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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

25/11/2024

	Saudi Arabia’s non-oil exports surge 16.8% in Q3: GASTAT Saudi Arabia’s non-oil exports reached SR79.48 billion ($21.17 billion) in the third quarter of 2024, a rise of 16.76 percent compared to the same period in 2023, according to official data.
	Saudi Arabia forms new committee to spur private sector role in petrochemicals Saudi Arabia has established its first-ever national committee for energy and petrochemicals under the Federation of Saudi Chambers, aimed at enhancing private sector participation in these key industries.
	QatarEnergy strengthens global footprint with offshore expansion in Namibia QatarEnergy has expanded its portfolio through a new agreement with TotalEnergies to increase its ownership stakes in two offshore blocks in Namibia’s Orange Basin.
	Saudi Arabia launches Ramlah Co. to boost tourism in Hail region Saudi Arabia’s Ministry of Tourism is supporting private sector growth by launching Ramlah Co. for Tourist Trips and Resorts, a new initiative to attract visitors to the Hail region.
	Saudi Arabia permits flour mills to export surplus production Saudi Arabia has approved a plan allowing licensed flour mills to export surplus production to international markets, provided local supply remains secure.
	GCC lending growth hits 3.1% in Q3, Saudi Arabia leads: report Listed banks in the Gulf Cooperation Council achieved their highest lending growth in 13 quarters, with loans rising 3.1 percent to $2.12 trillion in the third quarter.
	Saudi Arabia’s private debt market targets over $1.77bn by Q3 2024: report Saudi Arabia’s private debt market is experiencing significant growth, with eight active funds targeting to raise over $1.77 billion in capital by the third quarter of 2024, according to a new report.
	Closing Bell: Saudi main index rises to close at 11,864 Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 24.38 points, or 0.21 percent, to close at 11,864.90.

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SAUDI LAWS

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