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Press Dossier   By Date  14/04/2024
Vision 2030 putting Saudi Arabia on the map for global investors, experts say
Saudi Arabia’s investment landscape is poised for a prosperous future, fueled by its equity and debt markets, a range of economic experts have told Arab News.
Saudi Arabia a beacon for female entrepreneurship, according to industry leaders
Saudi Arabia is witnessing a significant surge in female entrepreneurship, positioning the Kingdom as a global leader in women-led small and medium-sized enterprises.
Saudi banks’ foreign assets surge by 22%, reflecting robust international investments
The foreign assets of Saudi Arabia’s commercial banks surged by 22 percent in February, reaching a total of SR347.63 billion ($92.7 billion), compared to the same month of the previous year.
Saudi bank loans increase by 11% to reach $706bn, fueled by real estate activities
Saudi banks extended loans totaling SR2.65 trillion ($706.3 billion) in February, marking an 11 percent rise from the same month in 2023, according to the latest official data.
Saudi Arabia make up a third of Forbes Middle East’s 30 Most Valuable Banks
Saudi Arabia is home to a third of Forbes Middle East’s “30 Most Valuable Banks,” with a 25 percent annual rise in the Kingdom’s entities’ accumulative market value.
Qataris favor villas as top residential choice, official data reveals
Residential building permits in Qatar surged in March, reaching 257 licenses, up from 193 the previous month, according to official data.
Saudi Arabia arrests 20,667 illegals in one week
Saudi authorities arrested 20,667 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
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