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Press Dossier   By Date  08/04/2024
Deposits at Saudi banks increased 10.26% in February
Saudi banks’ total deposits reached SR2.54 trillion ($677 billion) in February, marking a 10.26 percent increase from the same month last year, the official data showed.
Saudi Arabia invites global firms to join mining exploration program
The Saudi mineral sector is poised for expansion with the introduction of the Mining Exploration Enablement Program, inviting global firms and explorers to participate in the initiative.
Folk Maritime shipping line receives first vessel at Jeddah Port
Saudi Arabia’s Folk Maritime shipping line welcomed its inaugural vessel, Sunset X, at the Jeddah Islamic Port, aiming to bolster the Kingdom’s logistics capabilities.
ADFD's combined investments top Dh216 billion
The Abu Dhabi Fund for Development’s (ADFD) combined sum of development financing and diverse investments has surpassed Dh216 billion, benefiting 106 countries across continents.
NBK intensifies awareness campaign, warns customers of scams when donating online
Underscoring its active participation in enhancing financial awareness and inclusion among all segments of society, National Bank of Kuwait (NBK) continues to promote the “Let’s Be Aware” campaign launched by the Central Bank of Kuwait, in collaboration with local banks and Kuwait Banking Association (KBA).
Boursa Kuwait releases its third standalone Sustainability Report
Boursa Kuwait released its third standalone Sustainability Report, which shed light on the Kuwaiti stock exchange’s corporate sustainability strategy and initiatives in 2023, as well as assessing the company’s non-financial performance and progress for the period from January 1 to December 31, 2023.
Iraq signs 12 MoUs with Saudi Arabia in investment push
Economic ties between Saudi Arabia and Iraq are poised to strengthen further with the signing of 12 memorandums of understanding for quality investment projects.
Saudi Arabia invites public input for law on dry gas and LPG distribution
A new law regulating gas distribution for residential and commercial purposes is open for public consultation as Saudi Arabia aims to ensure nationwide efficiency and safety.
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