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Press Dossier   By Date  01/02/2025
Global Labor Market Conference sees 31 deals to provide training, job opportunities in Saudi Arabia
Saudi Arabia signed 31 deals at the Global Labor Market Conference to expand training, leadership development, and job opportunities for graduates and individuals with disabilities through specialized skills and education.
Saudi Arabia’s real GDP grows 4.4%: GASTAT
Saudi Arabia’s real gross domestic product saw an annual expansion of 4.4 percent in the fourth quarter of 2024, marking its highest growth in two years, official data showed.
Saudi stock market among top regional performers amid upward trend
The Saudi stock market was among the Arab region’s top performers in December, with the Tadawul index rising 3.39 percent amid improved liquidity and investor confidence, a new report showed.
Middle East carriers witness 13% cargo demand growth in 2024: IATA
Middle Eastern air carriers saw a 13 percent increase in air cargo demand in 2024 compared to the previous year, driven by the e-commerce boom and various ocean freight restrictions, according to an analysis.
Saudi Arabian Military Industries appoints new CEO
The Saudi Arabian Military Industries has announced the appointment of Thamer M. Al-Muhid as its new chief executive officer, effective Feb. 1, according to a statement released on Thursday.
Saudi crowdfunding platform Lendo secures $690m warehouse facility led by J.P. Morgan
Lendo, a debt crowdfunding platform in Saudi Arabia, has secured a SR2.6 billion ($690 million) warehouse facility, with J.P. Morgan serving as the lead arranger.
Saudi Arabia’s flyadeal joins IATA, boosting Kingdom’s aviation growth
Saudi Arabia’s low-cost carrier, flyadeal, has joined the International Air Transport Association, marking a significant step in its regional and global expansion while supporting the Kingdom’s growing aviation sector.
UAE real estate market ends 2024 with record growth, led by Dubai, Abu Dhabi
The UAE’s real estate market ended 2024 on a strong note, with Dubai’s residential sales soaring 30 percent year on year to 119 billion dirhams ($32.4 billion) in the fourth quarter.
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