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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

14/08/2024

	Closing bell: Saudi main index gains 56 points to 11,797 Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 56.18 points or 0.48 percent, to close at 11,796.84.
	Kuwait’s Warba Bank lists $500m sustainable sukuk on Nasdaq Dubai Nasdaq Dubai has listed $500 million in sustainable trust certificates issued by Kuwait’s Warba Bank, marking a significant advancement in the region’s financial sector.
	Saudi airport operator Cluster2 achieves new record with 1.73m travelers in July Cluster2, the Saudi airport operating firm, has set a new passenger milestone by handling 1.73 million travelers in July, marking a 9 percent increase from the previous record set in July 2019.
	Saudi EXIM Bank secures $10m credit line with Mauritania to boost non-oil exports A $10 million credit line agreement was signed between Saudi EXIM Bank and Mauritania Investment Bank aims to enhance the Kingdom’s non-oil exports to the African nation and strengthen bilateral trade relations.
	Saudi Arabia extends waiver on expat fees for industrial sector employees Saudi Arabia on Tuesday announced an extension of its waiver on fees for expatriate workers in the industrial sector, continuing a policy first introduced in 2019.
	MoI: No transactions without biometrics The interior ministry warned on Tuesday that Kuwaitis and expats who have not submitted their biometrics once the deadline passes will be barred from doing transactions with government bodies.
	Etihad’s H1 profit surges 48% to Dh851m Etihad Airways recorded a 48 per cent increase in profit after tax at Dh851 million driven by strong passenger and cargo revenue growth in the first six months of 2024.
	UAE: Airfares for visa-free countries surge 300% ahead of next public holiday UAE residents will have to pay a whopping 300 per cent more on airfares to visa-free countries during the next long weekend.

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