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Press Dossier   By Date  19/02/2026
PIF’s Humain invests $3bn in Elon Musk’s xAI prior to SpaceX acquisition
Saudi Arabia: Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund, invested $3 billion in Elon Musk’s xAI shortly before the startup was acquired by SpaceX.
Moody’s establishes regional HQ in Saudi Arabia, deepening its Middle East footprint
Saudi Arabia: Global risk assessment firm Moody’s Corp. announced on Feb. 18 the establishment of a new regional headquarters in Riyadh, aiming to deepen the company’s presence in Saudi Arabia.
Saudi Public Investment Fund cuts US equity holdings to $12.9bn
Saudi Arabia: Saudi Arabia’s Public Investment Fund reduced the value of its US-listed equity holdings to $12.9 billion at the end of the fourth quarter of 2025, down from $19.4 billion at the close of the third quarter, according to its latest filing with the US Securities and Exchange Commission.
Mawani, Qatar Ports ink cooperation deal to boost regional maritime trade
Saudi Arabia: The Saudi Ports Authority, or Mawani, and Qatar Ports Management Co. signed a memorandum of understanding aimed at boosting maritime and logistics cooperation, contributing to the development of the ports sector, raising operational efficiency, and supporting regional and international trade flows
Arab Energy Fund arranges $346m financing for Iraq oil field expansion
Saudi Arabia: The Arab Energy Fund has led and closed a $346 million reserve-based financing facility for Kuwait Energy Basra Limited, the operator of Block 9 in southern Iraq, in a move that will support the next phase of expansion and development at the field,
Qatar CPI sees monthly drop in January as annual inflation rises 2.28%
Qatar: Qatar’s consumer price index climbed 2.28 percent in January from a year earlier, official data showed, while registering a 2.22 percent drop from the previous month.
Data leak at Abu Dhabi finance summit exposes global figures, FT reports
United Arab Emirates: Former British Prime Minister David Cameron and hedge fund billionaire ​Alan Howard were among the hundreds whose passports and other identification papers were leaked online after they attended an Abu Dhabi conference, the Financial Times reported on Tuesday.
WAM Saudi 2026 concludes with global deals and industrial innovation momentum
Saudi Arabia: The World Advanced Manufacturing and Logistics (WAM) Saudi Summit and Expo 2026 has officially come to an end following three days of high-impact discussions, strategic collaborations, and cutting‑edge innovations.
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