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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

03/10/2024

	Saudi POS transactions surge 11% in late September to reach $3bn Saudi Arabia’s point-of-sale transactions surged 11.9 percent in the last week of September, reaching SR13.3 billion ($3.4 billion), with the food and beverages sector leading the uptick.
	Saudi Arabia eyes investment boost in Azerbaijan Saudi Arabia is focused on increasing investment in Azerbaijan, noting that the current trade volume of $13.4 million is relatively small, indicating significant growth potential.
	Closing Bell: Saudi main index closes in red at 12,044 Saudi Arabia’s Tadawul All Share Index shed 209.47 points, or 1.71 percent, on Wednesday to close at 12,044.07.
	Etihad Airways' Abu Dhabi Stopover Programme achieves exceptional growth Etihad Airways and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) announced that the Abu Dhabi Stopover programme welcomed 24,000 international visitors in the first half of 2024, compared to 7,000 in the latter half of 2023 - an increase of 242 per cent.
	Total profits of UAE insurance sector amount to Dh2.5 billion in 2023 The Central Bank of the UAE (CBUAE) has announced that the total profits of the country’s insurance sector amounted to Dh2.5 billion in 2023, compared to Dh1.96 billion in 2022. This increase was mainly driven by increase in net investment income of the insurance sector in 2023.
	Burgan Bank launches co-branded Qatar Airways bank cards in partnership with Visa Burgan Bank announced launching its co-branded Qatar Airways credit and prepaid cards under the umbrella of its expanding partnership with the world leader in digital payments, Visa.
	Tech Barcelona, Kuwait collaborate to promote technological innovation Tech Barcelona has signed a collaboration agreement with the Artificial Intelligence Association of Kuwait (AAIOT), represented by its president, Sheikh Mohammad Al-Sabah, a member of the Kuwaiti royal family.
	Kuwait, Saudi Arabia to deepen cultural cooperation Kuwaiti Minister of Information and Culture Abdulrahman Al-Mutairi and Saudi Minister of Culture Prince Badr bin Abdullah signed a memorandum of understanding on Monday aimed at strengthening bilateral cooperation in the cultural sector.

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SAUDI LAWS

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