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Press Dossier   By Date  20/10/2024
Corporate activities drive Saudi bank loans to highest growth rate in 18 months
Saudi bank loans reached SR2.82 trillion ($753.27 billion) in August, representing an annual growth rate of 12.11 percent — the highest in 18 months, according to recent data.
Startup Wrap – Saudi startup ecosystem accounts for 60% of regional funding in September
Saudi Arabia’s startup ecosystem accounted for 60 percent of the Middle East and North Africa region’s funding in September, with $170.8 million raised across 23 deals.
Riyadh Season 2024 to empower entrepreneurs and productive families
Riyadh Season 2024 will allocate sales outlets in key locations this year to productive families and entrepreneurs during major events, Saudi Press Agency (SPA) reported.
Saudi Arabia and Spain explore opportunities in mining cooperation Previous
Saudi Arabia’s Minister of Industry and Mineral Resources met on Saturday with Spanish Minister of State for Energy, Sara Aagesen Munoz, to discuss deepening mining cooperation between the two nations.
Kingdom arrests 21,971 illegals in one week
Saudi authorities arrested 21,971 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
NBK to participate as strategic partner in FII conference in Riyadh
National Bank of Kuwait (NBK) is participating in the eighth edition of the Future Investment Initiative (FII 8th Edition) with a high-level delegation. The event will take place under the Royal Patronage of the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz Al-Saud, at the King Abdulaziz International Convention Center in Riyadh, from October 29 to 31.
UAE’s economic growth remains robust on reforms, investments
The UAE’s economic outlook for 2025 is positive, supported by ongoing infrastructure development plans including to raise oil and gas production capacity, a still-buoyant real estate and construction sector and surging tourism.
GCC, UK discuss free trade deal, economic ties
GCC Secretary General Jasem Al-Budaiwi met with UK Minister of State for the Middle East and North Africa Hamish Falconer late Thursday to discuss enhancing bilateral ties.
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