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Press Dossier   By Date  01/04/2024
Tourist spending in Saudi Arabia hits record high of $40bn in 2023
Tourist spending in Saudi Arabia reached a record high in 2023, totaling SR135 billion ($39.95 billion), according to the latest official data.
Kamco Invest Saudi partners with Flexam to introduce European leasing opportunities
Saudi investors will gain access to Shariah-compliant leasing opportunities in Europe’s logistics and transportation sectors following a partnership between Kamco Invest and Paris-based Flexam Invest.
S&P revises Oman’s outlook to positive; affirms credit rating ‘BB+/B’
Oman’s improved fiscal position prompted international credit rating agency S&P Global to upgrade the country’s outlook from stable to positive.
QatarEnergy to charter 19 LNG more vessels expanding fleet further
QatarEnergy CEO Saad Al-Kaabi announced on Sunday that the company has finalized a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels ahead of a massive expansion in LNG output.
Investment opportunities in Saudi stock market on the rise, says analyst
Saudi Arabia’s economic growth and efforts have enhanced indirect investment opportunities in the Kingdom’s stock market, said a top official of the Egyptian financial services company, EFG Hermes.
Closing Bell: Saudi main index slips to close at 12,401
Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 164.33 points, or 1.31 percent, to close at 12,401.56.
ACWA Power signs $263m deal for Nukus2 wind project in Uzbekistan
Saudi energy giant ACWA Power has signed a SR985.13 million ($262.7 million) power purchase agreement with Uzbekistan's National Electric Grid for the Nukus2 200-megawatt wind project.
UAE corporate tax: Registration, deadlines explained
The Federal Tax Authority has reitreated deadlines for the registration of taxable persons for corporate tax.
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