
From Kashmir to Kanyakumari, Parveen Padalkar’s Ekori is the trusted manufacturing partner behind India’s finest handloom sarees—blending timeless tradition with modern taste. While the name Ekori may be behind the…
Highlights The inaugural of UAE–Africa Tourism Investment Summit will take place in Dubai on October 27, 2025, under the Future Hospitality Summit (FHS World 2025). The event will bring together…
Pluxee India has released an industry-first report that provides deep insights into the quickly changing world of corporate gifting in India. The research charts rising buying behavior, decision-maker needs, and…
In an era where the gap between educational training and industrial needs continues to grow larger, Education View India has put in the spotlight a visionary who has gone out…
Rakkesh Chandra: A Guiding Light in the World of Astrology From Pune to the world, a name that brings clarity in the darkest times. When life becomes confusing, when choices…
In a time when joint degeneration and chronic pain are keeping millions from living life to its full potential, Regenerative Tissue Science, LLC (RTS) is offering more than relief—it is…
Overwhelmed by Study Abroad Choices? You’re Not Alone Every year, millions of students dream of studying abroad, imagining themselves in world-renowned universities, exploring new cultures, and building successful global careers.…
The mind is always a puzzle. An elusive, unpredictable phenomenon. But the mind surrenders to humans who realize that it is a part of the universal mind, a particle of…
Dream Spin Publication a publishing house trusted by Authors, is a beacon of literary excellence, nurturing emerging voices and showcasing diverse perspectives. With a commitment to quality and innovation, they…
Prime Highlights: Saudi Arabia’s total government revenues in 2024 reached SR1.26 trillion ($336 billion), marking a 4% year-on-year increase, exceeding budget estimates by 7%. Non-oil revenues contributed significantly, accounting for…
Prime Highlights: Saudi Arabia’s Industrial Production Index (IPI) saw a 2.1% annual increase in December 2024, driven by manufacturing and waste management sectors. The manufacturing sector recorded a 6.3% year-on-year…
Prime Highlights: Rasm, a Saudi property management firm, is exploring potential global partnerships to strengthen its market presence and drive growth in the Kingdom’s real estate sector. CEO Artin Malatjalian…
Prime Highlights: Umm Al Qura for Development and Construction is launching an IPO to raise funds for its SR100 billion ($26.6 billion) Masar project in Makkah. The project will include…
Prime Highlights: Saudi Arabia’s stock market (TASI) rose by 3.39% in December 2024, closing at 12,037 points with an average daily trading value of SR5.2 billion ($1.3 billion). Dubai Financial…
Prime Highlights: Saudi Arabia's insurance sector saw a 16.9% year-on-year revenue increase in Q3 2024, driven by growth in motor, property, and medical coverage. Medical insurance revenues rose by 13.6%,…
Prime Highlights: Foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah, opening new avenues for investment in the Kingdom's capital market. Foreign investors can acquire…
Prime Highlights: Saudi Arabia’s non-oil exports surged 19.7% year-on-year in November, totaling SR26.92 billion ($7.18 billion), reflecting progress in economic diversification. Chemical products led export growth, making up 24% of…
Prime Highlights: Saudi Arabia's education sector saw a 91.5% increase in spending, reaching SR220.76 million ($58.8 million) between January 12-18, 2025, driven by students returning to school after the midyear…
Prime Highlights: Saudi Arabia's reserves at the central bank, SAMA, reached SR1.69 trillion ($450.31 billion) in November 2024, marking a 2.8% year-on-year increase. Foreign assets, including currency deposits and foreign…
Highlights: Cloud adoption critical to the future of Saudi Arabia’s mining industry. Ma'aden aims for a tenfold growth by 2040, leveraging advanced technologies. Saudi Arabia focuses on integrating AI, cloud,…
Prime Highlights: Saudi Arabia’s bank loans reached SR2.93 trillion ($782 billion) in November 2024, reflecting a 13.33% year-on-year growth—the highest in 22 months. Corporate loans increased by 17.28% to SR1.58…
Prime Highlights: Saudi Arabia’s inflation rate rose by 1.7% in 2024, with housing rents rising by 10.6%. The housing, water, electricity, gas, and fuel sector saw an 8.8% price increase.…
