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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

27/01/2025

	GCC records $1.5tn in trade volume, ranking sixth globally The Gulf Cooperation Council achieved a trade volume of $1.5 trillion, securing its position as the sixth-largest global trader, according to the latest data.
	Oman’s inflation rate edges up 0.7% in December A rise in the prices of several categories of consumer products pushed Oman’s annual inflation rate up by 0.7 percent in December compared to base year 2018, according to new data.
	Saudi-based Walaa Cooperative Insurance Co. maintains ‘A-’ rating: S&P Global Saudi Arabia’s Walaa Cooperative Insurance Co. maintained its “A-” long-term insurer financial strength rating by S&P Global, with a stable outlook.
	Global sustainable bond issuance to reach $1tn in 2025: Moody’s Global sustainable bond issuance is projected to reach $1 trillion in 2025, driven by a worldwide focus on green development, according to global credit rating agency Moody’s.
	Saudi benchmark index inches up 0.26% to close at 12,386 Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 32.12 points, or 0.26 percent, to close at 12,386.16.
	Saudi energy minister joins launch of consortium to promote sustainable concrete Saudi Energy Minister Prince Abdulaziz bin Salman on Sunday attended the signing of a memorandum of understanding to launch the NovusCrete consortium, a global collaboration to develop and accelerate the adoption of sustainable and durable saltwater concrete.
	Saudi Arabia opens door for foreign investment in Makkah and Madinah real estate Foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah, following a landmark decision by the Saudi Capital Market Authority.

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