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Press Dossier   By Date  10/12/2025
Momentum 2025 opens in Riyadh to drive next-phase global development financing
Saudi Arabia: The Global Development Finance Conference Momentum 2025 opened in Riyadh on Tuesday, signaling the start of what senior officials described as a transformative new chapter in the Kingdom’s development financing landscape
Lucid’s move into Alkhobar marks a new phase in Saudi Arabia’s EV transition
Saudi Arabia: Lucid opened its first showroom in Alkhobar on Dec. 5, completing its presence across Saudi Arabia’s three largest regions and underscoring the rapid progress of the Kingdom’s electric-mobility push under Vision 2030.
Over 150 Chinese investors seek Saudi partnerships in petrochemicals, plastics, and printing
Saudi Arabia: More than 150 Chinese investors in the petrochemicals, plastics, and printing sectors are seeking strategic partnership opportunities with their Saudi counterparts, aiming to localize specialized industries and boost investment flows.
Saudi mining firms sign license-swap deal to boost exploration, collaboration
Saudi Arabia: Two Saudi mining firms have agreed to exchange exploration licenses, aiming to accelerate exploration activities, enhance operational efficiency, and strengthen collaboration across the Kingdom’s mineral sector.
Saudi industrial output jumps 8.9% in October on oil and manufacturing gains
Saudi Arabia: Saudi Arabia’s industrial production jumped 8.9 percent in October from a year earlier, driven by higher oil output and broad gains across mining and manufacturing, official data showed.
Saudi Arabia set to attract $500bn in private investment, Al-Falih tells conference
Saudi Arabia: Sustainability, technology, and financial models were among the core topics discussed by financial leaders during the first day of the Momentum 2025 Development Finance Conference in Riyadh.
Saudi real estate market posts Q3 growth on solid investor demand
Saudi Arabia: A dynamic real estate landscape continued to unfold across the Kingdom of Saudi Arabia in Q3 2025, catalysed by Vision 2030's transformative impact, according to property expert JLL.
Dar Global awards enabling works contract for 80-floor Trump tower
United Arab Emirates: Dar Global, the London-listed luxury real estate developer, has awarded the enabling works contract for the Trump International Hotel & Tower, Dubai to Edra for Emirates, thus marking a key milestone in advancing construction of this landmark development on Sheikh Zayed Road at the entrance of Downtown Dubai.
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