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Press Dossier   By Date  17/07/2025
Saudi Arabia tops MENA VC rankings with $860m
Saudi Arabia: Saudi Arabia led venture capital activity in the Middle East and North Africa in early 2025, raising $860 million — a 116 percent annual jump — backed by sovereign support and foreign interest.
China Harbour to build $1.53bn Diriyah Arena
Saudi Arabia: Saudi Arabia’s entertainment landscape is set for a major boost with the awarding of a SR5.75 billion ($1.53 billion) contract to construct a 20,000-seat arena as part of the Diriyah development.
KSA raises $1.34bn through July sukuk issuance
Saudi Arabia: Saudi Arabia’s National Debt Management Center raised SR5.02 billion ($1.34 billion) through its riyal-denominated sukuk issuance for July, marking a sharp 113.6 percent increase compared to the previous month.
Hotel sector pushes weekly retail transactions to $3.5bn
Saudi Arabia: Hotel spending in Saudi Arabia increased by 8 percent in the week ending July 12, helping total point-of-sale transaction values reach SR13.12 billion ($3.5 billion).
Bahrain, US firms sign $17bn deals to boost ties
Bahrain: Bahraini and US companies signed a series of agreements worth approximately $17 billion, aimed at strengthening economic ties and advancing cooperation across key sectors, Bahrain’s state news agency BNA reported on Wednesday.
Dubai: Gold prices witness slight drop, 24K trading at Dh402.5
United Arab Emirates: On Wednesday morning, gold prices in Dubai opened slightly lower with 24K trading at Dh402.5 and 22K at Dh372.5 per gram. Spot gold was trading at $3,338.87 per ounce, up 0.25 per cent.
stc Bahrain launching new revolutionary travel app
Bahrain: stc Bahrain, a digital enabler, is launching its new app voya by stc, a groundbreaking travel app that demonstrates the company’s commitment to delivering innovative solutions for global travellers.
Bahrain, US sign agreement on peaceful nuclear energy
Bahrain: The Kingdom of Bahrain and the United States signed an agreement on cooperation in the field of peaceful nuclear energy, as part of the official visit of Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of the Kingdom of Bahrain, to Washington.
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