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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

26/01/2025

	Saudi Arabia’s carbon credit market leadership paving way for regional unity A unified regional carbon market is increasingly likely as Saudi Arabia takes the lead in this growing area of sustainability, experts have told Arab News.
	Saudi ecosystem sees seeds rounds and dedicated funds Saudi Arabia’s startup ecosystem has seen notable activity across multiple industries with local firms securing sizable funding rounds and venture capitals announcing dedicated funds.
	Kingdom’s digital ‘leapfrog’: Intel executive VP highlights 20-year Saudi partnership Saudi Arabia’s Vision 2030 has enabled the Kingdom to “leapfrog other countries,” creating a robust ecosystem that aligns with Intel’s digital transformation strategy, the company’s executive vice president and chief commercial officer told Arab News.
	UAE, India, and China among top destinations for KSA’s non-oil goods The UAE was the leading destination for Saudi Arabia’s non-oil exports in November, with outbound shipments to the Emirates reaching SR7.17 billion ($1.87 billion) in what was a 22.35 percent month-on-month rise.
	Kingdom arrests 22,555 illegals in one week Saudi authorities arrested 22,555 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
	Kuwait's Q8 wins bids to operate two major gas stations in Europe CEO of Kuwait Petroleum International (Q8) Shafi Al-Ajmi said Saturday the company has won two bids to operate two major gas stations in Europe.
	Kuwait-UAE week to explore avenues for stronger trade ties The upcoming “Kuwait-UAE Week,” set for February 3-4 in Dubai, aims to explore opportunities to strengthen economic cooperation and bilateral trade between the two nations, said Kuwait’s Minister of Commerce and Industry Khalifa Al-Ajeel.
	Kuwait awards design of railway project to Turkish firm Proyapi The Central Agency for Public Tenders in Kuwait has awarded the design contract for the country’s railway project to Turkish engineering and consulting firm Proyapi, marking a significant step in the development of the Kuwait-Saudi Arabia railway.
	New traffic law goes into effect from April 22 The interior ministry said on Thursday the new traffic law, which has stiffened penalties, especially for serious offenses, was published in the official gazette Kuwait Al-Youm on Wednesday, and accordingly it will be implemented after 90 days on April 22, 2025. The ministry stressed existing penalties and fines will be applied in the coming three months before the new law is applied. The new legislation replaces the existing 48-year-old law.

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