Press Dossier   By Date  22/05/2024
Saudi crude exports reach 9-month high: JODI
Saudi Arabia’s crude exports reached 6.41 million barrels per day in March, according to an analysis from the Joint Organizations Data Initiative.
IMF expects UAE’s economy to grow by 4% in 2024
The UAE’s gross domestic product is set to expand by 4 percent this year, driven by robust domestic activities and relatively high oil prices, an International Monetary Fund has forecast.
Saudi Arabia to reveal new innovative tourism strategy in 2024: top official
Saudi Arabia is set to unveil a new tourism strategy this year utilizing artificial intelligence and seamless technology, according to a top official.
Saudi Arabia closes May sukuk issuance at $860m
Saudi Arabia has completed its riyal-denominated sukuk issuance for May at SR3.23 billion ($860 million), according to the National Debt Management Center.
UAE-listed banks lead GCC in Q-o-Q growth in 2024 at 5.6%
Bottomline performance for the GCC banking sector remained steady with a healthy q-o-q growth of 11.8% and a Y-o-Y growth of 10.5% to reach $14.4 billion during Q1-2024, according to GCC Banking Sector Report - Q1-2024, released on Tuesday by kamco Invest.
Riyadh Air and Saudia agree new joint training programs
Saudi Arabia’s two national airlines will work together to train pilots, aircraft crews and other aviation employees thanks to a new deal.
Saudi Arabia and Australia sign deal to boost trade ties
Trade ties between Saudi Arabia and Australia are set to strengthen after the two countries signed an agreement to improve cooperation across multiple sectors.
Saudi Power Procurement Co. signs two power purchase agreements with Japan’s Marubeni
The Saudi Power Procurement Co. signed two power purchase agreements with a consortium led by Japan’s Marubeni Corporation on Tuesday in Tokyo.
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