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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

22/05/2025

	Saudi Arabia’s PIF halts Swiss financial market investments over Credit Suisse fallout Saudi Arabia’s Public Investment Fund will no longer allocate capital to Switzerland’s financial markets, two years after suffering losses from the collapse of Credit Suisse.
	Saudi crude output hits 8.96m bpd in March: JODI data Saudi Arabia’s crude oil production rose to 8.96 million barrels per day in March, reflecting a 0.11 percent monthly increase, according to the latest Joint Organizations Data Initiative data.
	Jewelry spending up 13% in Saudi Arabia as weekly POS stays above $3.2bn: SAMA Jewelry spending in Saudi Arabia rose by 13.2 percent between May 11 and 17 compared to the previous week, adding SR330.4 million ($88 million) to point-of-sale transactions during this period.
	Closing Bell: Saudi main index ends lower at 11,303 Saudi Arabia’s Tadawul All Share Index closed in the red on Wednesday, falling 134.5 points, or 1.18 percent, to settle at 11,303.68.
	Kuwait sovereign wealth fund head says investors reduce US exposure at their ‘own risk’ The head of the Kuwait Investment Authority, which manages almost $1 trillion in assets, said the sovereign wealth fund is committed to investing in the US and that investors cut allocations to US assets at their own risk.
	Shoura Council calls for metro systems in major Saudi cities Saudi Arabia’s Shoura Council has called for studies into developing metro systems in the Kingdom’s major cities, Asharq Al-Awsat has reported.
	Saudi Arabia, Japan sign MoU to boost judicial ties Saudi Arabia’s Minister of Justice Walid Al-Samaani met with his Japanese counterpart Keisuke Suzuki during an official visit to the East Asian country.

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