Prime Highlights Saudi Aramco reported net income of $104.7 billion for 2025, reflecting strong operational performance despite lower global oil prices. The company increased its base dividend by 3.5% and is expanding…
Prime Highlights- Saudi Arabia’s POS spending climbed 4.5% to SR14.5 billion ($3.8 billion), highlighting strong consumer activity despite a small drop in transactions. Sectors including freight, apparel, healthcare, and hotels…
Prime Highlights ACWA Power named Samir J. Serhan as CEO, replacing Marco Arcelli in a planned transition. The move aligns with ACWA’s global expansion in renewable energy, water desalination, and…
Prime Highlights IMF approved $2.3 billion for Egypt to support economic stabilisation and extend its programme. Syria’s economy is gradually recovering, aided by stronger consumer confidence, electricity supply, and returning…
Prime Highlights Saudi Arabia is investing heavily in infrastructure, education, health, and security, supporting long-term economic growth and diversification beyond oil. Non-oil revenue rose to SR505.3 billion in 2025, reflecting…
Prime Highlights Oman’s non-oil exports rose 7.5% to 6.7 billion rials in 2025, with re-exports surging 20.3%, underscoring stronger diversification and trade momentum. The Sultanate’s reform drive gained recognition as…
Prime Highlights stc Group recorded its highest-ever revenue of SR77.8 billion in 2025, up 2.5 percent year on year. Net profit increased 12.5 percent after one-time adjustments, reflecting steady growth…
Prime Highlights Merger and acquisition activity across the Middle East and North Africa surged 15% in 2025, reaching $106.1 billion. Cross-border deals drove growth, with inbound and outbound transactions rising…
Prime Highlights: The Tourism Development Fund (TDF) signs an agreement with Palladium Hotel Group to explore new resort projects in Saudi Arabia. The partnership aims to attract international investors and…
Prime Highlights: NTT Data is acquiring Dubai-based cloud consultancy Zero&One to strengthen its cloud capabilities and accelerate cloud-first solutions across the Middle East and Africa. The partnership leverages Zero&One’s regional…