Press Dossier   By Date  05/01/2022
UAE non-oil private sector grows for 13th consecutive month in December
The UAE’s non-oil private sector grew strongly in December, recording its 13th consecutive month of growth on the back of sharp expansion in new business.
Soudah Development eyes 2 million annual visitors over 3,000 meters above sea level: Year in Review
It has been a busy year for Souda Development, after the Kingdom’s Public Investment Fund said that a new firm would turn the mountain destination in the Asir region into a world-class luxury resort.
Saudi investment firm Arbah Capital acquires US-based Constitution Health Plaza in $87m deal
Saudi Arabia’s Islamic investment firm Arbah Capital has acquired the Philadelphia-based medical complex Constitution Health Plaza, valued at $87 million.
Saudi cabinet approves MoU with Oman to encourage investments
Saudi cabinet approved today a memorandum of understanding with Oman for the purpose of encouraging investments, Saudi Press Agency reported, citing cabinet's weekly statement.
Saudi Hassana sees 14% annual returns in 2021
Hassana Investment Co. — the investment arm of the General Organization for Social Insurance — has announced that it achieved annual returns of more than 14 percent on its investment portfolio during the year 2021.
Banquet, wedding halls see booking cancellations
Amid a rise in the number of coronavirus cases in the country, celebrations for birthdays, weddings and anniversaries have been called off from Jan 9 till Feb 28, as per an order by the government.
Abu Dhabi's ADQ to create UAE's largest healthcare platform
Abu Dhabi’s ADQ on Wednesday entered into an agreement to consolidate several companies within Pure Health to create the largest healthcare provider in the UAE.
All you need to know before the opening bell of Tadawul on Jan. 5
Saudi bourse’s main index, TASI, ended the prior trading day slightly higher, buoyed by higher oil prices despite another spike in COVID-19 cases.
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