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Press Dossier   By Date  17/02/2025
Housing prices drive Saudi Arabia’s inflation to 2% in January: GASTAT
Consumer prices in Saudi Arabia increased by 2 percent in January compared to the same month in 2024, primarily due to a rise in housing costs, official data showed.
Closing Bell: Saudi main index slips to close at 12,372
Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 12.93 points, or 0.10 percent, to close at 12,372.07.
Pakistan sees Saudi Vision 2030 as model for its economic transformation
Saudi Arabia’s influence in regional economic transformation is expanding, with Pakistan acknowledging the Kingdom’s progress under Vision 2030 as a valuable model, according to a senior official.
Gulf economies more resilient amid high energy prices: QCB governor
High energy prices have strengthened the economies of Gulf Cooperation Council countries, making them less vulnerable compared to other regions, according to the governor of the Qatar Central Bank.
Dubai's GDP grows by 3.1% in first nine months of 2024 to reach Dh339 billion
Dubai's economy continued its strong upward growth trajectory, with Gross Domestic Product (GDP) in the first nine months of 2024 rising 3.1 per cent from the same period in 2023 to reach Dh339.4 billion. The surge highlights significant strides across key sectors.
UAE's Air Arabia offers 500,000 seats for as low as Dh129 starting February 17
Sharjah-based Air Arabia’s super seat sale is back. The budget airline is offering 500,000 seats across its entire network at discounted fares starting from Dh129.
Air Arabia posts record Dh1.6 billion pre-tax net profit, 11% total turnover growth
Air Arabia, the first and largest low-cost carrier operator in the Middle East and North Africa, today announced its financial and operational results for the full year ending December 31, 2024.
Abu Dhabi issues new rules on establishment, licensing of endowment companies
A new resolution has been issued in Abu Dhabi on the establishment and licensing of endowment institutions in the emirate on Monday, the Abu Dhabi Department of Economic Development (ADDED) announced in collaboration with the Endowments and Minors’ Funds Management Authority (Awqaf Abu Dhabi).
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