Press Dossier   By Date  12/03/2024
Closing Bell – TASI loses 63 points to close at 12,556, reaches $2.6bn trade volume
Saudi Arabia’s Tadawul All Share Index closed at 12,555.72 points on Monday, losing 62.90 points or 0.50 percent.
Saudi Arabia’s real estate sector poised for growth in 2024: S&P report
Real estate transactions are set to surge in Saudi Arabia in 2024 thanks to Vision 2023 investments, according to an S&P Global report.
Dubai’s non-oil private sector hits fastest growth since May 2019 with PMI at 58.5
Dubai’s non-oil private sector maintained its growth momentum in February, with the Emirate’s Purchasing Managers’ Index reaching 58.5 – the highest since May 2019. a survey showed.
PIF ranks 5th among sovereign wealth funds globally, nears $1tn in net assets
Saudi Arabia’s sovereign wealth fund has climbed to fifth in a ranking of state-owned investment organizations, with its net assets reaching $861 billion, according to a new report.
Saudi Arabia, Bahrain discuss joint cooperation in social housing and urban planning
Saudi Arabia and Bahrain are exploring partnership opportunities in the social housing and urban planning sectors following a high-level meeting.
Technology strengthening financial system in UAE, says central bank
The financial system in the UAE is more secure and efficient than ever before thanks to the widespread implementation of technology, according to the country’s central bank.
Transport investments to fuel UAE construction market annual growth of 3%: GlobalData
The UAE’s construction market is projected to grow by an average of 3 percent a year until 2028, driven by transport and renewable energy investments, according to GlobalData.
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