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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

16/10/2025

	‘King Salman Gate’ — a 12m sq. meter mixed-use development — to be built in Makkah Saudi Arabia’s Makkah is set to witness a new major mixed-use destination spanning 12 million sq. meters adjacent to the Grand Mosque.
	Saudi minister announces national scrap metal firm amid $16bn steel sector push Saudi Arabia is set to create a national company to import scrap metal as it seeks to bolster a sector which has SR60 billion ($15.9 billion) worth of investment opportunities.
	Productive investment driving Saudi borrowing plans, finance minister tells US conference Saudi Arabia’s Finance Minister Mohammed Al-Jadaan has reiterated the Kingdom’s commitment to financing strategic, productive investments rather than resorting to tax increases or fiscal austerity.
	Global Islamic finance assets set to reach $9.7tn by 2029, LSEG says Global Islamic finance assets are projected to climb to $9.7 trillion by 2029, up from $5.98 trillion at the end of 2024, driven by expanding banking, sukuk, and takaful markets, a new analysis showed.
	Turkiye, UAE deepen energy ties with $1bn solar project Turkiye and the UAE are advancing their clean energy collaboration, with a $1 billion solar power project in Nigde Bor marking a new milestone in their growing partnership, Turkish Minister of Energy and Natural Resources Alparslan Bayraktar said.
	Saudi inflation eases 0.1% in September as prices show stability: GASTAT Saudi Arabia’s consumer prices dipped 0.1 percent in September from the previous month, signaling continued economic stability as the Kingdom maintains moderate inflationary pressure.
	Closing Bell: Saudi main index continues rally to close at 11,682 Saudi Arabia’s Tadawul All Share Index extended its rally for a third straight session on Wednesday, gaining 86.23 points, or 0.74 percent, to close at 11,682.23.
	Expats elated as Kuwait’s new visa rules spur tourism surge Kuwait’s sweeping changes to its entry system are fueling a surge in visitor numbers, positioning the country to capture regional travel demand and family reunions this winter. As the summer fades, experts say the reforms will attract a large influx of family visa holders and short-term visitors.

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