Press Dossier   By Date  15/05/2024
North East England to benefit from $3.7bn Saudi investments: UK official
North East England is poised to receive a significant economic boost with investments worth £3 billion ($3.7 billion) from Saudi Arabia, as highlighted by the British deputy prime minister.
Qatar Investment Authority commits to supporting France’s semiconductor sector
Qatar will venture into France’s tech industry as a major investment body announced its intent to anchor a financial commitment in Ardian Semiconductor.
Qiddiya Investment Co. incorporates SEVEN to advance Saudi entertainment industry
Leisure firm Saudi Entertainment Ventures is set to be incorporated into Qiddiya Investment Co., an affiliate of the Kingdom’s sovereign wealth fund.
Over half of Saudi customers eyeing to boost online spending in next 12 months
Saudi Arabia’s e-commerce landscape is expanding rapidly, with 53 percent of customers in the Kingdom looking to boost their online spending in the next 12 months, a survey showed.
Closing Bell: TASI edges down to close at 12,120 points
Saudi Arabia’s Tadawul All Share Index dipped on Tuesday, losing 138.69 points, or 1.13 percent, to close at 12,120.91.
Saudi Arabia’s ICT spending surges 20% to $11bn
Saudi Arabia has witnessed a 20 percent year-on-year increase in government spending on information and communications technology in 2023, reaching SR41.87 billion ($11.16 billion), according to new data.
ITFC’s new initiative promises to boost economic and trade growth in Central Asia
Economic and regional integration among the six Organization of Islamic Cooperation member countries is set to grow with a new program from the International Islamic Trade Finance Corp.
Saudi poultry industry surges with over $1bn in investments at Riyadh expo
Saudi Arabia’s poultry industry has received a substantial boost as investment agreements surpassing SR4 billion ($1 billion) were signed during the ongoing Middle East Poultry Exhibition in Riyadh.
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