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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

28/11/2024

	Saudi Arabia looks to non-oil growth for a stronger, more stable future Saudi Arabia is focused on achieving high-quality growth through sustainable non-oil activities, aiming to boost private sector dynamism and productivity, while ensuring continued economic progress that goes beyond short-term expenditures, a minister stated.
	Saudi Arabia sets new unemployment rate target of 5% by 2030 Saudi Arabia has revised its unemployment rate target to 5 percent by 2030, down from the previous goal of 7 percent, as part of Vision 2030’s ambitions, an official revealed.
	25 companies compete for six Saudi sports clubs Saudi Arabia’s ongoing sports privatization initiative has sparked significant interest from both local and international investors. A total of 25 companies are now actively pursuing investment opportunities in six of the 14 sports clubs proposed for privatization in the first phase.
	Education spending in Saudi Arabia soars 178% to hit $66.4m, SAMA data shows Education spending in Saudi Arabia soared 178.6 percent to SR249.5 million ($66.4 million) during the week of Nov. 17–23, bucking the broader decline across other sectors.
	Saudi Arabia, Tajikistan sign deal to boost non-oil trade Saudi Arabia and Tajikistan have signed a memorandum of understanding to accelerate non-oil exports and knowledge sharing.
	Saudi Arabia, Djibouti ink deal to protect mutual investments Investments between Saudi Arabia and Djibouti will see new protection measures thanks to an agreement between the two countries.
	President chairs ADNOC meet, approves launch of $80b XRG President His Highness Sheikh Mohamed Bin Zayed Al Nahyan has presided over the annual meeting of the ADNOC Board of Directors.
	Arabian Hills unveils Phase II of $6bn Dubai residential project Building on the remarkable success of its first phase, Arabian Hills Real Estate Development has officially launched the second phase of its iconic AED22 billion ($6 billion) residential development, Arabian Hills Estate, strategically located on the Dubai-Al Ain Road.

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SAUDI LAWS

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