Al Ramz Buys Land for New Riyadh Housing Project
Prime Highlights Al Ramz acquires prime land in Riyadh for new housing project. Development to include 135 apartments with modern amenities. Key Facts Land deal valued at SAR94.6 million. Project…
Gulf Insurance Group skips dividends to reinvest profits and support long-term growth
Prime Highlights- Gulf Insurance Group will not pay dividends for 2025 as it focuses on reinvesting profits to drive future growth. The company plans to expand its presence and strengthen…
Al Baraka Islamic Bank Wraps Up AGM, Board Set for New Three-Year Run
Prime Highlights Al Baraka Islamic Bank held its 43rd AGM in March, approving the 2025 financial statements and clearing the board of liability. Shareholders reappointed the Board of Directors for…
Emaar Announces Full Dividend Payout After Solid Performance
Prime Highlights Emaar has approved a dividend payout of $2.4 billion for its shareholders for 2025. The company reported strong growth across its real estate, malls, and hospitality businesses. Key…
New Platform PRsonaME Targets Simpler PR and Personal Branding in MENA
Prime Highlights- PRsonaME launches in MENA, aiming to simplify public relations and personal branding through a single platform. Integrated tools for media, content, and leadership positioning signal a shift towards…
ADNOC–OMV Deal Moves Forward to Create Global Chemicals Player
Prime Highlights ⦁ Abu Dhabi National Oil Company and OMV are progressing toward forming a new global petrochemicals company. ⦁ The combined entity aims to expand global reach and strengthen…
Oman Moves to Secure 3,500 MW Power Supply Through New Agreements
Prime Highlights ⦁ Oman is planning new power agreements to secure a stable electricity supply during changes in its energy sector ⦁ The strategy focuses on both new projects and…
SepcoIII Achieves Milestone in Saudi 600 MW Wind Project
Prime Highlights- SepcoIII has successfully connected the first turbine of its 600 MW wind farm to Saudi Arabia’s national power grid, marking a major step in the Kingdom’s clean energy development.…
ECHEM Unveils $11 Billion Plan to Boost Petrochemical Production
Prime Highlights Egyptian Petrochemicals Holding Company plans $11 billion in petrochemical investments over the next five years. The projects aim to expand domestic production and reduce reliance on imported petrochemical products. Key…
Nahda Capital Partners Moves to Launch First Private Equity Fund in Abu Dhabi
Prime Highlights Nahda Capital Partners applied to establish its first private equity fund at Abu Dhabi Global Market. The fund will focus on supporting high-growth companies across the GCC and emerging markets. …