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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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investment
Hospitality & Tourism
Diriyah project attracts $6 billion in private sector investments
Company to break ground on 11 new assets by the end of 2024
Real Estate
Aldar Properties awards $6 billion development contracts in 2023
Significant investments to boost Abu Dhabi's development
Hospitality & Tourism
Rua Al Madinah secures contracts worth over $79 million to drive hospitality industry forward
Deals were signed during PIF Private Sector Forum
Real Estate
DLD sets record with 1.6 million transactions in 2023
Dubai's real estate sector thrives spurred by ambitious goals and increased investor confidence
Saudi Arabia
PIF Private Sector Forum: stc Group signs raft of strategic agreements to enhance local content
Agreements align with the objectives outlined in Vision 2030
Markets
Saudi Arabia’s traded shares exceed $52 billion in January
Despite global uncertainties, Saudi stock indexes reflect stability and growth
Economy
Saudi Arabia’s PIF attracted over $25 billion worth of investments in three years
New Contractor Financing Program launched
Bahrain
Bahrain’s $2 billion sukuk and bond issuance reaps over $14 billion windfall
Strong investor demand enabled the kingdom to tighten pricing by lowering yields
Industry
Saudi Arabia launches National Automotive and Vehicles Academy, establishes Automotive Manufacturers Association
Training program to produce qualified staff for local car manufacturing companies
Energy
Duqm refinery, a $9 billion joint venture between Oman and Kuwait to launch tomorrow
New refinery boasts a daily refining capacity of 230,000 barrels of crude oil
Banking & Finance
EFG Hermes concludes advisory on Kazyon’s acquisition of 50 percent stake Dukan in Saudi Arabia
Following collaboration in Kazyon's $76.5 million capital raise/private placement in 2014
Economy
Saudi Arabia achieves $16 billion budget surplus in Q4 2023
Due to 40.7 percent YoY decline in government expenditures
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