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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

31/10/2023

	UAE to announce petrol, diesel prices for November; will rates rise due to Middle East crisis? The UAE’s Fuel Price Committee is expected to announce revised retail petrol and diesel rates for November on Tuesday (tomorrow) to align prices with the global rates.
	Borouge reports 22% Q3 2023 net profit increase Borouge Plc has reported a net profit of $282 million (Dh1.04 billion) for the quarter ended September 30, marking a 22 per cent increase over the previous quarter.
	Dubai residential rents jump 27.2% in Q3 Dubai’s residential rents jumped 27.2 per cent in the third quarter of 2023 compared to the same period last year, and 2.1 per cent since the previous quarter.
	Saudi investment ministry signs 8 MoUs to boost healthcare sector Almost 4,000 new healthcare jobs are set to be created in Saudi Arabia after the Ministry of Investment signed eight memorandums of understanding, valued at SR4 billion ($1.07 billion), with seven international and local companies.
	Knowledge Economic City signs $933m deal with GIB Capital The Knowledge Economic City Co. has signed an agreement with Gulf International Bank Capital for SR3.5 billion ($933 million) in a bid to establish a real estate investment fund.
	Saudi airline flynas expands networks to Brussels and Bahrain Saudi low-cost carrier flynas has introduced a new travel route from Saudi Arabia to Bahrain.
	Saudi fund seals $100m loan deal to propel Argentina’s water sector Argentina’s water sector is set to get a boost thanks to a $100 million deal signed with the Saudi Fund for Development
	Saudi Justice Ministry grants licenses to 15 international law firms The Saudi Ministry of Justice has granted licenses to 15 international law firms to operate in the Kingdom, with another 15 applications currently under review, the Saudi Press Agency reported on Monday.

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