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Press Dossier   By Date  25/04/2024
Closing Bell: TASI edges down to close at 12,355 points
Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 128.72 points, or 1.03 percent, to close at 12,355.69.
Saudi Arabia closes April sukuk issuance at $1.97bn
Saudi Arabia has completed its riyal-denominated sukuk issuance for April at SR7.39 billion ($1.97 billion), representing a rise of 66.44 percent compared to the previous month.
Saudi economy witnessing a fundamental shift, says minister
Since the launch of Vision 2030, Saudi Arabia has witnessed a fundamental shift in its economy and the business environment is transforming with the creation of new sectors, said the Kingdom’s economy minister.
Saudi Arabia to develop 320k new hotel rooms by 2030: Knight Frank
Saudi Arabia is gearing up to expand its hospitality sector by developing 320,000 new hotel rooms by 2030, according to an analysis by global property giant Knight Frank.
Saudi entrepreneurs among beneficiaries of $493m Social Development Bank funding in Q1 2024
Almost 12,000 Saudi entrepreneurs received support and training from the Kingdom’s Social Development Bank in the first quarter of 2024, it was revealed.
Boubyan Bank records net profit of KD 25m for the first quarter
Boubyan Bank has announced KD 31.7 million in operating profits for the first quarter of this year as the bank recorded KD 25 million in net profits at a growth rate of 21 percent compared with last year, while the earnings per share amounts to 5.2 fils.
NBK reports KD 146.6m profits
National Bank of Kuwait (NBK) has announced its financial results for the three-month period ended 31 March 2024.
KFH records net profit of KD 162.8m
Chairman of Kuwait Finance House (KFH) Hamad Abdulmohsen Al Marzouq announced that KFH achieved a net profit of KD 162.8 million for the first quarter of 2024 for shareholders
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