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Press Dossier   By Date  02/04/2024
Saudi Exchange marks 400th listing across all securities
Saudi Exchange has welcomed its 400th listing across all securities, underlining the growing prominence of the bourse in the capital market.
Saudi customs exemption on selected goods now effective
Custom duty exemptions for a range of manufacturing products coming into Saudi Arabia are now in effect, as the Kingdom seeks to stimulate its industrial sector.
PIF-owned SITE and Korean AhnLab forge cybersecurity venture for Saudi market
The Saudi market is poised to benefit from advanced cybersecurity solutions through a new venture established by a Public Investment Fund-owned company and Korean firm AhnLab.
Saudi ports enhance Red Sea connections with new NRS shipping service
A new shipping service connecting Jeddah to the northern Red Sea has been launched by Saudi independent short-sea service provider Folk Maritime, indicating growth in the Kingdom's maritime sector.
UAE’s economy set to grow by 5.2% in 2025: central bank
The UAE’s economy received a positive outlook, with the nation’s central bank predicting a substantial 5.2 percent growth in the gross domestic product by 2025.
UAE’s ADNOC Gas eyes investing $13bn to accelerate domestic and international growth
UAE energy giant ADNOC Gas plans to invest $13 billion in domestic and international growth opportunities over the next five years, according to a statement.
Qatar’s industrial sector sees 1.03% growth propelled by mining and quarrying
Qatar’s producer price index for its industrial sector registered an increase of 1.03 percent in February compared to the previous month.
Riyadh Air and Artefact partner to build data analytics platform, develop AI solutions
Saudi Arabia’s Riyadh Air is set to build a data analytics platform and develop artificial intelligence solutions, thanks to a strategic partnership with global consultancy firm Artefact.
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