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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

23/01/2025

	Saudi Vision 2030 spurring growth across the real estate sector, says industry leader at Davos Saudi Arabia’s real estate sector is undergoing a transformation that ranges from affordable housing to luxury living under the Kingdom’s Vision 2030 reform agenda, according to the chairman of Saudi company Dar Al Arkan.
	Saudi Arabia, Palestine to boost trade with formation of new business council Saudi Arabia and Palestine have agreed to form a business council to boost bilateral trade and promote investments between both nations.
	Saudi crude output up 1.21% to hit 8.92m bpd: JODI Saudi Arabia’s crude oil production rose to 8.92 million barrels per day in November, a 1.21 percent annual increase according to the latest release from the Joint Organizations Data Initiative.
	Saudi education spending surges 91.5% amid school return Education spending in Saudi Arabia surged by 91.5 percent to SR220.76 million ($58.8 million) between Jan. 12 and 18, fueled by students returning to school after the midyear break.
	PIF to sell Thiqah to Elm in $907m deal to strengthen Saudi Arabia’s ICT sector Saudi digital solutions company Elm has agreed to acquire Thiqah Business Services Co., owned by the Public Investment Fund, in a deal valued at $907 million to boost the information and communications technology sector.
	Closing Bell: Saudi Arabia’s main market dips slightly to 12,362 Saudi Arabia’s Tadawul All Share Index was steady on Wednesday, as it marginally shed 7.21 points or 0.06 percent to close at 12,362.39.
	Oman’s Asyad Group plans to sell at least 20% of shipping unit via IPO Oman’s state-owned logistics firm Asyad Group plans to sell shares in its shipping subsidiary through an initial public offering, it said on Wednesday, as part of the Gulf country’s privatization drive.
	Saudi Arabia announces new national policy to eliminate forced labor Saudi Arabia has introduced its National Policy for the Elimination of Forced Labor, the Ministry of Human Resources and Social Development announced.

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