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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

09/11/2023

	Saudi Arabia’s IPI climbs 0.8% in September driven by mining and quarrying Saudi Arabia’s Industrial Production Index rose by 0.8 percent in September compared to August, primarily driven by a slight increase in mining and quarrying activities, official data showed.
	Dubai’s non-oil sector rises in October as PMI Hits 57.4 on good business form Dubai witnessed a strong rise in its non-oil activities during October, as its Purchasing Managers’ Index rose for the second consecutive month to 57.4 from 56.1 in September.
	Saudi Arabia leads Q3 IPO activity in MENA with 5 listings worth $330m: EY Saudi Arabia led the initial public offering activities in the Middle East and North Africa region during the third quarter of this year, hosting five out of the total six IPO listings.
	UAE exports set to soar 33% to $100bn in 2031: minister The UAE is set to establish comprehensive economic partnership agreements with 27 countries and economic blocs representing up to 95 percent of global trade, said a senior government official.
	Saudi Arabia sees 45% surge in railway use, exceeding 2m passengers Saudi Arabia Railways saw a record number of passengers in the third quarter of 2023 as its expansion efforts bore fruit, revealed the company's CEO.
	Saudi Central Bank sets new rules for APR calculation The Saudi Central Bank, also known as SAMA, on Wednesday issued new rules to calculate the annual percentage rate to improve disclosure practices.
	Saudi Arabia and South Korea forge partnership to boost global startups Entrepreneurship and small and medium enterprise investments are set to receive a boost following a visit by a senior Saudi delegation to South Korea.
	Turkiye plans for $5bn investment in Kuwait Turkiye is planning to increase its investment in Kuwait to $5 billion in a move aimed at strengthening economic cooperation and fostering higher bilateral trade, according to a senior minister.

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