Canadian Companies Strengthen Saudi AI Projects in NEOM and Vision 2030 Amid Growing Trade Ties
Canadian AI firms boost Saudi projects like NEOM under Vision 2030, with trade at $4.1B and deepening tech, healthcare, and education ties.
Bahrain Inflation Hits 16-Month High on Energy and Transport Costs
Bahrain's inflation hit 1.1% in Nov 2025, a 16-month high, mainly due to rising energy and transport costs, with sectoral price disparities.
Saudi Unemployment Rate Rises to 3.4% in Q3 2025 Despite Improvement in Female Employment
Saudi unemployment rose to 3.4% in Q3 2025; female joblessness fell, but overall participation and job creation remain challenging.
Qatar's Economy Grows 2.9% in Q3 2025 Driven by Robust Non-Hydrocarbon Activities
Qatar's Q3 2025 GDP grew 2.9% year-on-year, led by 4.4% growth in non-hydrocarbon sectors, reflecting economic diversification.
Nigeria Secures $1.2 Billion UAE Loan for 700-Kilometer Coastal Highway Project
Nigeria gets $1.2B UAE loan for a 700km Lagos-Calabar coastal highway to boost trade, connectivity, and infrastructure growth.
New Direct Maritime Line Connects Iraq and UAE, Reducing Shipping Time to 36 Hours
A new direct maritime line links Iraq and UAE, cutting shipping time to 36 hours and boosting trade and regional logistics.
KKR Enters Saudi Market with Private Credit Deal to Finance Strategic ACWA Power Desalination Plant
KKR enters Saudi Arabia with a private credit deal to finance ACWA Power's desalination plant, boosting global investor confidence in the region.
Qiddiya to Open Six Flags Theme Park on December 31, 2025 with Digital Support from stc
Six Flags Qiddiya opens Dec 31, 2025, as Saudi's largest theme park, with stc providing digital support and smart city solutions.
Kuwait Signs Historic $4 Billion Strategic Contract with Chinese Giant for Mubarak Al-Kabeer Port: A Landmark Partnership Reshaping Regional Trade
Kuwait signs $4 billion contract with Chinese CCCC to build Mubarak Al-Kabeer Port under Belt and Road Initiative. Details of strategic benefits for both parties and the executing company in this landmark regional trade partnership
Canada and UAE Enter Deeper Strategic Partnership with Focus on Trade, AI, and Investment
Canada and UAE deepen ties in trade, AI, and investment, signing new agreements and boosting cooperation on security, economy, and innovation.
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