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Press Dossier   By Date  25/05/2023
Saudi Arabia signs energy cooperation deal with Azerbaijan
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman met his Azerbaijani counterpart Parviz Shahbazov on Wednesday to discuss bilateral cooperation in the fields of energy, including renewables, Saudi Press Agency reported.
MODON, Sukuk Capital sign deal to provide new financing solutions to SMEs
Entrepreneurs and owners of small and medium enterprises in Saudi Arabia are set to have enhanced access to financing solutions thanks to a new agreement.
SABIC tops Saudi-listed companies in sustainable reporting: Bridge ESG
Saudi Basic Industries Corp., also known as SABIC, has grabbed the top rank in environmental, social and governance reporting among listed firms in the Kingdom, according to a new report.
Banque Saudi Fransi completes dollar-denominated sukuk issuance of $900m
Banque Saudi Fransi has completed the sale of its dollar-denominated sukuk valued at $900 million with an annual return of 4.75 percent under the Trust Certificates Issuance Program, the company said in a bourse filing.
Real Estate Development Fund deposits $250m in Sakani accounts to boost Saudi housing goals
More support has been handed out to help Saudi families own their homes after SR940 million ($250 million) were deposited into their Sakani accounts in May, the Saudi Press Agency reported.
Value of Saudi point-of-sale transactions falls for second week in a row
Spending by Saudis fell for the second week in a row in the seven days ending May 20, according to point-of-sale transactions data released by the Saudi Central Bank.
Top court upholds ruling scrapping 2022 Assembly
The constitutional court on Wednesday rejected a petition challenging its ruling on March 19 that annulled the 2022 elections, scrapping the 2022 National Assembly and reviving the 2020 house.
Kuwait Airways employees strike for better pay
The Workers’ Union of Kuwait Airways and Subsidiaries organized a two-hour partial strike on Monday in protest against low salaries, non-disbursement of rewards to frontline workers, tampering with workers’ rights and squandering their earnings.
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