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Press Dossier   By Date  03/12/2025
Saudi Arabia approves 2026 budget with $306bn in projected revenues
Saudi Arabia: Saudi Arabia is projected to generate SR1.15 trillion ($306 billion) in revenue in 2026, a 5.1 percent increase on the 2025 estimate, underscoring the gains from the Kingdom’s ongoing economic diversification agenda.
Airbus faces new quality problem on A320 jets
United Arab Emirates: Airbus has discovered an industrial quality issue affecting fuselage panels of several dozen A320-family aircraft, industry sources said on Monday.
Saudi non-oil PMI holds strong at 58.5 as output growth hits 10-month high
Saudi Arabia: Saudi Arabia’s non-oil economy maintained strong momentum in November, with output rising at its fastest pace in 10 months even as the headline Purchasing Managers’ Index eased to 58.5.
We expect 15% annual growth for our business in Saudi Arabia: Siemens official
Saudi Arabia: Siemens Saudi Arabia expects annual growth in its operations to exceed 15 percent,
Saudi Arabia ranks 3rd globally in leading AI models, job growth rate: Stanford AI Index
Saudi Arabia: Saudi Arabia has achieved third place globally in the development of artificial intelligence models and in the growth rate of AI-related jobs.
Saudi HR fund backs over 150k industrial jobs with $267m training push
Saudi Arabia: Saudi Arabia’s Human Resources Development Fund has supported the employment of 151,000 citizens in the industrial and mining sectors since 2020, backed by more than SR1 billion ($266.6 million) in training-to-employment programs.
Bombardier's hitech Abu Dhabi facility set for 2026 launch
United Arab Emirates: Bombardier has today (December 3) announced significant progress on its new state-of-the-art service centre at the Al Bateen Executive Airport (AZI). Construction has advanced, with the structural framework of the main building and hangar now rising.
Aramco's Jafurah gas plant begins output
Saudi Arabia: The first phase of Aramco's Jafurah gas plant is complete and production has begun with a capacity of 450 million cubic feet per day, the Saudi finance ministry said.
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