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Press Dossier   By Date  13/12/2025
Saudi National Development Fund sees 45 agreements worth $1.6bn at Momentum 2025
Saudi Arabia: Saudi Arabia’s National Development Fund and its affiliates signed 45 agreements with a total value of SR6 billion ($1.59 billion), with several local and international partners at the conclusion of the Momentum 2025 development finance conference.
Education spending surges 251% as students return from autumn break: SAMA
Saudi Arabia: Education spending in Saudi Arabia surged 251.3 percent in the week ending Dec. 6, reflecting the sharp uptick in purchases as students returned from the autumn break.
Saudi PIF executes 10 investment deals in MENA markets, says official
Saudi Arabia: Saudi Arabia’s Public Investment Fund has executed more than 10 investment deals across several markets in the Middle East and North Africa over the past two years, according to Muteb Al-Shathri, head of PIF’s Securities Investments Private Equity Section, who described the returns as “rewarding.”
Saudi Ministry of Industry issues 95 new licenses, announces production start at 81 factories in October
Saudi Arabia: Saudi Arabia’s Ministry of Industry and Mineral Resources issued 95 new industrial licenses during October, while production commenced at 81 new factories during the same month.
Saudi Cultural Development Fund signs 5 credit facility agreements worth over $16.7m
Saudi Arabia: The Saudi Cultural Development Fund has signed five credit facility agreements under its “Cultural Financing” program, totaling over SR63 million ($16.7 million), to finance several cultural projects.
Ajman property transactions hit Dhs2.42 billion in November, up 32%
United Arab Emirates: Real estate transactions in the Emirate of Ajman totalled 1,552 deals in November, with an overall value of Dhs2.42 billion, marking a 32% increase compared to the same period in 2024.
Dubai records sale of most expensive apartment in its history at Dhs550m
United Arab Emirates: The sale of the most expensive residential apartment ever recorded in Dubai was completed within the Bugatti Residences project, valued at Dhs550 million.
DP World launches 36-hour Dubai-Iraq sea link
United Arab Emirates: DP World has launched a new 36-hour maritime service between Dubai’s Mina Rashid and Iraq’s Umm Qasr Port, providing a faster alternative to overland trucking and accommodating up to 145 accompanied trailers per sailing.
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