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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

17/12/2025

	Raimondi deploys six flat-top cranes at Sharjah community project site Raimondi Middle East has announced that it has successfully installed six flat-top tower cranes for one of the latest construction phases of Aljada, the large-scale master community development from Sharjah developer Arada.
	Saudi financial wealth reaches $1.25tn as asset mix shifts, BCG says Saudi Arabia: Saudi Arabia’s financial wealth rose to $1.25 trillion in 2024, up 4.4 percent from a year earlier, underscoring steady balance-sheet expansion as the Kingdom’s investor base becomes more diversified, a new analysis showed.
	Saudis account for 70% of Lucid’s workforce in the Kingdom, official says Saudi Arabia: Saudis make up 70 percent of Lucid Motors’ workforce in Riyadh and King Abdullah Economic City, Faisal Sultan, the company’s Middle East president, told Al-Eqtisadiah.
	ACWA Power inks deal with AfDB to boost energy and water projects across Africa Saudi Arabia: Saudi utility giant ACWA Power has signed a cooperation framework agreement with the African Development Bank to enhance collaboration on power generation and water desalination projects across Africa.
	Saudi gemstones, jewelry sector to attract $186m in new investments Saudi Arabia: Saudi Arabia’s gemstones and jewelry sector is set to attract investments worth SR700 million ($186 million) over the next five years, led by Al-Safa Group, according to Ali Batarfi, vice chairman of the National Committee for Precious Metals at the Makkah Chamber of Commerce and CEO of the group.
	Saudi Arabia raises $1.8bn in December sukuk issuance: NDMC Saudi Arabia: Saudi Arabia’s National Debt Management Center has raised SR7.01 billion ($1.87 billion) through its December sukuk issuance.
	Saudi Arabia accounts for 25% of Pakistan’s global financial remittances, says ambassador Saudi Arabia: Remittances from Pakistani workers in Saudi Arabia reached around $9 billion last year, representing 25 percent of the total global financial remittances received by the country, according to Islamabad’s Ambassador to Riyadh.
	$5.1bn deals signal Saudi push to reshape global supply chains Saudi Arabia: Saudi Arabia accelerated its transformation into a global logistics hub this week as 93 agreements and memorandums of understanding worth more than SR19.05 billion ($5.1 billion) were signed to launch major logistics projects across the Kingdom.

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