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Press Dossier   By Date  18/03/2025
OECD predicts 3.8% economic growth for Saudi Arabia in 2025
Saudi Arabia’s economy is poised for substantial growth, with its gross domestic product projected to increase from 1.2 percent in 2024 to 3.8 percent in 2025.
Closing Bell: Saudi main index closes higher as key stocks gain
Saudi Arabia’s Tadawul All Share Index edged up on Monday, gaining 29.26 points, or 0.25 percent, to close at 11,883.04.
Saudi Arabia’s Al-Jouf records 15% annual growth in commercial activity
Saudi Arabia’s Al-Jouf province recorded a 15 percent year-on-year growth in commercial activity in 2024 thanks to successful regional economic initiatives, new data showed.
Qatar’s inflation drops 1.15% as key costs fall
January, with the consumer price index settling at 107.45 points, driven by declines in food, housing, and transport costs, official figures showed.
Amir hails judiciary’s key role
HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah visited the Supreme Judicial Council on Sunday evening to mark the holy month of Ramadan.
Central Bank enhances payment system operations during weekends, holidays
The Central Bank of Kuwait (CBK) has issued a circular to all local banks regarding the operation of the Kuwait Automated Settlement System for Interbank Payments (KASSIP) and the Kuwait Electronic Cheque Clearing System (KECCS) during weekends and official holidays, effective from April.
Kuwait abolishes ‘honor killing’ law, raises marriage age to 18
In a historic move toward gender equality, Kuwait officially abolished Article 153 of the penal code, a law that effectively allowed “honor killings” by granting lenient sentences to male relatives who murdered female family members caught in adultery.
Kuwait, China sign framework agreement on renewable energy technology
Kuwait and China signed on Monday a framework agreement, which contains technical details on renewable energy cooperation. Kuwait's Undersecretary at the Ministry of Electricity and Water and renewable energy Dr Adel Al-Zamel took part in the signing ceremony along Ren Jingdong, Deputy Director of the Chinese National Energy Administration.
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