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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

29/07/2025

	PIF named most valuable, fastest-growing wealth fund Saudi Arabia: Saudi Arabia’s Public Investment Fund has been named the most valuable and fastest-growing sovereign wealth fund in the world, with a brand value of $1.2 billion, a new report showed.
	GCC economy grows 1.5% to $588bn in Q4 2024 on non-oil expansion Saudi Arabia: The Gulf Cooperation Council’s economy grew 1.5 percent year on year in the fourth quarter of 2024, reaching $587.8 billion, driven by a surge in non-oil activity, official data showed.
	Saudi Arabia Syrian energy deal broadens investment Saudi Arabia: Saudi Arabia and Syria are strengthening their energy cooperation through a new agreement that covers oil and gas, petrochemicals, electricity, regional grid integration, and renewable energy.
	Saudi expat remittances climb 21% in May, exceed $4bn: official data Saudi Arabia: Expatriate remittances from Saudi Arabia rose to SR15.2 billion ($4.05 billion) in May, marking a 21 percent increase compared to the same month last year.
	KSA eases approval process for rated debt issues Saudi Arabia: Public debt issuers in Saudi Arabia can now expect faster regulatory reviews if their offerings carry a credit rating, as the Kingdom moves to boost issuance and expand its fixed-income investor base.
	Dubai International Financial Centre records best ever performance for H1 United Arab Emirates: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA), on Monday announced its best-ever performance for the first half of a year, reinforcing its pivotal role in driving the future of finance and contributing to the Dubai Economic Agenda D33.
	UAE grants approval for first national trial of autonomous baggage handling vehicles at DWC United Arab Emirates: The UAE General Civil Aviation Authority (GCAA), in close coordination with Dubai Airports and dnata, has issued the country’s first regulatory approval for the trial of autonomous baggage handling vehicles at Dubai World Central - Al Maktoum International (DWC)
	Arada completes issuance of $450 million Sukuk United Arab Emirates: Arada Developments, rated B1 by Moody’s and B+ by Fitch, has successfully completed the issuance of a $450 million Sukuk, which has been listed on the London Stock Exchange and the Nasdaq Dubai.

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SAUDI LAWS

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