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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

11/03/2025

	PIF launches Saudi Arabia’s first duty-free company to boost travel retail market Saudi Arabia’s Public Investment Fund has launched Al Waha Duty Free Operating Co. as part of its strategy to capture a larger share of the Kingdom’s travel retail market, contributing to the nation’s economic growth.
	ACWA Power launches first overseas Innovation Center in China Saudi utility giant ACWA Power has inaugurated its first overseas Innovation Center in Shanghai to advance research in renewables, energy storage, and desalination, reinforcing its expansion in China’s green energy sector.
	Tadawul approves Morgan Stanley Saudi Arabia as market maker for 8 listed securities Tadawul has approved Morgan Stanley Saudi Arabia to serve as a market maker for eight securities on the main trading platform and the parallel index, Nomu.
	Closing Bell: Saudi stock market sees losses as TASI edges down 0.77% The Saudi stock market closed lower on Monday, with the Tadawul All Share Index falling by 90.89 points, or 0.77 percent, to finish at 11,745.63.
	Sharjah’s economy to soar 7.5% in 2025, boosting its sector hub status – UAE official Sharjah’s economy is projected to grow by up to 7.5 percent in 2025, strengthening its position as a hub for diverse sectors, according to a senior UAE official.
	Makkah’s licensed hospitality facilities surge 80% in 2024 The number of licensed hospitality facilities in Makkah reached 1,030 by the end of 2024, marking an 80 percent increase compared to the previous year, according to Saudi Arabia’s Ministry of Tourism.
	Saudi Arabia’s seaports see 18.25% rise in exported containers Saudi Arabia’s seaports reported an 18.25 percent increase in exported containers for February compared to the same period last year, signaling a growing demand for the Kingdom’s products.
	Saudi Arabia’s industrial output rises in Jan., driven by manufacturing Saudi Arabia’s industrial production index grew 1.3 percent year on year in January, supported by an expansion in manufacturing and waste management activities, official data showed.

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