Press Dossier   By Date  28/02/2024
Saudi Arabia introduces clean diesel and gasoline fuels in Kingdom’s market
Saudi Arabia’s sustainability drive is gaining momentum with the Ministry of Energy announcing the launch of clean diesel and Euro-5 compliant gasoline in the Kingdom’s market.
Saudi PIF sets 7-year sukuk yield at 85 basis points above US Treasuries: Reuters
Saudi Arabia’s Public Investment Fund has set the yield for its seven-year dollar-denominated sukuk at 85 basis points above US Treasuries, according to a banking document reported by Reuters on Tuesday.
Closing Bell: Saudi main index rebounds to close at 12,602
Saudi Arabia’s Tadawul All Share Index bounced back on Tuesday after recording declines on two days.
UAE, Peru announce free trade talks
The UAE and Peru have announced that they will start talks for a free trade agreement later this year.
Dubai’s Parkin to sell 24.99% stake in IPO
The Dubai government is selling a 24.99 percent stake in Parkin, which oversees public parking operations in the emirate, through an initial public offering in the emirate’s first privatization deal this year, Parkin said in a statement on Tuesday.
Qatar unveils its first VC fund of funds with $1bn worth of investments
Local and regional entrepreneurs are set to benefit from an investment exceeding $1 billion through Qatar’s new venture capital fund of funds.
Malaysia to seal free trade deal with UAE by June, minister says
Malaysia expects to conclude a free trade agreement with the UAE by the end of June, the country’s trade minister said, adding the deal could boost investment in Malaysia by the Gulf state’s sovereign wealth funds.
Aramco signs procurement agreements worth $6bn to enhance local supply chain
Saudi Aramco’s domestic supply chain is poised for further improvement as it signed procurement agreements worth $6 billion with suppliers in the Kingdom.
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