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Press Dossier   By Date  29/03/2025
Saudi Arabia’s job market strengthens as unemployment falls to 7% in Q4 2024
Saudi Arabia’s unemployment rate for nationals in the fourth quarter of 2024 reached 7 percent, marking a decrease of 0.8 percentage points compared to both the previous quarter and the same period last year, official data showed.
M&A deals in Saudi Arabia rise in sign of foreign investor confidence: Marsh
Mergers and acquisitions in Saudi Arabia recorded a 55 percent annual rise in 2024 as deal value hit $9.6 billion, fueled by foreign investors and key sector activity.
Closing Bell: Saudi main index closes in green at 12,025
Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 54.86 points, or 0.46 percent, to close at 12,025.05.
Saudi Arabia’s non-oil exports surge 10.7% in Jan.: GASTAT
Saudi Arabia’s international non-oil exports, which include re-exports, saw a 10.7 percent year-on-year increase in January, according to new data.
UAE unveils new dirham symbol and digital currency
The Central Bank of the UAE on Thursday introduced a new symbol for the nation’s currency, both in its physical and digital forms, marking a significant step in reinforcing the UAE’s status as a leading global financial center.
Qatar’s Lesha Bank expands global footprint with $57.65m stake in Edinburgh Airport
Qatar’s Lesha Bank has acquired a 210 million Qatari riyals ($57.65 million) stake in Edinburgh Airport, marking its debut in the global infrastructure investment market.
Saudi Arabia’s real estate sector to maintain growth momentum in 2025
Saudi Arabia’s real estate sector is expected to experience growth in 2025, fueled by the ongoing efforts of Vision 2030 to diversify the Kingdom’s economy, according to a recent analysis.
Kuwait passes borrowing law to rejoin global debt markets after 8 years
Kuwait is set to return to international debt markets after an eight-year absence, following the approval of a long-awaited public borrowing law aimed at addressing fiscal pressures and financing infrastructure projects.
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