Prime Highlights: Saudi Aramco secures 145 agreements valued at $9 billion on the first day of the iktva Forum 2025. These agreements will boost local content in Saudi Arabia’s energy…
Prime Highlights: Saudi Arabia accounted for 42 of 53 IPOs in the GCC in 2024. The Kingdom raised $4.1 billion, representing 31.6% of total GCC IPO proceeds. Key Background: Saudi…
Prime Highlights: Lenovo to manufacture millions of PCs and servers annually in Saudi Arabia by 2026. The deal follows the completion of a $2 billion investment partnership with Alat, a…
Prime Highlights: The Hafr Al-Batin Investment Forum 2025 concluded with SR17 billion ($4.5 billion) in agreements. Key sectors such as agriculture, livestock, healthcare, logistics, and infrastructure were targeted. Key Background:…
Prime Highlights: Saudi public funds raise domestic money market investments by 82.4% year-on-year. The total assets held by these funds increase to SR160.1 billion ($42.6 billion). Key Background: Saudi Arabia’s…
Prime Highlights: Saudi Arabia successfully issued a $12 billion triple-tranche bond, comprising three-year, six-year, and ten-year maturities. The offering was significantly oversubscribed, with the total order book reaching $37 billion.…
Prime Highlights: Saudi Arabia's finance minister, Mohammed Al-Jadaan, has accepted the fiscal borrowing plan for the year 2025 at SR139 billion or $37 billion. The budget will meet two major…
Prime Highlights: The money supply of Saudi banks has increased by 10.3 percent on year up to November 2024, reaching a total of SR2.95 trillion, equivalent to $785.51 billion. Time…
Prime Highlights: Qatar's Q3 2024 foreign merchandise trade balance surplus stands at 57.7 billion riyals ($15.8 billion), 5% less than it was during the same period of 2023. Total exports…
Prime Highlights: The Public Investment Fund of Saudi Arabia plays a significant role in the transformation of the Kingdom to reduce dependence on oil and diversify the economy. PIF's assets…
Prime Highlights: This country's logistics market increased 267% since 2021, and at this point in 2024, there are already 22 logistic centers, with 34 million square meters for its occupation. …
OPEC has lowered its global oil demand growth estimate for 2024 to 1.6 million bpd from the already reduced estimate of 1.8 million bpd. The reduction shows even more conservative…
The Neo Space Group of Saudi Arabia agreed to a strategic acquisition of the UP42 platform of Airbus in the further development of the space sector of the Kingdom, thus…
The Minister of Human Resources and Social Development, Ahmed Al-Rajhi, stated at the Budget Forum 2024 that Saudi Arabia will reduce its unemployment rate target from the previous target of…
Saudi Arabia's National Housing Company (NHC) unveiled 11 housing projects in Riyadh's Khuzam area, providing more than 10,000 housing units as the Kingdom's quest for quality living spaces continues to…
The Saudi National Housing Co. followed up its first day momentum by signing 21 new agreements with local and international partners on its second day at Cityscape Global 2024. A…
In a recent turbidity of global oil market challenges, it has emerged that Saudi Aramco plans to cut back on the official selling prices (OSPs) for crude oil sales to…
According to an official source, in 2023, the report states that Saudi Arabia attracted foreign direct investment inflows valued at SR96 billion ($25.6bn), which marks a staggering 50% rise year…
Saudi Arabia's point-of-sale transactions recorded an 11.9 percent growth in the last week of September to total SR13.3 billion, or US$3.4 billion. The food and beverage sector topped the list…
Trade between China and the Arab League has been growing with the past two decades since a deepened economic cooperation was ushered in after the China-Arab States Cooperation Forum was…
Saudi non-oil exports grew significantly in July, increasing 19.04% to SAR 25.38 billion, or $6.76 billion, the General Authority for Statistics said in data compiled today. Chemical and allied industries…
Cement sales rebounded in a fairly mild fashion during Q2 2024 for Saudi Cement, as cement sales rose to 1.8% in the same quarter of the previous year, whereas it…
Regional and international collaboration is crucial for tackling environmental issues, particularly in rehabilitating degraded lands, according to Mansour Al-Mushaiti, Saudi Arabia’s Vice Minister of Environment, Water, and Agriculture. Al-Mushaiti made…
Saudi banks granted SR7.07 billion ($1.9 billion) in new residential mortgage loans in July, reflecting a 33% increase from June, according to data from the Saudi Central Bank (SAMA). The…
