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Press Dossier   By Date  07/01/2025
Saudi Arabia’s e-commerce sector sees 10% growth, official figures reveal
Saudi Arabia’s e-commerce sector saw its upward momentum continue in the fourth quarter of 2024, with 40,953 businesses now registered across the Kingdom— a 10 percent increase year on year.
Saudi Arabia, BlackRock explore collaborative opportunities to advance Vision 2030 goals
A meeting between Saudi Arabia’s economy minister and the vice chairman of BlackRock focused on global economic developments, investment opportunities, and the Kingdom’s Vision 2030 diversification efforts.
Saudi Arabia’s PIF completes $7bn inaugural murabaha credit facility
The Saudi Public Investment Fund has closed its first Murabaha credit facility, securing $7 billion in funding. This is a key step in the fund's plan to raise capital over the next several years.
Closing Bell: Saudi main market gains to close at 12,105 points
Saudi Arabia’s Tadawul All Share Index edged up on Monday, gaining 34.87 points, or 0.29 percent, to close at 12,104.69.
Saudi Arabia’s expat remittances up 19% to $3.21bn: SAMA
Expatriate remittances from Saudi Arabia rose to SR12.03 billion ($3.21 billion) in November, marking an 18.73 percent increase compared to the same month of 2023, new data showed.
UAE’s non-oil activity sees PMI hit 9-month high; Egypt’s output declines: S&P Global
Non-oil business activity in the UAE surged in December, with the Emirates’ Purchasing Managers’ Index jumping to a nine-month high of 55.4, up from 54.2 in November, an economy tracker showed.
Higher fines under new residency law come into effect
Fines for residency violations under Kuwait’s new residency law, in some cases double the previous fines, will be applied from Sunday, the interior ministry said.
UAE: Step by step guide on how non-Muslims can get married in Dubai
I am a non-Muslim living in Dubai. I plan to get married in the UAE. How does the process work? Do I have to take care of the court formalities before hosting the wedding party? If so, how is that done? Please advise.
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