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Press Dossier   By Date  09/10/2024
MENA startup funding reaches $1.3bn in first 9 months of the year
Startups in the Middle East and North Africa raised $1.3 billion in the first nine months of the year, reflecting a 13 percent year-on-year decline, the latest data showed.
Closing Bell: Saudi main market closes in green at 12,027
The Tadawul All Share Index in Saudi Arabia experienced a positive surge on Tuesday, rising by 113.55 points, or 0.95 percent, to close at 12,027.17.
Saudi expat remittances see 10% growth to reach $3.16bn
Expatriate remittances from Saudi Arabia reached SR11.86 billion ($3.16 billion) in August, marking a 10 percent annual increase, according to recent data.
Saudi cement exports reach 8.48m tonnes in 2023 as industry eyes sustainable growth
Saudi Arabia’s cement and clinker exports have stayed above 8 million tonnes for four years in a row — double the amount recorded in 2018, according to the latest figures.
Saudi Arabia’s Bahri Chemicals set for 56.9% cargo transportation surge in 2024
Cargo transported by Bahri Chemicals is set to hit 9.1 million tonnes this year — a 56.9 percent rise from 2022, according to a top official.
Saudi Arabia’s fisheries, aquaculture production jumps 55.56% in 2023
Saudi Arabia’s fisheries and aquaculture production rose by 55.56 percent in 2023 to over 140,000 tonnes, underscoring the Kingdom’s commitment to food self-sufficiency and sustainable development.
Bahrain’s economy grows 1.3% in Q2, ministry report reveals
Growth in Bahrain’s non-oil sectors boosted its economy by 1.3 percent year-on-year, reaching 3.7 billion dinars ($9.8 billion) in the second quarter of this year, according to newly released figures.
ACWA Power secures $150m deal to finance wind power plants in Uzbekistan
Saudi utility giant ACWA Power has signed a letter of intent with the Asian Infrastructure Investment Bank to provide $150 million for three wind power plants in Uzbekistan.
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