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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

13/05/2023

	UAE economy hits one of fastest growth rates in the world, says Central Bank The UAE economy will grow at a faster pace next year as both oil and non-oil sectors are expected to perform better, according to the Central Bank's (CBUAE) annual report released on Wednesday.
	Transguard signs deal to transport and safeguard diamonds and jewellery from India Transguard, a part of the Emirates Group, signed an exclusive deal with the Gem and Jewellery Export Promotion Council of India (GJEPC), the autonomous, apex body of the industry with more than 9,000 members.
	Saudi Arabia’s industrial production index rises 4.1% in March 2023: GASTAT High production in mining, quarrying and manufacturing helped deliver a 4.1 percent year-on-year rise in Saudi Arabia’s industrial output volume, according to the latest report from the General Authority for Statistics.
	Saudi Arabia and Netherlands sign MoU to collaborate on green energy Green hydrogen production has received a boost as Saudi Arabia signed a memorandum of understanding with the Netherlands on Thursday to cooperate in developing the clean gas and expediting the global pursuit to reduce the carbon footprint.
	Saudis to receive event safety training under new deal with key Qatar World Cup firm Thousands of Saudis are set to be trained on event management and safety protocols by one of the firms that played a key role in last year’s FIFA World Cup.
	Saudi Arabia explores industrial and investment opportunities with Oman Saudi Arabia’s industry and mining sectors are set to benefit from bilateral ties with Oman as their ministers met in Muscat to discuss industrial cooperation and investment opportunities, the Saudi Press Agency reported.
	Closing bell: TASI rises 99.6 points as trading volume touches $1.64bn Saudi Arabia’s Tadawul All Share Index gained 99.6 points, or 0.88 percent, to finish at 11,392.78 on Thursday, as 155 of the 224 stocks closed in the green and 54 in the red.
	Qatar drives cleantech industry in MENA region with $75bn investment opportunity Qatar is set to drive the growth of the cleantech industry in the Middle East and Africa as its favorable government policies and advanced tech infrastructure present a $75 billion investment opportunity by 2030, revealed an industry report.

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SAUDI LAWS

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