Press Dossier   By Date  18/04/2021
Dubai gold prices rise on stronger US data
Gold prices in Dubai and worldwide rose on Wednesday morning as a bigger-than-expected rise in US inflation boosted bullion's appeal as a hedge and weighed on the dollar and Treasury yields.
Saudi Aramco part of $50 million funding for US software firm
Saudi Aramco’s investment arm was among a group of investors who awarded SR187.5 million ($50 million) to a Seattle-based manufacturing and technology software company.
Saudi Arabia’s EIC buys assets from bust Belgian power firm
Saudi Arabia's Electrical Industries Company has agreed to buy some assets of CG Power Belgium from its liquidator for about €5 million.
Saudi insurance sector eyes more mergers and acquisitions
The Kingdom’s insurance sector closed the financial year 2020 on a high note with the aggregate net profit of local insurance firms, except for the Saudi Indian Company for Cooperative Insurance, rising to SR1.443 billion ($0.38 billion) in Q4, an increase of 47 percent year-on-year, according to data compiled by the financial news service Argaam.
Saudi Housing Ministry signs agreements making it easier for families to own first house
The Housing Ministry’s Sakani program signed four agreements with a number of agencies during the Sakani Forum for the first quarter of 2021, held in Riyadh.
Sharjah, Belarus explore ways to boost economic, investment ties
The Sharjah Chamber of Commerce & Industry (SCCI) discussed ways to boost the economic ties and strategic partnerships with the Republic of Belarus in a way that serves the interests of business communities in the two countries.
Dubai Customs completes 5 million transactions in Q1
Dubai Customs completed 5 million transactions in Q1 this year, according to latest figures. This is equivalent to double the number of transactions in the same period in pre-pandemic 2019, and 20% more than Q1 2020, in which 4 million transactions were completed.
Page 1 of 1