Press Dossier   By Date  16/05/2024
Saudi inflation steady at 1.6% in April, driven by housing prices
Saudi Arabia’s inflation remained steady at 1.6 percent in April for the second month in a row, driven by changes in housing prices.
GCC bank’s profitability to remain strong in 2024 due to delay in US Fed’s rate cut
A delay in interest rate cuts by the US Federal Reserve will see Gulf Cooperation Council banks’ profitability remain strong in 2024, according to S&P Global Ratings.
Saudi property forum to enhance local real estate supply chain access
Saudi real estate firms are poised to gain improved access to the supply chain with major industry players set to gather in Riyadh for an event designed to enhance cooperation and forge partnerships.
Closing Bell: Saudi main index dips for the second consecutive day
Saudi Arabia’s Tadawul All Share Index continued its downward movement for the second consecutive day, as it shed 17.71 points to close at 12,103.20.
Saudi influence expands as 8 new firms join MSCI’s Global and Small Cap Indexes
Eight new Saudi companies have joined MSCI’s global and small capital indexes, highlighting the Kingdom’s growing influence on the international investment landscape.
British Airways to resume Jeddah operations, enhancing UK-Saudi connectivity
British Airways is set to resume operations in Jeddah after a five-year hiatus, aiming to enhance connectivity to the Kingdom, the airline said.
Saudi Arabia, UK to strengthen cooperation in tourism sector
The Saudi Tourism Authority and VisitBritain, the UK’s national tourism agency, have signed a declaration of intent to develop and grow tourism.
Saudi minister and US counterpart agree road map for cooperation in energy sector
The Saudi minister of energy, Prince Abdulaziz bin Salman, and the US secretary of energy, Jennifer Granholm, on Wednesday agreed a road map for cooperation between the countries in the sector.
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