The Middle East and North Africa's capital markets recorded 10 initial public offerings in Q4 2025, raising total proceeds of $1.7 billion, said a report. This surge was led by regional heavyweight Saudi Arabia that remained the most active market with six IPOs netting $561.6 million for the three-month period.
The Saudi Air Connectivity Programme (ACP) and Singapore Airlines have signed an agreement to launch the first direct air route between Singapore and Riyadh. Beginning June 2026, four weekly flights will operate, boosting tourism, trade, and connectivity between Saudi Arabia and Singapore.
Saudi Arabia's Tourism Development Fund (TDF) has announced that Rixos Murjana is set to open in King Abdullah Economic City on Saudi Arabia’s Red Sea coast, positioning itself as the country’s largest ultra all-inclusive resort featuring 488 rooms and suites as well as 33 villas.
Rixos Murjana, enabled by Saudi Arabia’s Tourism Development Fund (TDF), is set to open in King Abdullah Economic City as the largest ultra all-inclusive resort in Saudi Arabia and a landmark destination along the Red Sea coast.
Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer.
The Kingdom of Saudi Arabia has achieved a global milestone in the digitisation of capital markets with the successful execution of the world’s first sovereign-native tokenised property title deed transfer. This infrastructure reduces property settlement times from days to mere seconds.
The world’s largest integrated ecosystem for water innovation, the “Water Oasis” in Rabigh Governorate, has begun operations, said the Saudi Water Authority.
Catapult, the global full-service live experience agency with offices in Dublin, London, New York, and Los Angeles, has announced its strategic expansion into Saudi Arabia. The company's entry into the Kingdom is supported by AstroLabs, the Gulf's leading business expansion platform.
Lucid Group, maker of advanced electric vehicles, delivered 15,841 vehicles in 2025, up 55% compared to full year 2024. Lucid, which is majority-owned by Saudi Arabia’s Public Investment Fund, said the production nearly doubled year over year.
Saudi Arabia recorded an 18.6% increase in non-oil exports, including re-exports, in the fourth quarter of 2025 (Q4) compared to the fourth quarter of 2024.
