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Press Dossier   By Date  24/12/2025
SDB signs 11 cooperation agreements at DeveGo 2025
Saudi Arabia: Saudi Arabia’s Social Development Bank signed 11 cooperation agreements during the Entrepreneurship and Modern Business Practices Forum, or DeveGo 2025, spanning key sectors including finance, education, and energy, as well as healthcare, heritage, the non-profit sector, and freelance work, alongside government ministries and official authorities.
Saudi banks post 2.5% loan growth in Q3 as corporate credit leads: Alvarez & Marsal
Saudi Arabia: Saudi Arabia’s 10 largest listed banks recorded a 2.5 percent increase in net loans and advances in the third quarter from the previous three months, underscoring sustained lending momentum in the Kingdom, a new analysis showed.
Saudi Arabia exports 1st industrial water treatment plant with nanotechnology to Europe
Saudi Arabia: Saudi Arabia’s GI Aqua Tech is set to export its first industrial wastewater treatment plant using nanotechnology in early 2026, the company’s CEO, Sherif Desouky, told Al Eqtisadiah.
Saudi Industry Ministry, KAUST roll out manufacturing technology drive
Saudi Arabia: Saudi Arabia’s Ministry of Industry and Mineral Resources has partnered with King Abdullah University of Science and Technology to roll out a new initiative aimed at accelerating the adoption of advanced manufacturing technologies across the Kingdom’s industrial sector.
Masdar to develop Southeast Asia’s largest floating solar plant
United Arab Emirates: Abu Dhabi Future Energy Company Masdar has announced its first project in Malaysia, with the signing of a power purchase agreement (PPA) to develop a 200-megawatt (MW) floating solar photovoltaic (PV) project at the Chereh Dam in Pahang State.
National funding funds empower entrepreneurship in tourism sector
United Arab Emirates: Investment in the UAE’s tourism sector is increasingly attracting entrepreneurs, underpinned by its strong contribution to the national economy, significant share of GDP, job creation potential and growing role in boosting the country’s global competitiveness and income diversification.
Saur lands Doha city wastewater projects O&M contract
Qatar: French water services group Saur has announced that it has secured a major wastewater operations and maintenance contract in Qatar, thus marking a significant milestone in its continued expansion across the Middle East.
Azizi starts handover of 762-unit Dubai Studio City residences
United Arab Emirates: UAE-based Azizi Developments has begun the handover of its vibrant mixed-use community - Beach Oasis I - in Dubai Studio City.
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