Press Dossier   By Date  21/05/2024
Closing Bell: Saudi Tadawul closes in red across all indexes
Saudi Arabia’s Tadawul All Share Index slipped on Monday, losing 73.02 points, or 0.60 percent, to close at 12,125.36.
Riyadh’s grade A office renting grew by 5% in Q1 2024: report
Saudi Arabia’s prime office rental space saw a 5 percent growth in transactions in the first quarter of 2024 compared to the previous period, according to an industry report.
Saudi aviation industry likely to create 35,000 new jobs by 2030
Saudi Arabia unveiled its first “State of Aviation” report, highlighting the sector’s contributions to the Kingdom’s economic growth, as industry leaders gathered for the Future Aviation Forum.
Saudi-Chinese financial ties to strengthen as top officials meet in Beijing
Saudi and Chinese top officials are holding joint meetings in Beijing focused on fostering international economic growth.
KSrelief to install water desalination plant at Mogadishu hospital
Saudi Arabia’s aid organization KSrelief on Monday signed an agreement to install a water desalination plant at the kidney dialysis center of Banadir Hospital in Mogadishu.
Gulf Bank empowers its employees and promotes social responsibility
As part of its ongoing efforts to enhance and develop its employees, Gulf Bank concluded its platinum sponsorship of the International Coaching Federation (ICF) Kuwait Chapter’s conference, held in celebration of Global Coaching Week. The event attracted numerous coaches, professionals, and corporate leaders.
Burgan Bank ratings affirmed at ‘A+’ and ‘A1’ with a stable outlook
Capital Intelligence Ratings (CI Ratings or CI) announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Burgan Bank K.P.S.C. (“Burgan or “the Bank”) at ‘A+’ and ‘A1’ respectively.
Ministry, Bait Al-Othman Heritage Museum sign cooperation protocol
The Kuwait Ministry of Information on Sunday signed a cooperation protocol with the Bait Al-Othman Museum to promote Kuwaiti heritage and nationalism.
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