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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

13/06/2024

	Closing Bell: Saudi main index continues it downward movement Saudi Arabia’s Tadawul All Share Index continued its downward trend for the third consecutive day as it shed 123.66 points to close at 11,651.81 on Wednesday.
	Saudi hospitality revenue to grow by 7.5% in next 4 years: report Saudi Arabia’s hospitality revenue is expected to see an compound annual growth rate of 7.5 percent from 2023 to 2028, propelled by government-led initiatives, according to new data.
	UAE Central Bank holds rates following Fed decision The UAE Central Bank on Wednesday decided to maintain the base rate applicable to the overnight deposit facility at 5.40 per cent.
	Kuwait Airways announces first flight to Salalah Kuwait Airways announced Wednesday its first flight to Oman’s Salalah, with three scheduled flights per week on Sunday, Tuesday and Friday.
	Cabinet calls for non-oil income diversification The Kuwaiti Cabinet asked the Kuwait Investment Authority (KIA) and other concerned state bodies to scale up investment efforts and tap investment opportunities to diversify non-oil income sources and create new jobs for Kuwaiti youth.
	Dubai: Is it illegal for kids to play in the common areas of apartments? We stay in a multi-storied apartment in Dubai, with no parks or open spaces nearby. Some children from neighbouring apartments get together to play in the common area.
	Up to Dh150,000 fines: UAE announces tighter telemarketing rules The UAE government has tightened regulations on telemarketing via phone calls, implementing new controls and mechanisms. Violators will face administrative penalties, including warnings and fines of up to Dh150,000.
	Saudi EXIM forges key international partnerships during Greek visit Saudi EXIM Bank and its Swedish counterpart have signed an agreement to enhance the Kingdom’s non-oil exports and explore trade and investment opportunities.

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