Press Dossier   By Date  27/02/2024
Saudi Arabia records 10% surge in number of factories
The number of industrial units in Saudi Arabia recorded a 10 percent surge year on year in 2023 to reach 11, 549, according to the Ministry of Industry and Mineral Resources.
Moody’s affirms credit ratings of key Saudi companies
Several prominent Saudi companies received affirmation on their credit ratings from Moody’s Investor Services, a leading global provider of financial assessments, research, and risk analysis.
Closing Bell: TASI drops to 12,532, records $2.4bn trade volume
Saudi Arabia’s Tadawul All Share Index closed at 12,531.76 points on Monday, marking a decrease of 72.83 points or 0.58 percent.
Saudi sovereign wealth fund knocks on debt market doors for second time this year with sukuk offering
Saudi Arabia's Public Investment Fund plans to tap the debt market for the second time this year with a seven-year dollar-denominated sukuk, a document showed on Monday, Reuters reported.
Saudi green projects set to see over $1.6bn investments by 2030, says minister
Environmental projects in Saudi Arabia are set to receive over SR6 billion ($1.60 billion) in investments until 2030, as revealed by a senior official.
Goldman Sachs, Mubadala sign $1bn private credit partnership to invest in Asia Pacific
Business entities in the Asia Pacific region are poised to benefit from a $1 billion partnership between Emirati firm Mubadala Investment Co. and Goldman Sachs.
Qatar to boost gas output with new field expansion
Qatar on Sunday announced new plans to expand output from the world’s biggest natural gas field, saying it will boost capacity to 142 million tons per year before 2030.
Egypt Kuwait Holding achieves net profits of $179m; total revenue $801m for 2023
Egypt Kuwait Holding (EKH) closed FY2023 with revenues of $801 million, surpassing pre-Ukraine war historical averages.
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