Press Dossier   By Date  03/01/2022
Dividends recover for Saudi Arabia’s 10 biggest companies after pandemic: Year in Review
2021 has been a year of recovery for the dividends Saudi Arabia’s listed firms paid out to investors, as the economy gained traction after the outbreak COVID-19 pandemic last March.
Saudi bourse sees positive start to new year despite omicron surge: Closing bell
The Saudi stock exchange ended the first trading day of 2022 higher, despite omicron fears that were fueled by a rise in cases on regional and global levels.
MIS to build 6 data centers after $320m deal with Saudi Fransi Capital
Saudi information technology firm Al-Moammar Information Systems, or MIS, is to start building six data centers across the Kingdom at an initial value of SR1.2 billion ($320 million) as per a deal with Saudi Fransi Capital, or SFC.
Dubai sets spending in 2022 fiscal budget at $16.3bn
The UAE's Dubai ruler,. Sheikh Mohammed bin Rashid Al Maktoum approved the emirate's budget for 2022 with at a total expenditure of 60 billion dirhams ($16.3 billion), according to a tweet by Dubai Media Office.
Saudi Fund for Development signs SME financing agreements in Egypt
The Saudi Fund for Development, known as SFD, signed multiple financing agreements in Egypt with the Industrial Development Bank, Banque du Caire and Enmaa Finance Company.
Saudi aid center, UNHCR sign agreement to help Yemeni people
The King Salman Humanitarian Aid and Relief Center on Sunday signed an agreement with the UN High Commissioner for Refugees to provide shelter and support for displaced families across Yemen.
Saudi Ports Authority signs deal with SCCA
The Saudi Ports Authority, MAWANI, announced the signing of a memorandum of understanding with the Saudi Center for Commercial Arbitration on Sunday.
Saudi authorities convict 6 accused of money laundering with 31 years imprisonment
Authorities in Saudi Arabia said six people have been convicted of money laundering charges and sentenced to 31 years in prison, the Saudi Press Agency reported on Sunday, citing the Public Prosecution.
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