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Press Dossier   By Date  11/06/2025
Kuwait non-oil sector maintains expansion, Egypt closer to recovery, Qatar holds steady: S&P
Business conditions in Kuwait’s non-oil private sector continued to expand in May, while Egypt experienced a slower pace of contraction, offering tentative signs of stabilization.
Manufacturing, mining sectors drive Saudi industrial growth to 3.1%: GASTAT
Saudi Arabia’s Industrial Production Index expanded by 3.1 percent year on year in April, driven by strong growth in the manufacturing, mining, and quarrying industries, official data showed.
Saudi insurance market mergers to accelerate amid regulatory push: Fitch
Saudi Arabia’s insurance sector is headed for a wave of consolidation as tougher capital rules and fierce price competition squeeze smaller players, Fitch Ratings said in a new report.
Qatar’s Islamic finance sector grows to $187bn, report shows
Qatar’s Islamic finance sector continued its upward trajectory in 2024, with total assets rising 4.1 percent year on year to 683 billion Qatari riyals ($187.5 billion), a new analysis showed.
UAE shares end higher as outcome of US-China trade talks awaited
Stock markets in the UAE ended higher on Monday, in step with Asian peers, as investors awaited the outcome of US-China trade talks in London in the hope that a deal could boost the global economic outlook.
Saudi commercial bank profits jump 16% in April, topping $2bn before zakat, tax
Saudi Arabia’s banking sector extended its winning streak in April, posting SR7.77 billion ($2.07 billion) in pre-zakat and tax profits, a 16 percent increase compared to the same month last year.
Saudi carrier flynas to expand operations across 4 hubs, official says
Saudi Arabia’s low-cost carrier flynas is set to expand operations across its four main hubs — Riyadh, Jeddah, Madinah, and Dammam — as part of an ambitious growth plan, according to a top official.
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