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Press Dossier   By Date  04/07/2024
Saudi Arabia’s non-oil private sector PMI at 55, leading the Gulf region – S&P Global
Saudi Arabia’s non-oil private sector showcased robust growth in June, driven by increased demand, higher output levels, and a rise in employment, according to a report.
Saudi current account surplus expands to $7.6bn
Saudi Arabia’s first-quarter current account surplus widened to SR28.6 billion ($7.6 billion), up 75.46 percent from the previous quarter, driven by strong services exports, an analysis showed.
Saudi exporters receive over 31k certificates of origin in June in sign of robust sector
More than 30,000 certificates of origin were issued to Saudi manufacturers for the 14th consecutive month in June, highlighting the robustness of the Kingdom’s export sector.
‘Powerful’ Saudi energy sector can buck volatility trend, forum told
Business leaders hailed Saudi Arabia’s investment environment and prospects for economic growth at an event at the London Stock Exchange on Wednesday.
Abu Dhabi to expand office space as occupancy rates surpass 95% due to hedge funds
Hedge funds flocking to Abu Dhabi have pushed office occupancy rates over 95 percent, prompting a call for an increase in business-centric real estate.
Kuwait supports women, widows
Acting undersecretary of the Ministry of Social Affairs, Dr Khalid Al-Ajmi, confirmed on Tuesday that Kuwait is one of the distinguished countries in the application of charters and laws related to women’s rights, especially widows.
UAE flights: Flydubai adds two destinations in Iran
Flydubai announced today the launch of direct flights to two new destinations in Iran. This includes the start of a four-times weekly service to Kish Island from September 7 and a twice-weekly service to Kerman from September 9.
Saudi private sector workforce surges above 11.4m – official figures
Private sector employment in Saudi Arabia reached 11.4 million by the end of June, marking a 1.24 percent increase from April.
Abu Dhabi airports report 40% surge in travelers
Abu Dhabi’s airports saw around 22.4 million travelers in 2023, a 40 percent increase from the previous year, driven largely by passengers from the Indian subcontinent, official data showed.
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