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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

04/12/2023

	Closing Bell: Saudi main index rises to close at 11,219 Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 41.54 points, or 0.37 percent, to close at 11,219.02.
	Saudi Arabia to invest $100m to boost its aviation sector Saudi Arabia plans to invest $100 million to serve 356 million passengers to further boost its tourism efforts and aviation strategy in line with Vision 2030, according to the president of the Kingdom’s General Authority of Civil Aviation.
	COP28: 50 oil and gas companies sign charter to accelerate climate action in industrial sector COP28 Presidency and Saudi Arabia launched the Oil and Gas Decarbonisation Charter (OGDC), a global industry charter aimed at speeding up climate action across the oil and gas sectors.
	Saudi Arabia’s AlUla, Kenya’s Space for Giants sign deal to enhance natural reserves The Royal Commission for AlUla Governorate has partnered with Kenyan-based Space for Giants, an organization specializing in environmental conservation, the Saudi Press Agency reported on Saturday.
	Fintech to propel Islamic banking to $4 trillion by 2026 The global Islamic banking industry is projected to grow to $4 trillion by 2026, primarily driven by the GCC nations, a report said on Monday.
	Masdar to develop 150MW solar plant in Angola to power 90,000 homes Abu Dhabi Future Energy Company (Masdar) has announced plans to develop a major 150 megawatt (MW) solar PV project in Angola to deliver renewable energy to 90,000 homes while creating hundreds of jobs, spurring economic growth, and cutting carbon emissions.
	Handicapped law amended The chairwoman of the Kuwait Society for the Handicapped, Rihab Buresli, on behalf of the board of directors, lauded the amendments the National Assembly made to the handicapped law in regards to the education rights of autistic people and those with Down syndrome and to move the affiliation of schools that care for the handicapped affairs from the Public Authority for the Handicapped Affairs to the Ministry of Education.
	KFAED, UK seek to bolster climate action in Mideast The Kuwait Fund for Arab Economic Development (KFAED) and the British Foreign, Commonwealth, and Development Office (FCDO) signed on Sunday a joint statement bolstering climate action in the Middle East in line with the UN Sustainable Development Goals (UNSDG).

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