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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

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17/05/2023

	Saudi holdings of US Treasuries up by $4.5bn in March RIYADH: Saudi Arabia’s holding of US Treasuries increased by $4.5 billion month-on-month in March to reach $116.2 billion, according to the latest data released by Washington’s Treasury Department.
	‏Oil steadies as IEA turns bullish on demand RIYADH: Oil futures were steady on Tuesday after mostly weaker-than-expected data from China muddied the outlook for demand from the world’s top crude importer while US plans to refill its Strategic Petroleum Reserve underpinned prices.
	Saudi financial market outperforms G20 counterparts in 2022:report RIYADH: Saudi Arabia’s financial market led its counterparts in other G20 countries in 2022 in terms of shareholders’ rights and stock market capitalization as a percentage of gross domestic product, according to the Capital Market Authority.
	Riyadh's international airport emerges as top aviation facility in Kingdom RIYADH: King Khalid International Airport has been ranked top in service levels and travel experience aspects compared to other international airports in the Kingdom, according to the General Authority of Civil Aviation.
	UAE: Gold prices slump Dh2 per gram in Dubai in early trade Gold prices fell in Dubai on Wednesday morning by nearly two dirhams per gram following a drop in global precious metal prices last night.
	The Central Bank of the UAE (CBUAE) on Tuesday said it imposed administrative sanctions on eight banks operating in the UAE. UAE Central Bank imposes administrative sanctions on 8 banks
	‏UAE FTA classifies tax agents based on economic sector to ease compliance for tax payers Dubai: The 'tax agents' have been classified by the Federal Tax Authority to work on compliance measures for taxpayers. A flexible and clear online procedure has been brought in for tax payers to select a specialised tax agent suitable to the sector their economic activity falls under.
	‏ ‏UAE travel and tourism sector to add another 7,000 jobs in 2023 for third straight year of growth Dubai: UAE’s travel and tourism industry keeps creating jobs, with a further 7,000 new hires set to happen this year. If so, this would be the third straight year of workforce expansion in the industry, with airlines leading the way and now being followed by major hotel operators.

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