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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

21/01/2025

	Saudi banking sector poised for stability with 10% lending growth: S&P Global Saudi Arabia’s banking sector is set to maintain profitability this year, with lending projected to grow by 10 percent, driven by corporate loans linked to Vision 2030 projects, according to a new analysis.
	Closing Bell: Saudi main index closes in the green, reaches 12,379 Saudi Arabia’s Tadawul All Share Index edged higher on Monday, rising by 47.67 points, or 0.39 percent, to close at 12,379.54.
	THC partners with SIRC to boost sustainability, innovate waste solutions Saudi Investment Recycling Co. and the Kingdom’s the Helicopter Co. have partnered to boost sustainability efforts and develop innovative waste management solutions.
	UAE’s money supply M1 increases 1.5% to $247.7bn The UAE’s M1 money supply saw a monthly rise of 1.5 percent at the end of October, reaching 909.9 billion dirhams ($247.7 billion), according to the latest figures released by the country’s central bank.
	Saudi rent now, pay later firm Rize closes $35m in equity and debt funding Saudi real estate technology company Rize has closed an SR132 million ($35 million) “Series A” funding round to expand its presence beyond the nation’s capital.
	Kuwait’s CPI rises 2.5% in December amid inflationary pressures Kuwait’s Consumer Price Index climbed 2.5 percent year on year in December, reaching 135.2, fueled by higher costs across miscellaneous goods and services, food and beverages, and clothing and footwear.
	UAE hits highest-ever Emiratisation rate with 131,000 citizens in private sector: Sheikh Mohammed For the first time, the number of Emiratis employed in the UAE's private sector hit 131,000 in 2024 — marking a significant 350-per-cent increase, it was announced on Thursday.
	UAE: Can tenants file complaints if rent hikes violate rules in Sharjah? I moved to Sharjah about a year ago. Can you tell me about the rent increase policies in the Emirate? How do I complain if my rent increases are not in line with these policies?

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