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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

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17/12/2024

	Saudi Arabia’s supply chain conference drives $2.2bn in new investments The Supply Chain and Logistics Conference in Saudi Arabia, which wrapped up on Dec. 16 in Riyadh, saw the signing of 91 agreements totaling SR8.3 billion ($2.2 billion). The two-day event, held under the patronage of Minister of Transport and Logistics Saleh Al-Jasser
	Saudi Arabia’s payments industry poised for $21.7bn revenue by 2028: BCG Saudi Arabia’s payments industry is experiencing strong growth, with total revenues expected to reach $21.7 billion by 2028, according to a new report by Boston Consulting Group.
	Saudi Arabia to develop local talent for container shipping industry Saudi Arabia must cultivate local talent in the container shipping industry to fully achieve its Vision 2030 ambitions and solidify its position as a global logistics hub, said a senior executive.
	Pharmaceuticals and food sectors key focus of Saudi ministers’ Egypt trip Boosting pharmaceutical ties was the centerpiece of a visit by leading Saudi ministers to Egypt as the two countries sought to enhance industrial cooperation and explore investment opportunities.
	Closing Bell: Saudi main index ends in the green at 12,097 Saudi Arabia’s Tadawul All Share Index rebounded on Monday, gaining 37.20 points, or 0.31 percent, to close at 12,096.73.
	Middle East holds highest growth potential for private capital in 2025: Report The Middle East region is offering the highest growth potential for private capital in 2025, driven by government initiatives and sectoral reforms, according to a survey.
	Saudi Social Development Bank and SNB to launch financing portfolio for entrepreneurs Saudi Arabia’s Social Development Bank has signed an agreement with the Saudi National Bank to launch a financing portfolio to support entrepreneurship in the Kingdom.
	JLL secures contract to support AlUla’s transformation into global tourism hub US-based real estate firm JLL has secured a program management contract with AlUla Development Co. to support the Saudi city’s transformation into a global tourism hub.
	Saudi Arabia launches duty exemption for industrial inputs to boost exports The Saudi Export Development Authority has launched a new service, “Exemption for Export,” aimed at enhancing Saudi Arabia’s industrial competitiveness.

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