Press Dossier   By Date  14/03/2024
Saudi Arabia’s PIF updates its asset size to $925.2bn
Saudi Arabia’s sovereign wealth fund has revised its asset size on its website, reaching $925.2 billion, after it climbed to the fifth spot in a ranking of state-owned investment organizations.
Moody’s retains positive outlook for Saudi Arabia’s banking sector
Moody’s Investors Service has retained a positive outlook for Saudi Arabia’s banking sector thanks to the Kingdom’s economic diversification programs.
Saudi ports record 17% growth in container handling in February
Seaports in Saudi Arabia recorded a 16.88 percent increase in the number of containers handled in February compared to the same period last year, official data showed.
Women returning to work after career break could add $385bn to MENA economy: PwC
Women rejoining the workforce after a career gap could contribute $385 billion to the economies of nine Middle East and North Africa countries, a survey showed.
Saudi Arabia’s second sukuk savings round for March closes at $255.7m
Saudi Arabia has concluded its second government sukuk savings round for March, with a total volume of requests reaching SR959 million ($255.7 million), allocated to 37,000 applicants.
Closing Bell – Saudi Arabia’s TASI closes in green, climbing at 12,723
Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at 12,723.15 points, marking an increase of 109.21 points or 0.87 percent.
Saudi inflation holds steady at 1.8% in February: GASTAT
Saudi Arabia’s inflation stood at 1.8 percent in February, compared to 1.6 percent in the previous month, according to official data.
Saudi tech sector to see $100m investment windfall thanks to Gulf Capital deal with innovation authority
Saudi Arabia’s technology sector is set to benefit from $100 million of investment thanks to an agreement between private equity firm Gulf Capital and the Kingdom’s Research Development and Innovation Authority.
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