Saudi banks' real estate loans reached SR816.83 billion ($217.82 billion) in the second quarter of 2024, marking a 12% year-on-year increase, according to data from the Saudi Central Bank (SAMA).…
Saudi Arabia's point-of-sale (POS) transactions experienced a significant 20.4% increase between August 25 and 31, driven primarily by a surge in the telecommunications sector. According to the Saudi Central Bank…
Saudi Arabia has introduced a new factory development consultant licensing service, a strategic move aimed at bolstering the country's industrial sector. The initiative, unveiled by the Ministry of Industry and…
Saudi Aramco and Sumitomo Chemical Co. have agreed to waive $1 billion in debt owed by Petro Rabigh, marking a significant step in the refinery’s upgrade and turnaround strategy. According…
Saudi Arabia’s real estate market experienced a significant surge in the first half of 2024, with transactions rising by 38% to reach 106,700 deals, totaling approximately SAR 127.3 billion ($33.9…
Saudi Arabia's industrial sector has experienced significant growth, driven by the Vision 2030 initiative, with the number of industrial facilities increasing by 60 percent since the vision's launch. According to…
Saudi Arabia’s newly updated investment law and a series of recent reforms are expected to significantly advance the Kingdom's goal of securing $24 billion in foreign direct investment (FDI) in…
Saudi Arabia is offering over 120 enablers and incentives to attract investment in its mining sector, according to a top official. Minister of Industry and Mineral Resources Bandar Alkhorayef highlighted…
Saudi Arabia's non-oil exports experienced a 7.3 percent increase in June, reaching SR21.59 billion ($5.75 billion) compared to the same month last year, according to official data from the General…
In a significant development for the logistics sector, Saudi Arabia’s Jazan region is set to benefit from enhanced operational management and air freight services following a strategic agreement between SAL…
Saudi Arabia’s official reserve assets reached SR1.7 trillion ($452.8 billion) in July, reflecting a 6.06 percent increase compared to the same period last year, according to recent data from the…
Venture capital investments in the Middle East and North Africa (MENA) surged to $355 million in July, marking a 206 percent increase from June and a 260 percent rise year-over-year,…
Riyadh Air has unveiled the first electric bus in its employee transportation fleet, aligning with Saudi Arabia's Vision 2030 objectives to reduce carbon emissions. This initiative, developed in collaboration with…
Saudi Arabia and Djibouti have launched a significant maritime initiative to strengthen trade connections and boost economic ties between the two nations. At the core of this collaboration is the…
On August 7, Saudi Arabia’s Ministry of Industry and Mineral Resources announced a competitive bid for seven new mining exploration licenses, covering approximately 1,000 square kilometers. This initiative is aimed…
Lucid Group, a U.S. electric vehicle manufacturer, has secured $1.5 billion in new funding from its majority shareholder, Ayar Third Investment Co., an affiliate of Saudi Arabia’s Public Investment Fund…
Saudi Arabia has launched the sixth round of its subscription-based savings product, Sah, for August, offering a competitive return of 5.48 percent. The subscription period began on August 4 and…
Saudi Arabia’s real estate price index experienced a 1.7 percent increase in the second quarter of 2024 compared to the same period last year, largely driven by rising costs in…
In June, Qatar's inflation rate remained stable, with the Consumer Price Index (CPI) reaching 107.52 points, a slight decline from 107.59 in May. This represents a 0.98% year-on-year increase from…
The Saudi insurance sector is poised for consolidation as Buruj Cooperative Insurance Co. and the Mediterranean and Gulf Insurance and Reinsurance Co. (Med Gulf) have signed a non-binding memorandum of…
Saudi Arabia's financial technology sector is witnessing increased interest from artificial intelligence startups, aiming to capitalize on the industry's rapid growth. Singapore-based AI startup Dyna.Ai, currently operating in seven countries,…
Riyad Bank has marked a significant milestone in Saudi Arabia's digital banking landscape with the inauguration of the Center of Intelligence, the kingdom’s pioneering artificial intelligence (AI) hub within the…
