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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

22/04/2025

	Saudi Arabia to drive Islamic finance growth in 2025, S&P says Saudi Arabia is poised to play a key role in propelling the growth of the global Islamic finance industry in 2025, underpinned by non-oil economic expansion and robust sukuk issuance, according to a new analysis.
	Dubai inflation eases to 2.79% in March as housing, transport costs moderate Dubai’s annual inflation rate eased in March, hitting its lowest level since October 2024, according to official data released by the Dubai Statistics Center.
	Closing Bell: Saudi indices end day in the red Saudi Arabia’s stock market closed lower on Monday, with the Tadawul All Share Index falling 77.94 points, or 0.67 percent, to end the session at 11,548.66.
	Saudi Arabia, Algeria deepen economic ties with new business pacts Saudi Arabia and Algeria signed a series of agreements to boost trade and investment as officials and executives from both countries convened in Algiers for a high-level forum.
	PepsiCo opens regional headquarters in Riyadh, unveils $8m R&D center Global beverage giant PepsiCo has opened its new Middle East regional headquarters in Riyadh’s King Abdullah Financial District, reinforcing the company’s long-term commitment to the region.
	Boubyan Bank records KD 26.5 million in net profit for Q1, 2025, an increase of 6% Boubyan Bank has announced its financial results for Q1 of this year.
	NBK reports a net profit of KD 134.1 million for Q1 2025 National Bank of Kuwait (NBK) has announced its financial results for the three-month period ended March 31, 2025. The Bank reported a net profit of KD 134.1 million ($434.8 million), compared to KD 146.6 million ($475.3 million) for the corresponding period in 2024.
	New traffic law to save lives The new traffic law comes into effect on Tuesday, the interior ministry announced, warning that the new legislation stipulates much harsher fines and penalties, especially for serious offences. It replaces the old law which was issued in 1976.

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SAUDI LAWS

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