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Press Dossier   By Date  04/04/2024
Saudi Ministry of Industry and Mineral Resources issues 118 new permits as sector grows
Saudi Arabia issued 118 new industrial licenses in February – a 72 percent annual increase as the Kingdom’s manufacturing sector continues to strengthen.
Saudi airline flynas receives 50th A320neo Airbus plane amid fleet expansion
Saudi low-cost carrier flynas has received its 50th jetliner from Airbus out of an order of more than 100 aircraft, as it continues to pursue its growth and expansion plans.
Al-Baha, Eastern Province municipalities now offering over 1,000 investment opportunities
Investors can now access over 1,000 opportunities in sectors, including tourism, across the Al-Baha and the Eastern Province municipalities, according to the Saudi Press Agency.
Saudi Arabia leads March PMI rankings among GCC nations
Saudi Arabia’s non-oil private sector saw steady growth in March, with output accelerating to a six-month high, as reflected by the Kingdom’s Purchasing Managers’ Index.
Closing Bell – TASI closes in green to reach 12,622 points
Saudi Arabia’s Tadawul All Share Index closed in green on Wednesday, gaining 145.63 points, or 1.17 percent, to close at 12,622.22.
Saudi banking assets near $1tn landmark as double-digit growth continues: KPMG
Saudi Arabia’s total banking assets grew 9.5 percent in 2023 compared to the previous year, nearly reaching the milestone of $1 trillion by year-end.
CBUAE’s foreign assets see 39% annual surge
The UAE central bank’s foreign assets surged to 695.04 billion dirhams ($189.2 billion) in January, showing a 38.8 percent yearly increase, according to official data.
UAE non-oil sector sees sharp rise in optimism despite supply pressures
Business conditions in the UAE non-oil private sector strengthened sharply in March, with optimism reaching its highest point in six months, as indicated by a survey.
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