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Press Dossier   By Date  22/09/2025
French investment in Saudi Arabia surges 180% amid strengthened bilateral ties
Saudi Arabia: Saudi Investment Minister Khalid Al-Falih underscored the deepening strategic alignment between Saudi Arabia and France during his address at the French-Saudi Economic Roundtable in Paris.
MODON, French pharma BPI sign $100m deal in Sudair Industrial City
Saudi Arabia: French pharmaceutical company BPI has signed a SR375 million ($100 million) agreement to establish its first manufacturing base in Saudi Arabia, securing a plot in Sudair City for Industry and Business.
Qatar’s economy rises 2% on non-oil strength
Qatar: Qatar’s economy expanded by 1.9 percent in the second quarter of 2025, fueled by a 3.4 percent rise in non-hydrocarbon sectors, official data showed.
DIEZ trade surges 19% to Dhs336 billion in 2024
The Dubai Integrated Economic Zones Authority (DIEZ) achieved record growth in its total trade across the three economic zones in 2024, reaching a value of Dhs336 billion, a 19% increase compared to 2023. DIEZ also achieved a 13.7% share of Dubai’s non-oil trade, its highest-ever contribution to date, sustaining growth for the fourth straight year.
Commercial bank assets in GCC reach $3.527 trillion
United Arab Emirates: The latest statistics released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) showed that the total assets of commercial banks operating in the Gulf Cooperation Council (GCC) countries increased by 10 per cent by the end of 2024 reaching around $3.5 trillion, compared to the assets recorded at the end of 2023.
National campaign on startups empowering entrepreneurship
United Arab Emirates: Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, said: “The national campaign ‘The Emirates: The Startup Capital of the World,’ launched by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President.
Saudi construction cost index records slight rise in August
Saudi Arabia: Saudi construction cost index recorded a 0.7 percent year-on-year increase during the last month of August. This rise was primarily driven by a 0.8 percent increase in the residential sector and a 0.6 percent increase
In a big boost to industrial and mining cooperation, Alkhorayef begins official visit to China
Saudi Arabia: High ranking Saudi, Chinese officials will hold a series of meetings that will focus on further strengthening bilateral industrial and mining cooperation during the five-day official visit of Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef to China that kicked off on Monday.
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