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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

02/02/2025

	Fitch affirms Saudi Arabia rating at ‘A+’; outlook stable Fitch Ratings has affirmed Saudi Arabia’s Long-Term Foreign-Currency Issuer Default Rating at ‘A+’ with a Stable Outlook, the agency said on Friday.
	Saudi Arabia provides 39.4 percent of Japan’s oil imports in December Saudi Arabia provided Japan with 39.4 percent of its oil imports in December 2024, amounting to 31.05 million barrels, according to figures released by the Japanese Ministry of Economy, Trade and Industry’s Agency of Natural Resources and Energy.
	Startup of the Week – Egypt’s Qara targets Saudi Arabia following $2.6m funding round Egypt-based supply chain technology company Qara is preparing to expand into Saudi Arabia, leveraging a $2.6 million funding round to support its entry into the Kingdom.
	Saudi banking sector dominating TASI trading, latest report reveals Saudi Arabia’s banking sector led trading on the Kingdom’s stock exchange in 2024’s fourth quarter with a 17 percent market share, according to Tadawul’s latest report.
	Green Horizons: Saudi Arabia’s sustainable tourism drive planting seeds for economic growth Eco-friendly holiday destinations being developed across Saudi Arabia are positioning the Kingdom as a leader in sustainable tourism, a host of experts have told Arab News.
	Saudi Ministry of Education issues directive for national dress for secondary school students The Saudi Ministry of Education announced on Friday a new policy requiring secondary school students in public and private institutions to adhere to the national dress code.
	Kingdom arrests 21,564 illegals in one week Saudi authorities arrested 21,564 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
	Saudi Arabia signs first framework agreement with International Labor Organization Saudi Arabia has signed its first framework agreement with the International Labour Organization, opening new avenues for professionals from the Kingdom to work within the UN agency.

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SAUDI LAWS

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