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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

27/05/2024

	SME financing in Saudi Arabia surges 20.4% in Q4 of 2023 Financing provided to small and medium enterprises in Saudi Arabia surged by 20.4 percent year on year to $73.5 billion in the fourth quarter of 2023, official data showed.
	King Khalid International tops Saudi airport rankings with 82% compliance rate: GACA report Saudi Arabia’s King Khalid International Airport emerges as one of the top three performing terminals in the Kingdom, according to official data.
	Saudi fashion industry projected to expand by 48% by 2025 Saudi Arabia’s fashion industry is set to post a cumulative annual growth of 48 percent from 2021 to 2025 as the Kingdom diversifies its economy, a report said.
	Oman’s banking sector sees 2.9% rise in credit to $80bn by end of March Oman’s banking sector experienced a 2.9 percent rise in total credit, reaching 30.8 billion Omani rials ($80 billion) by the end of March, official data showed.
	S&P reaffirms Bahrain’s credit rating amid fiscal challenges; outlook stable Bahrain’s commitment to fiscal consolidation has witnessed S&P Global Ratings reaffirm its “B+/B” credit standing with a stable outlook despite challenges in 2023.
	Closing bell: Saudi main index slips to close at 11,850 Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 145.35 points, or 1.21 percent, to close at 11,850.64.
	DP World, Mawani launch $250m logistics park project at Jeddah Islamic Port The Saudi logistics sector is poised for growth with DP World’s investment of SR900 million ($250 million) to build a distribution center at the Jeddah Islamic Port.
	Saudi’s ACWA Power signs several MoUs with Japanese companies Saudi Arabia’s ACWA Power signed memorandums of understanding with several Japanese companies on the sidelines of the Saudi-Japan Vision 2030 Business Forum that took place on May 21.

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