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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

13/11/2024

	Saudi Arabia needs 115k new homes a year to meet 2030 homeownership target: Knight Frank Saudi Arabia will need to construct 115,000 homes annually over the next six years to address the demands of its growing population, according to new research by Knight Frank.
	Closing Bell: Saudi main index slips to 12,048 Saudi Arabia’s Tadawul All Share Index fell on Tuesday, losing 58.74 points to close at 12,047.67.
	Saudi NHC closes $532m in sales, reveals new projects at Cityscape Global Saudi Arabia’s National Housing Co. marked a strong presence on the opening day of Cityscape Global 2024, securing over SR2 billion ($532.4 million) in sales.
	Jordan’s inflation rises 1.56% as key goods and services drive up costs Jordan’s Consumer Price Index surged 1.56 percent from the beginning of the year through October to reach 110.58 points compared to 108.88 during the same period in 2023.
	Bahrain airshow sets stage for aerospace partnerships The Bahrain International Airshow 2024 is poised to elevate Bahrain’s position as a leader in the global aerospace industry, foster economic growth, and forge vital industry partnerships.
	UAE: Saudi-based Delmon Industrial Complex to set up Dh50-million plant in Abu Dhabi Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones and Saudi Arabia-based Delmon Industrial Complex have announced the signing of a 50-year land lease agreement for the establishment of their state-of-the-art plant in ICAD III (KEZAD Musaffah) area to serve the requirements of the oil and gas industry.
	Electricity Minister signs contract for Al-Subiya station’s expansion project Minister of Electricity, Water, and Renewable Energy Dr Mahmoud Bushehri on Tuesday signed a contract for the expansion project of Al-Subiya Power Plant with a production capacity of up to 250 megawatts (MW) with Alghanim International Company at a total value of about KD 118 million (about $384 million).
	Cabinet OKs draft residency law, new National Guard chief The Cabinet on Tuesday approved a new draft residency law which includes major changes from the existing 60-year-old legislation and toughens penalties on violators, in addition to banning giving shelter to illegal expats, an official statement said.

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