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Press Dossier   By Date  15/07/2025
Closing Bell: Saudi main index closes in red at 11,213
Saudi Arabia’s Tadawul All Share Index closed lower on Monday, falling 39.31 points, or 0.35 percent, to end the day at 11,213.59.
Saudi financial ecosystem hits $267bn milestone in 2024 in line with Vision 2030
Saudi Arabia’s financial ecosystem reached a record SR1 trillion ($267 billion) in locally managed assets in 2024, marking a significant milestone in its transformation under Vision 2030.
Saudi PIF rises to 4th among sovereign wealth funds as assets surpass $1tn
Saudi Arabia’s Public Investment Fund has rise one place to 4th globally among sovereign wealth bodies, with assets surpassing $1 trillion, according to Global SWF’s July rankings.
BYD plans major Saudi expansion following Tesla’s market entry
Chinese electric vehicle giant BYD Co. is aiming to triple its presence in Saudi Arabia after Tesla Inc.’s recent market entry, the firm’s managing director for the Kingdom has announced.
Boursa Kuwait marks key milestone in Capital Market Development Program
Boursa Kuwait on Sunday celebrated the launch of the second part of Phase III of the Capital Market Development Program, a major step forward in the ongoing modernization of Kuwait’s financial markets.
Municipal Council OKs new investment housing regulations
The Municipal Council, chaired by Abdullah Al-Mahri, approved on Monday a set of updated investment housing regulations as part of new building guidelines designed to support the country’s urban development goals.
Kuwait Codes 2nd cohort kicks off in partnership with Zain
Zain announced the launch of the second cohort of the 2025 edition of the Kuwait Codes initiative, part of its ongoing strategic partnership with CODED Academy. The new phase features the participation of over 300 high school students and aims to equip them with advanced digital skills to enhance their readiness for the future.
KFF and PAAET discuss enhanced cooperation on firefighter training
Kuwait Fire Force (KFF) Chief Major General Talal Al-Roumi and Director General of the Public Authority for Applied Education and Training (PAAET) Dr Hassan Al-Fajjam emphasized the importance of facilitating registration procedures for firefighter recruits at the Applied Training College (ATC) and enhancing coordination to ensure high-quality educational outcomes aligned with the technical and professional needs of the fire service.
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