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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

28/11/2023

	Single stock options launched on Saudi Exchange RIYADH: Saudi Exchange has officially launched single stock options, the newest offering in its derivatives market, with trading beginning on the morning of Nov. 27.
	Saudi Arabia’s trade surplus with China soars by 257% in September RIYADH: China maintained its position as Saudi Arabia’s primary trading partner in September, dominating both exports and imports, according to the latest data released by the General Authority of Statistics.
	Saudi banks Q3 net income grew 3.7% to reach $4.8bn RIYADH: Saudi Arabia’s banking sector saw a 3.74 percent quarterly increase in aggregate net income in the third quarter of 2023 to reach SR18.03 billion ($4.8 billion) from SR17.38 in the previous quarter, according to a recent report.
	Dammam event to take Saudi-Sino ties on faster growth trajectory DAMMAM: Saudi-Sino business ties are poised to grow stronger as more than 200 Chinese companies and manufacturers have arrived in the Kingdom to participate in the inaugural China Trade Week in Dammam, seeking to seize new business opportunities.
	With 1,500 attendees, CIPS hosts ‘biggest’ conference in Riyadh More than 1,500 industry professionals recently joined the Chartered Institute of Procurement and Supply’s conference in Riyadh, making it the biggest conference in the organization’s 90-year history. Key procurement trends and supply chain initiatives, as well as innovative practices of the future, were discussed at the CIPS Saudi Arabia Procurement and Supply Chain Conference and Awards 2023, under this year’s theme of “procurement excellence.”
	Abu Dhabi Finance Week takes off with 3,500 global and regional firms His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has inaugurated the second edition of Abu Dhabi Finance Week (ADFW 2023), taking place from Nov.27 to 30, under the theme ‘Investing in the Transition Era’.
	UAE invests over Dhs183.5 billion in renewable energy projects EmEmirates Development Bank (EDB), the key financial engine of UAE economic development and industrial advancement, has committed up to Dhs1.3 billion ($350 million) to support the Energy Transition Accelerator Financing (ETAF) platform, a global climate finance facility established by the International Renewable Energy Agency (IRENA) to accelerate the financing of renewable energy projects and drive funding of renewable energy projects in developing countries.
	UAE invests over Dhs183.5 billion in renewable energy projectsCOP28 is last chance for course correction, says World Energy Council chief at Dubai Future Forum Dr Angela Wilkinson told the world’s largest gathering of futurists that the international community must harness all foresight and future thinking capabilities to address shifts in social structures and societal transformation.

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