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Press Dossier   By Date  12/02/2025
Saudia adds 11 new global destinations
Saudia airline is adding 11 new destinations to its network this year — including Vienna, Bali, and El-Alamein — as part of its global expansion strategy, the company announced.
Closing Bell: Saudi main index edges down to close at 12,424
Saudi Arabia’s Tadawul All Share Index ended Tuesday’s trading in red, as it shed 47.40 points or 0.38 percent to close at 12,424.32.
Saudi crowdfunding funding hits $800m a year: top official
Crowdfunding has emerged as one of the fastest-growing financial channels in Saudi Arabia, with platforms doubling in size annually and surpassing SR3 billion ($800 million) in capital last year, according to a top official.
PIF forum in Riyadh to drive private sector growth with new partnerships, investments
Saudi Arabia’s Public Investment Fund is set to unveil new private sector partnerships and investment initiatives at its annual Private Sector Forum, scheduled for Feb. 12-13 in Riyadh.
Ericsson, Mobily MoU to explore intent-driven autonomous network through AI, official says
Saudi telecommunication firm Mobily and Swedish company Ericsson have signed an agreement to explore an intent-driven autonomous network that enhances speed, scalability, and capacity, an official said.
Saudi fund grants $20m loan for Suriname power grid
The Saudi Fund for Development has signed its first concessional loan agreement with Suriname, allocating $20 million to expand the country’s electricity transmission and distribution networks.
Islamic coalition partners with UN to strengthen global efforts against terrorism
The Islamic Military Counter-Terrorism Coalition and the UN Office of Counter-Terrorism signed a memorandum of understanding in New York to bolster international efforts against terrorism and promote global security and stability.
Saudi Cabinet reviews regional developments, approves key agreements
Crown Prince Mohammed bin Salman chaired the weekly Cabinet session in Riyadh on Tuesday, where key regional and international issues were discussed and agreements aimed at enhancing the Kingdom’s global partnerships were approved, the Saudi Press Agency reported.
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Maroof certificate
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