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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

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25/11/2023

	Algeria and Saudi Arabia prepare for trade boost after 8 deals signed at business forum Trade, investment and tourism ties between Algeria and Saudi Arabia are set to deepen after eight agreements were signed by the two nations at a business forum.
	Closing Bell: Tadawul slips slightly to close at 11,078 Saudi Arabia’s Tadawul All Share Index shed 21.90 points or 0.20 percent on Thursday to close at 11,078.08.
	UAE top banks witness strong profitability Q3: Alvarez & Marsal The UAE’s top banks witnessed strong profitability in the third quarter of this year, primarily propelled by an increase in non-interest income and reduced impairment charges, according to global professional services firm Alvarez & Marsal.
	Dubai’s inflation moderates to 4.27% in October: official data Dubai’s inflation rate slightly eased to 4.27 percent in October, compared to 4.5 percent in the previous year, the official data showed.
	Dubai Financial Market to launch carbon credits trading platform at COP28 New businesses and environmentally conscious companies stand to benefit from a new carbon credits mechanism set to be launched in Dubai during the upcoming UN Climate Change Conference.
	Saudi EXIM Bank and Thai counterpart sign MoU to propel trade exchange Trade exchange between Saudi Arabia and Thailand is on track to flourish following a new agreement signed by the Saudi EXIM Bank.
	KUFPEC signs MoUs to expand its exploration portfolio in Pakistan Kuwait Foreign Petroleum Exploration Company (KUFPEC) signed Thursday memoranda of understanding (MoUs) with companies operating in Pakistan in line with the company’s strategic objectives to boost the value of KUFPEC’s assets.

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