Press Dossier   By Date  06/03/2024
UAE’s PMI grows but Egypt’s index falls to 11-month low: S&P Global
The UAE’s non-oil private sector expanded in February as it delivered the strongest output growth since June 2019, according to S&P Global’s purchasing managers’ index report.
Saudi private sector employment touches 11.1m
The total number of employees in Saudi Arabia’s private sector reached 11.1 million in February, up 0.9 percent from the previous month, according to newly released figures.
UAE Central Bank cancels licence of Smart and Secure Insurance agent
The Central Bank of the UAE (CBUAE) has revoked the licence of Smart and Secure Insurance Agent (Smart and Secure), an insurance agent operating in the UAE.
NHC signs deals to revolutionize Saudi real estate sector with innovative technologies
Saudi Arabia’s National Housing Co. signed two agreements at LEAP 2024, aiming to support real estate activities in the Kingdom by crafting unique business intelligence solutions.
Saudi Arabia and UAE responsible for 90% of region’s green bond market: AMF chairman
Saudi Arabia and the UAE now represent over 90 percent of the green bond market across the Arab region, according to a leading finance official.
Saudi PIF, Bahrain Mumtalakat ink cooperation, investment deal
Private sectors of Saudi Arabia and Bahrain are poised to flourish after the two countries’ sovereign wealth funds sealed a cooperation and investment agreement.
ITFC signs deals worth $715m to support private sector, banks in Uzbekistan
The International Islamic Trade Finance Corp. signed several agreements with Uzbekistan worth $715 million at the Arab Coordination Group meeting that concluded in Tashkent on Tuesday.
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