Stocks
stc Posts Record SR77.8 Billion Revenue – but the Real Story Is What It’s Building Next
stc group posts record SR77.8B revenue and 12.5% adjusted profit growth as its $13B center3 data center bet targets 1GW capacity by 2030.
Economy
US-Saudi Nuclear Deal Opens Door to Uranium Enrichment, Breaking Gulf Precedent
Proposed US-Saudi nuclear deal would grant Riyadh uranium enrichment rights, breaking Gulf gold standard and raising proliferation fears amid Iran talks.
Crypto
Jordan Opens the Door to Crypto While the Fed Tries to Build the Walls Around It
Jordan admitsJordan admits its first crypto firm to the CBJ sandbox. The Fed proposes treating digital assets as a standalone class for derivatives. Two sides of one shift. first virtual asset firm to regulatory sandbox while US Fed proposes classifying crypto as independent asset class
Economy
Saudi Awwal Bank Turns 100 With Record SR8.5 Billion Profit — But the Kingdom’s Credit Boom Has a Funding Problem
SAB's record SR8.5bn profit and 15% loan growth mask a sector-wide funding squeeze, with Saudi bank loan-to-deposit ratios now above 100% amid Vision 2030's credit boom.
Economy
Sudan’s War Machine Faces UK Sanctions While Civilians Return to Ruins
UK sanctions and US humanitarian pledges for Sudan highlight disconnect between diplomatic action and civilian crisis as millions return to destroyed cities
Earnings
$6 Billion Question: Saudi Arabia’s Next Gaming Target
Saudi Arabia reportedly eyes $6B mobile gaming acquisition as part of broader entertainment sector push under Vision 2030.
Economy
Saudi Crown Prince Reshuffles Cabinet for Vision 2030 Sprint
Saudi Arabia appoints PIF's Fahad Al-Saif as investment minister, signaling intensified efforts to attract foreign capital and compete with UAE hubs.
Economy
Saudi Housing Boom Attracts Major Regional Developers
Major residential development announced in Riyadh featuring 3,018 units and SR3.3 billion investment, supporting Saudi Vision 2030 homeownership goals.
Stocks
Qatar Investment Authority Backs Anthropic’s Record $30B AI Funding Round
Qatar Investment Authority joins $30B funding round for AI company Anthropic, now valued at $380B with rapid revenue growth claims.
Commodities
Thailand’s GULF Secures $1.9B for Renewable Projects: What It Means for Middle East Energy Transition
Thailand's GULF secures $1.9B financing for 939 MW renewable energy projects, offering insights for Middle East clean energy transitions.
Economy
International Housing Partnerships Transform Saudi Construction Standards
Saudi-Korean partnership launches Kingdom's first joint residential project with 430 units in Riyadh, featuring 10-year warranties and modern amenities
