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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

16/10/2024

	IsDB to finance $3bn in 20 socio-economic projects across 17 countries The Islamic Development Bank is set to finance over $3 billion for 20 socio-economic development projects across 17 member nations, following its 357th board meeting chaired by President Muhammad Al-Jasser.
	Closing bell: Saudi main index rises to 12,002; trading turnover at $1.96bn Saudi Arabia’s Tadawul All Share Index rebounded on Tuesday, as it gained 41.96 points, or 0.35 percent, to close at 12,001.63.
	Saudi inflation steady at 1.7% in September amid rising housing costs: GASTAT Saudi Arabia’s annual inflation rate hit 1.7 percent in September, compared to the same period last year, driven by rising housing costs, official data showed.
	Saudi Arabia’s global pension index score rises amid ongoing reforms: Mercer Saudi Arabia’s Global Pension Index score improved to 60.5 in 2024, up from 59.5 last year, driven by ongoing reforms, a new analysis showed.
	Saudi Arabia, Italy enhance mining ties through investment talks Saudi-Italian mining relations are set to strengthen following meetings between senior officials in Rome focused on sustainable solutions, clean energy, and attracting investment to the Kingdom’s expanding exploration sector.
	Deals worth $28bn across various sectors expected at FII8, says Attias Deals worth $28 billion are expected to be announced at this year’s Future Investment Initiative, said FII Institute CEO Richard Attias.
	Saudi-South African Business Forum sees $25m credit agreement signed to help exporters A $25 million credit agreement involving the Saudi Export-Import Bank and a major South African financial institution was among the deals struck at a special business forum in Johannesburg.
	Shoura Council calls for investment in Saudi higher education, approves international MoUs The Saudi Shoura Council convened on Tuesday, led by its vice president, Mishaal bin Fahm Al-Sulami, to call for increased investment into the Kingdom’s education sector.

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