Faduma Muse

Humain, Saudi Arabia’s leading artificial intelligence company, has launched a conversational AI app for Arabs and Muslims as the kingdom seeks regional leadership in the technology. The app, initially only available in Saudi Arabia, will accommodate bilingual conversations in Arabic and English and work with multiple Arabic dialects including Egyptian and Lebanese. Read more: https://lnkd.in/deSfGCpP Amy Thomson Christine Burke

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Saudi Arabia and the UK announced over £360 million ($484 million) in joint investment deals to deepen economic ties and boost cross-border investment. The agreements, revealed at the Great Futures Summit in London, cover industries from financial services to technology. New funds will also be created to support growth in the Middle East and North Africa. Lexham Partners and Arab National Bank’s investment arm will launch a $200 million fund for growth-stage companies in the MENA region. Salica Investments plans to introduce a $75 million fund later this year, following its Salica Oryx Fund in 2021. These initiatives build on £3.7 billion in Saudi-linked investments secured in the UK since 2024. The UK aims to leverage its ties with Saudi Arabia to create opportunities for British companies and attract Saudi investment. For Saudi Arabia, the deals align with Vision 2030’s goal to diversify the economy and bring in foreign businesses. They also come as the UK negotiates a trade deal with Gulf states that could boost its GDP by £1.6 billion annually. https://lnkd.in/dWmbzFfC

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The automotive sector is a key driver of diversification and non-oil exports. Anchored by the King Salman Automotive Cluster, it hosts leading investors who leverage incentives and an integrated ecosystem enabling local manufacturing and innovation in sustainable mobility. Learn more: https://lnkd.in/dMj3GbDp

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١ تعليق واحد

Qatar’s Economic Performance – First Half of 2025 The first half of 2025 confirmed the resilience of Qatar’s economy. Commercial banks’ assets reached a record QAR 2.17 trillion, up 9 percent year-on-year, supported by steady LNG revenues that maintained fiscal surpluses and reinforced banking liquidity. Reforms and market openness accelerated foreign participation. Qatar Financial Centre (QFC) Authority registered 828 new firms in H1 (+64%), while the وزارة التجارة والصناعة Ministry of Commerce and Industry recorded 5,777 new entities in Q2, including 2,911 non-Qatari companies—a 640 percent surge following the approval of 100 percent foreign ownership. Capital markets and real estate added further strength. Listed companies posted QAR 26.67 billion in net profits (+2.3%), with the All-Share Index gaining 5.3 percent. Real estate transactions reached QAR 8.9 billion in Q2 (+30%), alongside a 26 percent rise in leasing contracts. These results reinforce Qatar’s position as a stable and competitive investment destination not a bubble.

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