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Press Dossier   By Date  30/09/2024
Saudi Arabia starts operations for the 1st natural gas storage project
Saudi Arabia has officially launched operations at the Hawiyah Gas Storage facility, marking its first project dedicated to storing natural gas through the injection of processed fuel. Developed by Aramco, the facility is designed to reintroduce up to 2 billion standard cubic feet of natural gas per day into the Kingdom’s Master Gas System, an extensive network of pipelines that connects key production and processing sites to customers nationwide.
Saudi Arabia’s leisure tourism soars, drawing 17.5m visitors in 2024
Saudi Arabia’s leisure tourism sector has surged by 656 percent since 2019, welcoming 17.5 million international visitors in 2024, according to the Ministry of Tourism.
Oman credit rating rises to ‘BBB-’ from ‘BB+’: S&P
Oman’s continued improvement in public finances has pushed its credit rating to “BBB-” from “BB+,” according to S&P Global Ratings.
Qatar private sector exports surge 3.5% in Q2
Qatar’s private sector exports increased by 3.5 percent quarter-on-quarter, reaching 2.62 billion Qatari riyals ($719 million) in the second quarter of 2024, the latest industry data showed.
Closing Bell: Saudi main index slips to close at 12,271
Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 102.53 points, or 0.83 percent, to close at 12,271.77.
ACWA Power, Badeel, and SAPCO reach $3.2bn financial close on 3 solar PV projects
Saudi Arabia’s upcoming solar photovoltaic projects — Haden, Muwayh, and Al Khushaybi — have reached financial close, securing a total investment of $3.2 billion.
SPARK attracts over 60 investors with $3bn in investment
Saudi Arabia’s King Salman Energy Park has attracted more than 60 investors, amassing over $3 billion in investments to date.
UAE President declares February 28 as Emirati Day for Education
February 28 will be celebrated as the Emirati Day for Education, President Sheikh Mohamed announced in a post on X.
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