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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

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21/02/2026

	Saudi POS stays above $4bn as Ramadan spending lifts outlays on home goods Saudi Arabia: Saudi point-of-sale transactions remained above $4 billion in the week ending Feb. 14, with spending on furniture and home supplies rising ahead of Ramadan, central bank data showed.
	Armah Sports net profit up 62% on strong personal training demand Saudi Arabia: Strong demand for personal training services and continued expansion in its membership base drove Armah Sports Co.’s net proft to shareholders up 62 percent to SR62 million ($16.53 million) in 2025.
	Aldar issues $1bn hybrid notes to Apollo to support growth momentum United Arab Emirates: Aldar Properties has issued a $1.0 billion in subordinated hybrid notes to Apollo Global Management through a private placement, raising additional capital to support its strong growth momentum.
	Keolis appoints new CEO for Middle East & Eastern Asia United Arab Emirates: Keolis Group, a global leader in shared mobility and public transport, has appointed Youenn Dupuis as CEO Middle East & Eastern Asia.
	Licences must for petroleum, petchem activities: Saudi Ministry of Energy Saudi Arabia: Saudi Arabia's Ministry of Energy has reiterated that all activities involving petroleum and petrochemical materials must obtain the necessary licences from the ministry.
	Mubadala completes acquisition of 15pc stake in Egypt’s Nargis concession United Arab Emirates: Mubadala Energy, the Abu Dhabi headquartered international energy company, has completed the acquisition from Eni of a 15 per cent participating interest in the Nargis Offshore Area (“Nargis”) concession, an offshore exploration block in Egypt.
	Elsewedy consortium achieves key Rabigh 1 expansion milestone with $1.4bn SEC dea Saudi Arabia: A consortium of Elsewedy Electric and Siemens Energy has achieved a major milestone in the expansion of Saudi Arabia’s Rabigh 1 power plant following the signing of a SAR5.3 billion ($1.4 billion) energy conversion agreement by Saudi Electricity Company (SEC) and Saudi Power Procurement Company (Principal Buyer).
	Celeros Flow Technology signs Corporate Procurement Agreement with Aramco Saudi Arabia: Celeros Flow Technology (Celeros FT) has signed a Corporate Procurement Agreement (CPA) with Aramco, marking a key milestone in the two companies’ strategic partnership.

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