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Press Dossier   By Date  08/10/2024
Saudi Arabia’s MSMEs see 17% growth in credit facilities – SAMA report
Credit facilities extended to micro, small, and medium enterprises in Saudi Arabia grew by 17.04 percent year on year in the second quarter of 2024, totaling SR307.4 billion ($82 billion), according to recent data.
Nintendo shares rise on Saudi Public Investment Fund report
Nintendo shares jumped more than four percent Monday after a top official of Saudi Arabia’s sovereign wealth fund was quoted as saying it was mulling hiking its stake in the Japanese gaming giant.
Saudi agriculture set to grow with 9,683 Q3 licenses enhancing food security, local production
Saudi state-owned National Co. for Agricultural Services issued 9,683 agricultural licenses in the third quarter of the year to enhance food security and boost local production, said the CEO.
Closing Bell: Saudi TASI records 1.23% rise to close at 11,913
Saudi Arabia’s Tadawul All Share Index rose by 1.23 percent to reach 11,913.62 points on Monday mainly driven by a significant growth in Al Majed Oud Co.’s stock price alongside other top performers.
Saudi Arabia adds 60 direct routes since launch of Air Connectivity Program
Saudi Arabia has introduced 60 new direct air routes since the launch of its national Air Connectivity Program, according to Majid Khan, CEO of the initiative.
UAE-Jordan trade projected to reach $8bn after CEPA signing, minister says
Bilateral trade between the UAE and Jordan is projected to increase to $8 billion by 2032, up from $4.2 billion in 2023, following the signing of a Comprehensive Economic Partnership Agreement, said a top official.
Kuwait displays urban projects
Kuwait Municipality displayed its national projects at the Gulf Municipal Work Conference’s side exhibition, held in Riyadh. All Gulf Cooperation Council (GCC) countries participated in the exhibition, with each country hosting a pavilion.
Saudi PIF’s Aseer Investment Co. inks deal with private sector to develop tourism project
Saudi Arabia’s Abha city has secured a new investment partnership to boost tourism by developing culturally rich dining and retail experiences.
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