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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

02/10/2025

	Saudi unemployment eases to 3.2% in Q2 on continued labor market strength Saudi Arabia’s overall unemployment rate stood at 3.2 percent in the second quarter of 2025, down 0.1 percentage point year on year, underscoring ongoing labor-market resilience.
	Saudi POS transactions climb 3% to $3.4bn on strong consumer spending Consumer spending in Saudi Arabia accelerated last week, with point-of-sale transactions rising 3 percent to SR12.77 billion ($3.40 billion), driven by higher spending across most sectors, official data showed.
	Saudi Economic Council reviews growth as Vision 2030 advances The Council of Economic and Development Affairs held a video conference to review a series of key economic and strategic reports.
	Closing Bell: Saudi main index closes in green at 11,529 Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 26.39 points, or 0.23 percent, to close at 11,529.36.
	Saudi asset management industry to surpass $400bn by 2026: Fitch Ratings Saudi Arabia’s asset management industry is on track to surpass $400 billion by 2026, cementing the Kingdom’s position as the largest in the Gulf Cooperation Council, according to a new report.
	KAFD and RCRC sign agreement to launch first phase of Riyadh Creative District The first phase of the Riyadh Creative District is set to take shape after the King Abdullah Financial District Development and Management Co. signed a lease agreement with the Royal Commission for Riyadh City.
	Saudi Arabia signs 5 agreements with Vietnamese firms to expand investment footprint Saudi Arabia has signed five agreements with Vietnamese firms spanning construction, tourism, and infrastructure, expanding its investment footprint in the Southeast Asian nation.
	Middle Eastern airlines see 8.4% passenger growth in August: IATA Middle Eastern airlines recorded the second-highest passenger traffic growth globally in August, rising 8.4 percent year on year, underscoring the sector’s resilience despite geopolitical tensions, the International Air Transport Association said.

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OMANI LAWS

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