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Press Dossier   By Date  09/12/2024
Closing Bell: Saudi main index rises to close at 11,955
Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 23.39 points, or 0.20 percent, to close at 11,955.24.
Retail space demand in Riyadh drives 4.2% rent increase in Q3: Knight Frank
The retail market in Riyadh saw a five-percentage-point increase in occupancy rates, reaching 92 percent by the end of the third quarter, according to a new report by Knight Frank.
Saudi Arabia opens 22 gravel, sand quarry sites for bidding
Saudi Arabia has launched a competitive bidding process for 22 gravel and sand quarry sites to ensure a steady domestic supply of essential materials to support the country’s expanding construction sector.
Saudi Arabia achieves major financial milestone with IPSAS adoption
Saudi Arabia has achieved a significant milestone in public financial management by successfully transitioning to International Public Sector Accounting Standards on an accrual basis.
Saudi Arabia and UK forge deeper ties in trade, tourism and innovation
Saudi Arabia and the United Kingdom are solidifying their partnership through expanded collaborations in key sectors, including finance, trade, tourism and innovation.
Saudi Arabia, Azerbaijan discuss bolstering energy cooperation
Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz met with Azerbaijani Economy Minister Mikayil Jabbarov for discussions on strengthening energy relations.
Kuwait fund commits $5m to fight neglected tropical diseases
The Kuwait Fund for Arab Economic Development (KFAED) signed a grant agreement with the World Health Organization (WHO) on Sunday, committing $5 million in funding for the program aimed at eliminating neglected tropical diseases (NTDs) in Africa.
Dubai equity benchmark set to rise 20% this year
This year is turning out to be yet another magnificent one for Dubai stocks. The DFM index, which rallied by 22 per cent in 2023, is on track to close with another 20 per cent gain for 2024, data shows.
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