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Press Dossier   By Date  21/07/2024
Closing Bell – Saudi indexes end week in green, TASI closes at 12,188
Saudi Arabia’s Tadawul All Share Index ended the week in green, gaining 30.71 points, or 0.25 percent, to close at 12,188.32.
Saudi home ownership rate passes 63%, closing in on Vision 2030 target
The percentage of Saudi households owning a home reached 63.74 percent at the end of 2023, an increase of 16.7 percent compared to 2016, according to a new report.
Saudi Arabia’s foreign direct investment stock hits $218bn in Q1
Saudi Arabia’s foreign direct investment stock reached SR817.7 billion ($218 billion) in the first quarter of 2024, marking a 6.1 percent rise compared to the same period last year, recent data showed.
UAE’s debt market soars 11.8% to $281bn in H1, 71.5% dominated by US dollars
The UAE’s debt capital market outstanding surged by 11.8 percent annually to $281 billion in the first half of this year, with 71.5 percent of US-denominated dollars, a new report has revealed.
Almarai, 30Export sign deal for nearly $16m export boost strategy
A SR60 million ($15.9 million) deal has been signed between food company Almarai and marketing logistics firm 30Export to boost the former’s foreign trade prospects.
Real Estate Brokerage Law spurs 17% surge in Saudi property transactions, watchdog head reveals
New regulations providing safeguards in Saudi Arabia’s real estate sector helped drive up residential and commercial property transactions by 17 percent within their first year, according to a senior official.
19,817 residency and labor violators arrested across KSA
In joint field campaigns across the Kingdom from July 11 to July 17, 19,817 people were arrested for violating residency, labor and border security laws.
Saudi government agencies boost emerging tech adoption by 10% in 2024
Saudi Arabia’s government agencies have made significant progress in integrating new technologies, showing a 10 percent improvement from the previous year, according to an official report.
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