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SAUDI ARABIA EMARATES BAHRAIN KUWAIT OMAN QATAR

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Press Dossier

By Date

10/05/2025

	‘A revolution in the way people travel’ — Saudi aviation industry soaring with sky-high ambition Increased technology integration and greater connectivity over the next five years will see Saudi Arabia cement its position as a global aviation hub, experts have told Arab News.
	Saudi Arabia sees 13% rise in patent filing to reach 8,029 in 2024 Saudi Arabia’s intellectual property landscape continued its robust growth in 2024, with patent filings rising by 13.33 percent year on year to reach a record 8,029, according to the Saudi Authority for Intellectual Property.
	GCC central banks hold interest rates steady for 3rd time following Fed’s move Gulf Cooperation Council central banks have kept interest rates steady for the third consecutive period, mirroring the US Federal Reserve’s decision to hold its benchmark rate between 4.25 percent and 4.5 percent.
	Saudi Arabia sees 73% surge in e-commerce sales using MADA cards Saudi e-commerce sales via MADA cards surged 73.4 percent year on year in March to a record SR27.55 billion ($7.34 billion), reflecting rapid growth in the Kingdom’s digital payment ecosystem.
	Saudi Arabia fast-tracks shift to cashless economy on back of fintech boom Saudi Arabia is accelerating its journey toward becoming a cashless society, propelled by a booming fintech sector, rising consumer adoption of digital services, and a proactive regulatory framework.
	UAE gross banking assets climb to $1.26tn in February The UAE’s banking sector witnessed continued momentum in February, as key indicators of liquidity and credit expanded steadily.

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