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Press Dossier   By Date  01/11/2023
Saudi Arabia’s non-oil sector grows by 3.6% in Q3: GASTAT
Saudi Arabia’s non-oil sector expanded by 3.6 percent during the third quarter of 2023 compared to the same period last year, economic data released on Tuesday showed.
Saudi company eyes 77% stake in Shell Pakistan
A Saudi company has expressed interest in acquiring majority ownership of 77.42 percent in Shell Pakistan Ltd., according to a stock filing at the Pakistan Stock Exchange on Tuesday.
Saudi Central Bank’s total assets rise by 3.4% to $490bn in September
The Saudi Central Bank, also known as SAMA, reported a 3.4 percent increase in total assets to SR1.82 trillion ($490 billion) in September, up from SR1.76 trillion in August, according to official data.
New shipping service connects Dammam port with 7 global hubs
Saudi Arabia’s King Abdulaziz Port in Dammam has launched a shipping service to enhance connections with seven additional global destinations.
Riyadh’s Grade A office space rents rise 6.2% in H1: Knight Frank
Saudi Arabia’s Regional Headquarters Program to encourage international entities to establish their presence in the Kingdom has increased demand for Grade A office spaces in its capital city.
Eastern Province records 28,000 real estate transactions in 9 months
The volume of real estate transactions in the Kingdom’s Eastern Province reached 28,000 worth SR36 billion ($9.6 billion) by the end of the third quarter, said a top official.
Saudi Arabia’s flynas bolsters fleet with 4 new aircraft
Saudi Arabia’s budget airline flynas has taken delivery of four A320neo aircraft in the last 14 days, the company said in a statement.
Kuwait’s domestic credit flat in Q3
Kuwait’s domestic credit was flat in Q3, keeping the YTD increase at a muted 0.8 percent (+1.7 percent y/y).
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