2026-10-29 22:07 GMT
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Wire service — Next MENA Media Group

Category: Business

Saudi Arabia’s May construction awards hit 2026 high at $8bn

Saudi Arabia’s May construction awards hit 2026 high at $8bn

   Saudi Arabia’s May Construction Awards Reach 2026 High of $8 Billion Saudi Arabia’s construction sector recorded a major milestone in May…

June 17, 2026
Middle East shoppers still spending but hunting harder for value, NielsenIQ finds

Middle East shoppers still spending but hunting harder for value, NielsenIQ finds

   Middle East Consumers Keep Spending but Shift Strongly Toward Value and Smart Buying, NielsenIQ Finds Consumers across the Middle East are…

June 5, 2026
Saudi Arabia weathering regional economic storm, IMF says

Saudi Arabia weathering regional economic storm, IMF says

  According to the International Monetary Fund (IMF), Saudi Arabia has shown notable resilience in weathering the broader economic and geopolitical “storm”…

June 3, 2026
Franc Vila Names Gulf Its Primary Market as Region’s Luxury Watch Sector Approaches $830 Million

Franc Vila Names Gulf Its Primary Market as Region’s Luxury Watch Sector Approaches $830 Million

  Switzerland’s ultra-limited watchmaker announces the Sovereign Living Form philosophy as Gulf collectors increasingly seek provenance and creative conviction over brand recognition.…

May 21, 2026
Netflix spent over $135 billion on film, TV over last decade

Netflix spent over $135 billion on film, TV over last decade

 Netflix has reportedly spent more than $135 billion over the past decade on film and television content, underscoring the scale of its…

May 18, 2026
Snapchat launches AI chatbot ads in chat feature

Snapchat launches AI chatbot ads in chat feature

 Yesterday, April 28, 2026, Snap officially announced a major shift in its advertising strategy with the launch of AI Sponsored Snaps. This…

April 29, 2026
Saudi banks post strong Q1 profit growth on lending momentum

Saudi banks post strong Q1 profit growth on lending momentum

The reported strong profit growth for Saudi banks in Q1 2026 reflects a robust start to the year, driven largely by a…

April 21, 2026
Carglass: A “Clear View” for the Recovery of European IPOs

Carglass: A “Clear View” for the Recovery of European IPOs

 The potential IPO of Belron—the parent company of Carglass—has become the beacon of hope for European stock markets in April 2026. After…

April 17, 2026
Saudi Business Confidence Index remains optimistic despite Iran war

Saudi Business Confidence Index remains optimistic despite Iran war

 The Saudi Business Confidence Index (BCI) indeed reflects a resilient sense of optimism as of April 2026, though the data shows a…

April 10, 2026
Saudi commercial registrations reach 1.89m as 71k new businesses launch in Q1

Saudi commercial registrations reach 1.89m as 71k new businesses launch in Q1

Saudi Arabia’s business landscape has hit a major milestone in the first quarter of 2026, as the total number of commercial registrations…

April 7, 2026