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Press Dossier   By Date  02/09/2025
Saudi Arabia surpasses 2025 homeownership target a year early
Saudi Arabia surpassed its 2025 homeownership target a year early, with 65.4 percent of families owning homes in 2024, an official report showed.
Saudi Arabia’s lifestyle retail space to top 1.3m sq. meters by 2027: Knight Frank
Saudi Arabia is set to see lifestyle retail space in Riyadh and Jeddah expand by almost 600,000 sq. meters to 1.31 million sq. meters by 2027, reinforcing its global shopping destination ambitions.
MoE declares last week of Ramadan as school holiday
The education ministry announced on Monday that the last week of the holy fasting month of Ramadan will be a public holiday for students, teachers and administrative staff. This will be done without reducing the number of school days, under a new five-year academic calendar approved by Education Minister Jalal Al-Tabtabaei.
GCC, Japan deepen partnership
The 165th GCC Ministerial Meeting and the second GCC-Japan Strategic Dialogue in Kuwait on Monday highlighted efforts to strengthen Gulf cooperation and deepen ties with Japan.
GCC reviews free trade talks with global partners
The Secretary-General of the Gulf Cooperation Council (GCC), Jasem Al-Budaiwi, held a virtual meeting on Sunday with the council’s negotiation team for free trade agreements to review the progress of talks with several countries.
Markets price Sept cut despite high inflation; Fed Independence in focus
US equity markets ended the week broadly sideways, with the S&P 500 and Nasdaq consolidating near record levels as investors weighed on the confrontation between President Trump and Fed Governor Cook.
Closing Bell: Saudi main market ends lower at 10,670
Saudi Arabia’s Tadawul All Share Index closed lower on Monday, slipping 26.33 points, or 0.25 percent, to end at 10,670.56.
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