Arabian Post Staff -Dubai Saudi Arabia has emerged as the largest gaming market in the Middle East, accounting for about $1 billion of the region’s $2.52 billion consumer spending on video games, according to industry estimates compiled from market trackers and regional regulators. The scale of spending, combined with the highest average revenue per user in the region, underscores a structural shift in digital consumption driven by […]
Saudi Arabia’s flagship development drive remains anchored to an ambition that exceeds $1 trillion in combined value, even as authorities adjust timelines, scope and sequencing across some of the Kingdom’s most high-profile projects. A new assessment by Fitch Ratings said the combined value of five major giga projects — NEOM, Qiddiya, Red Sea Global, ROSHN and Diriyah — is still expected to surpass that threshold at completion, […]
Capital markets across the Middle East and North Africa recorded ten initial public offerings that raised a combined $1.7bn in the fourth quarter of 2025, signalling continued investor engagement despite broader market headwinds. According to the EY MENA IPO Eye Q4 2025 report, the MENA region sustained momentum in public market activity as companies across diverse sectors tapped equity markets for capital. Morocco’s Société Générale des Travaux […]
Greenlogue/AP Saudi Arabia has committed $2 billion to build two large-scale solar power plants in Turkey with a combined capacity of 2,000 megawatts, marking one of the biggest cross-border renewable energy investments announced between the two countries. The plan was confirmed by Turkey’s energy minister following high-level talks in Riyadh, underlining Ankara’s push to accelerate clean power deployment while drawing in long-term foreign capital. The agreement was […]
Arabian Post Staff -Dubai ADNOC Distribution has delivered record financial performance for 2025, underpinned by higher fuel volumes, steady network expansion and improving non-fuel revenues across its regional footprint, according to figures disclosed by the company. Full-year earnings before interest, tax, depreciation and amortisation rose 11.1 per cent year on year to $1.166 billion, while net profit climbed 15.4 per cent to $761 million, marking the […]
Abu Dhabi National Insurance Company is preparing to establish a branch in Gujarat International Finance Tec-City, positioning the insurer among a growing list of Gulf financial firms seeking a foothold in India’s offshore financial hub and signalling a sharper international expansion strategy. The move, expected to culminate in an operational launch in the latter part of 2026, follows approval from the Central Bank of the United Arab […]
Oil prices extended gains as OPEC+ signalled it would keep production levels unchanged, choosing caution over a pre-emptive response to higher prices driven by geopolitical tension linked to Iran and fragile demand signals from major economies. Benchmark Brent crude traded above the mid-$80s a barrel during the session, supported by concerns over potential supply disruption in the Middle East and tighter physical markets in parts of Asia. […]
Arabian Post Staff -Dubai Washington has approved a potential sale of Patriot interceptor missiles and associated equipment to Saudi Arabia with an estimated value of about $9 billion, marking one of the largest US arms packages proposed for the kingdom in several years and underscoring a renewed focus on air and missile defence cooperation in the Gulf. The clearance, granted by the US State Department and […]
OPEC+ is expected to keep its pause on planned oil output increases for March when key ministers meet on Sunday, according to people familiar with the discussions, as crude prices move above the $70-a-barrel mark amid heightened geopolitical risk in the Middle East. Brent crude has climbed to nearly $72 a barrel, the highest level since August, reversing earlier expectations that ample supply would weigh on prices […]
Saudi Arabia has begun a broad recalibration of its most ambitious development schemes, signalling a more pragmatic approach to spending after months of official messaging about fiscal discipline. Authorities have ordered sweeping reviews across several headline projects spanning Neom, Jeddah and Riyadh, as pressure mounts to balance long-term transformation goals with near-term economic realities. The shift became visible with the decision to delay the 2029 Asian Winter […]
Saudi Arabia is preparing draft proposals to widen eligibility for its premium residency programme, potentially extending long-term residency rights to groups ranging from superyacht owners and residents of flagship developments to high-performing international students, according to a person with direct knowledge of the deliberations. The plans, which remain under internal review and have not been finalised, are designed to draw sustained foreign capital and skilled residents into […]
Arabian Post Staff -Dubai Saudi-listed Saudi Arabian Refineries Company has moved to expand its property footprint after confirming the acquisition of a commercial land parcel in Riyadh for SAR 33 million, equivalent to about $8.8 million, following a successful public auction. The transaction places the capital’s commercial real estate market back in focus as listed companies selectively add assets aligned with long-term development and diversification strategies. The […]
