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Press Dossier   By Date  06/10/2025
Saudi Arabia’s non-oil growth hits 6-month high as PMI climbs to 57.8
Saudi Arabia’s non-oil sector surged in September, with the Riyad Bank Purchasing Managers’ Index hitting 57.8 — the strongest reading since March, according to S&P Global.
Saudi Arabia opens October ‘Sah’ Sukuk offering 4.83% return
Saudi Arabia has opened subscriptions for its October issuance of the government-backed “Sah” savings sukuk, offering investors an annual return of 4.83 percent, slightly lower than the 4.88 percent offered in September.
Saudi Arabia to serve as regional HQ for fintech growth, says Paymentology CEO
Saudi Arabia is emerging as a key fintech hub in the Middle East, prompting the UK-based card issuing and payment processing firm Paymentology to formalize its operations in Riyadh.
Closing Bell: Saudi main market opens week in green at 11,528
The Saudi Exchange ended Sunday’s session higher, with the Tadawul All Share Index rising 0.29 percent to close at 11,528.59 points, gaining 32.87 points.
Oman’s GDP grows 0.6% in Q2 as non-oil sectors offset oil decline
Oman’s gross domestic product at current prices grew by 0.6 percent in the second quarter of 2025, reaching 10.17 billion Omani rials ($26.4 billion) compared to 10.10 billion rials during the same period in 2024.
Kuwait, Qatar non-oil economies expand as Egypt’s private sector contracts: S&P Global
The non-oil private sectors of Kuwait and Qatar continued to expand in September, though at a softer pace, while Egypt saw business conditions weaken amid a sharper fall in new orders, an economy tracker showed.
Labor deposits further eased; Afya abolished
The Public Authority of Manpower on Sunday further cancelled more financial guarantees taken from employers as security deposits to ensure the rights of expat workers in case of labor disputes. Kuwaiti employers were required to pay a security deposit of KD 250 per expat worker for several types of workers, especially those in menial jobs, as insurance for their rights.
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