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Press Dossier   By Date  21/10/2024
Saudi Arabia and Spain discuss opportunities in drone and automotive industries
Saudi Arabia is exploring partnerships with Spanish companies in drone technology, automotive components, and geological surveying, as the Kingdom’s industry minister held talks with business leaders in Madrid.
Saudi restaurant and cafe sales boost August POS spending to $15.6bn
Saudi Arabia’s point-of-sale spending reached around SR58.51 billion ($15.6 billion) in August, marking a 9.67 percent rise compared to the same month last year, according to the latest data.
Closing Bell: Saudi main index slips to close at 11,882
Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 24.50 points, or 0.21 percent, to close at 11,882.93.
Riyadh sees 19% surge in Grade A office space rents in H1: JLL
Rents for Grade A office spaces in Riyadh reached SR2,090 ($556.43) per sq. meter annually in the first half of this year, a 19 percent increase from the same period in 2023.
Saudi Arabia’s PIF launches new property developer to transform staff housing market
Saudi Arabia’s Public Investment Fund has established a new property developer focused on housing for staff involved in major construction projects.
Saudi Arabia, China forge tourism partnerships to boost investment, travel
Officials from Saudi Arabia and China have begun discussions to enhance tourism ties, boost investment, and expand travel opportunities.
Abu Dhabi announces up to Dh500,000 loan offer for Emiratis
Emiratis who have taken out a loan to build or purchase a house can apply for a top-up of up to Dh500,000 under the Abu Dhabi government's new initiative, it was announced on Saturday.
Oman’s credit balance reaches $81.6bn in August
Oman’s total credit balance in the banking sector grew 3.3 percent in August, reaching 31.4 billion Omani rials ($81.6 billion), official data showed.
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