Arabian Post Staff -Dubai Property Finder has raised $170 million in fresh capital from Mubadala Investment Company alongside other UAE sovereign-backed investors, a funding round that underscores sustained confidence in the region’s digital property platforms amid shifting real estate cycles. The Dubai-headquartered company said the investment will be used to simplify the home-search experience, improve productivity tools for brokers and developers, and reinforce data accuracy, trust and […]
Arabian Post Staff -Dubai Saudi Arabia is broadening its hunt for funding by engaging some of the kingdom’s wealthiest families, a move aimed at easing pressure on public finances while underwriting an ambitious pipeline of economic transformation projects. The approach marks a shift from a strategy that has leaned heavily on state balance sheets and foreign investors, signalling a desire to mobilise domestic private wealth alongside sovereign […]
Emirates NBD, Dubai’s largest bank by assets, posted a four per cent rise in full-year net profit on Monday, underpinned by record lending growth as borrowing demand strengthened across domestic and international markets. The lender said net profit reached 24 billion dirhams for the year, surpassing market expectations of about 22.8 billion dirhams based on analyst estimates tracked by LSEG. The performance was driven by what the […]
US lawmakers have called on the Federal Trade Commission to take an expansive and rigorous look at the proposed roughly $55 billion acquisition of Electronic Arts by a consortium led by the Saudi Arabian Public Investment Fund, urging scrutiny of its potential impact on workers, studios and competition across the video-game sector. Leaders of the Congressional Labor Caucus and a broader group of House Democrats warned that […]
Saudi Arabia’s Real Estate General Authority has brought into force a sweeping set of legal changes that widen access to property ownership for foreign companies and expatriate residents, marking a significant shift in how the Kingdom regulates and opens its real estate market. The new framework, effective from January 22, integrates these provisions into the national real estate legislative system, making all rules immediately enforceable under a […]
Chinese lenders are stepping up their financial presence in the Gulf, translating years of diplomatic courtship into a sharp rise in cross-border capital as the region becomes a focal point of Beijing’s overseas banking push. Lending by Chinese banks to Gulf borrowers surged to a record $15.7 billion in 2025, nearly three times earlier levels when bilateral state-to-state loans are excluded, with Saudi Arabia and the United […]
Arabian Post Staff -Dubai Saudi lenders are expected to extend between $65 billion and $75 billion in new corporate loans in 2026, underpinned by sustained investment flows into real estate and utilities and a broad pipeline of state-backed projects, according to an assessment by S&P Global. The projection points to another year of robust balance-sheet expansion as banks continue to finance the kingdom’s economic transformation agenda. […]
Arabian Post Staff -Dubai Saudi Arabia has moved to formalise real-world asset tokenisation with the launch of the Kingdom’s first dedicated Centre of Excellence, as Open World announced an in-Kingdom operating entity designed to support compliant digital-asset innovation aligned with Vision 2030 goals. The initiative positions Saudi Arabia to accelerate the tokenisation of physical and financial assets such as real estate, commodities, infrastructure receivables and private credit […]
Arabian Post Staff -Dubai Saudi Arabia recorded a landmark year for tourism in 2025, welcoming more than 122 million domestic and international visitors and generating close to $80 billion in total spending, according to official estimates and sector-wide assessments. The figures underline the scale and pace of change in a country long associated with pilgrimage travel but now positioning itself as a diversified global tourism destination. Data […]
Arabian Post Staff -Dubai A high-level delegation from Saudi Arabia, led by Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah, is set to take part in the World Economic Forum Annual Meeting 2026, underlining Riyadh’s effort to shape global economic and political debates at a time of shifting trade patterns, energy transitions and geopolitical uncertainty. Officials familiar with the plans said the delegation would include […]
Matein Khalid The tragic images of the bloodbath in Iran, caused by the regime’s crackdown on protests have horrified the world and amplified the price surge in both oil and precious metal markets, with silver at $95 an ounce and tin up almost 30% in the first two weeks of 2026. Emerging markets will unquestionably be the dominant theme of 2026 now that the macro data suggests […]
Abu Dhabi has constituted the board of its new sovereign investment platform, L’IMAD Holding Company, marking another step in the emirate’s drive to broaden revenue streams and deepen its presence in global deal-making. The formation of the board, announced by the Abu Dhabi Media Office, places the vehicle alongside a growing roster of state-backed investors tasked with deploying capital across sectors seen as strategic to long-term growth. […]
