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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

25/12/2025

	Saudi PIF-backed Humain awards AI data center project to MIS Saudi Arabia: Humain, an artificial intelligence company backed by Saudi Arabia’s Public Investment Fund, has awarded Al Moammar Information Systems Co. a contract to design and build a data center dedicated to AI technologies.
	Six vital sectors drawing US investors to Saudi Arabia Saudi Arabia: Six vital sectors are drawing US investors, including entrepreneurs and small businesses, to Saudi markets as the Kingdom continues to develop its regulatory framework and foster innovation, Deborah Lehr, interim CEO of the Meridian International Center, said in an interview with Al-Eqtisadiah.
	Saudi carrier flynas starts direct Jeddah–Moscow flights Saudi Arabia: Saudi Arabia’s low-cost airline flynas has launched direct flights between Jeddah and Moscow, expanding air links between the Kingdom and Russia as Saudi carriers add international capacity to support tourism growth.
	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.
	TMG, Al Muhaidib Group launch $5bn mixed-used projects in Oman Oman: Talaat Moustafa Group Holding (TMG), a leading real estate development company in the region, has partnered with Al Muhaidib Group, one of the largest conglomerates in the Kingdom of Saudi Arabia
	Indian group Nisus buys key residential tower in Dubai Motor City United Arab Emirates: Nisus Finance Services Company Limited (NIFCO), has announced the acquisition of a residential building – Lootah Avenue situated in Dubai Motor City – at an investment outlay of AED221 million ($60 million) covering the cost of acquisition, transaction expenses, and refurbishment.
	Imkan acquires 51pc stake in Majestic Marine Investments Group United Arab Emriates: Imkan, a leading master developer based in Abu Dhabi and a subsidiary of Abu Dhabi Capital Group (ADCG), has announced the acquisition of a 51% stake in Majestic Marine Investments Group, a leading marine engineering and marina construction company operating across the UAE and Saudi Arabia.
	Emsteel taps nuclear power to cut steel emissions United Arab Emirates: Emsteel Group, a leading integrated steel and building materials manufacturer in the region, has announced a major step toward decarbonising steel production through collaboration with the Emirates Nuclear Energy Company (ENEC).

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