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Press Dossier   By Date  19/09/2024
Saudi Arabia sees 14.6% rise in container traffic in 2023: GASTAT
Saudi Arabia’s ports saw a 14.6 percent increase in both inbound and outbound container traffic in 2023 compared to the previous year, official data showed.
UAE mandates private firms to reserve board seats for women
The UAE has mandated private joint-stock companies to reserve at least one board seat for women, reinforcing the nation’s commitment to gender equality in leadership.
Kuwait trade surplus with Japan hits $543m
Kuwait’s trade surplus with Japan rose 15 percent year on year to 76.9 billion Japanese yen ($542.8 million) in August, official data showed.
Closing Bell: Saudi main index closes in green at 11,920
Saudi Arabia’s Tadawul All Share Index surged on Wednesday, gaining 35.28 points, or 0.30 percent, to close at 11,920.94.
Growth of Saudi banking sector accelerated by diversification initiatives: Moody’s
Saudi Arabia’s efforts toward economic diversification are fueling the growth of its banking sector, with industries such as construction and tourism offering appealing lending opportunities, according to a recent analysis.
GCC economies set for 4.4% growth in 2025, report forecasts
The Gulf Cooperation Council is expected to see its economies expand by 4.4 percent in 2025, driven by growth in the non-oil private sector, according to a new report.
New customs exemption introduced to support experimental production in Saudi Arabia
Saudi Arabia has launched a new customs exemption service designed to enhance the competitiveness of its industrial sector by removing duties on raw materials used in experimental production.
Saudi Arabia approves new commercial registration, trade name laws
Saudi Arabia has approved new laws for commercial registration and trade names, aiming to streamline business operations and improve the overall working environment.
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