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- Mirza begins structured trade and SCF role at Riyad Bank
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- Eurozone economy ends 2025 on benign note even as risks linger
- QCB foreign reserves rise 2.65% in December to QR261.868bn
24/12/2025 04:49 AST
Universal ?Studios ?is in early planning ?stages to build a new ?theme park in Saudi Arabia, thus setting up a potential rivalry with Disney in the booming Middle East market, reported the Wall ?Street Journal citing people with knowledge of ?the matter.
American multinational mass media, telecommunications, and entertainment conglomerate Comcast Corporation is doing initial concept work for the park, which ?may be financed ?by a Saudi government-backed entity as part of ?a licensing deal with ?Universal, said the report.
Its CEO Brian Roberts had travelled to Saudi Arabia last month for ?an investment conference ?and visited the entertainment and sports megaproject Qiddiya, the ?report ?added.
Headquartered in Philadelphia, Comcast is known for its Xfinity brand providing cable, internet, and mobile services, alongside its entertainment holdings like NBCUniversal, Peacock streaming, and Universal theme parks, reaching hundreds of millions globally with content and connectivity.
Ranked 51st in the Forbes Global 2000 in 2023, it is the fourth-largest telecoms company by worldwide revenue.
Trade Arabia
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08/01/2026
The Qatar Central Bank (QCB)'s international reserves and foreign currency liquidity increased 2.65% in December y-o-y to reach QR261.868bn, compared to QR255.087bn in December 2024.
Data fr
Gulf Times
08/01/2026
The UAE tourism sector delivered a robust performance last year, with its contribution to the national GDP rising to 15 per cent, compared to six per cent in 2021, said Abdulla bin Touq Al Marri, Min
Trade Arabia
08/01/2026
As the GCC enters 2026, economic policy is being shaped by tighter external conditions, accelerating technological change and a more fragmented global trading system, says an expert.
The co
Trade Arabia
08/01/2026
The new amendments to the UAE Commercial Companies Law marks a pivotal milestone that underscores the UAE's commitment to enhancing the flexibility and sustainability of companies and supporting thei
Trade Arabia
08/01/2026
A delegation from the Saudi Fund for Development, headed by its chief executive Sultan bin Abdulrahman Al-Marshad, discussed proposed priority projects in Syria's electricity and water sectors with S
Asharq Al Awsat
Financial Information Co.
Saudi Arabia