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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

31/07/2024

	Consumer confidence in Saudi economy among highest globally: Survey Consumer confidence in Saudi Arabia ranks among the highest globally, with 95 percent of respondents believing the country is heading in the right direction, according to a new survey.
	Closing bell: Saudi main market closes in red at 12,065 Saudi Arabia’s Tadawul All Share Index continued its downward trend for the second consecutive day as it shed 56.75 points to close at 12,064.65.
	Saudi Arabia, UAE propel regional M&A activity in H1 to hit $49.2bn Merger and acquisition activity in the Middle East and North Africa region saw a modest 1 percent increase year on year in the first half of 2024, reaching $49.2 billion across 321 deals, according to Ernst & Young.
	flyadeal’s seating capacity rises 9% to reach 5m in H1 Saudi Arabia’s low-cost airline flyadeal saw a significant increase in available seating capacity in the first half of this year, reaching 5 million, which represents a 9 percent rise compared to the same period in 2023.
	Qatar’s Hamad International Airport sees 25% surge in passenger traffic The number of passengers passing through Qatar’s Hamad International Airport surged 25 percent year on year to reach 25.9 million travelers in the first half of 2024.
	Saudi Arabia’s Tabuk region holds investment opportunities worth $13bn: Al-Falih The investment opportunities in Saudi Arabia’s Tabuk region are currently estimated at SR50 billion ($13.3 billion), according to the Kingdom’s Minister of Investment, Khalid Al-Falih.
	Saudi Arabia rises to 4th in WEF skilled employees index Saudi Arabia has now risen to fourth place in the World Economic Forum’s rankings for finding skilled employees, climbing three positions and demonstrating significant global progress, the Saudi Press Agency reported.
	Saudi, Brazilian banks sign deal to boost trade ties, non-oil exports Trade between Saudi Arabia and Brazil is poised to expand following a new agreement between their banks aimed at boosting cooperation and increasing non-oil exports.
	Saudi-S. Korea firms sign 10 agreements at high-level business forum Saudi and South Korean companies signed 10 agreements spanning construction, energy and health sectors on the sidelines of a business forum in Seoul on Tuesday.

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