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Press Dossier   By Date  11/08/2022
Saudi Arabian Mining Co. emerges as TASI’s 5th-best performer
RIYADH: Saudi Arabian Mining Co., known as Ma’aden, ranked fifth among the top share price gainers this year on the Saudi stock index TASI buoyed by strong results and a thriving mineral sector.
PIF-owned SEIC acquires majority stakes in 4 Egyptian companies for $1.3bn
RIYADH: The Saudi Egyptian Investment Co., a company wholly owned by the Public Investment Fund, announced the acquisition of majority stakes in four publicly listed Egyptian companies.
Mining and quarrying drives Saudi Industrial Production Index up 21% in June
RIYADH: Saudi Arabia’s Industrial Production Index increased by 20.8 percent from a year ago, according to the General Authority for Statistics.
Coinbase posts loss amid crypto market turmoil
RIYADH: Bitcoin, the leading cryptocurrency internationally, traded lower on Wednesday, falling 3.69 percent to $22,981 as of 7:46 a.m. Riyadh time.
Saudi agricultural fund signs $40m deal to finance import of 130K tons of barley
RIYADH: Saudi Arabia’s Agricultural Development Fund has signed a SR150 million ($39.8 million) contract to finance the import of around 130,000 tons of barley.
Dubai realty market marches ahead due to huge demands
The real estate market in Dubai is experiencing robust activity nowadays, especially on quality projects that meet UAE buyers and investors’ aspirations and huge demands.
NAMA facilitates around 16,000 women-owned setups in S.Africa
During a recent field visit to South Africa, NAMA Women Advancement (NAMA) reviewed both the achievements and challenges of its “Stimulating Equal Opportunities for Women Entrepreneurs” flagship programme, launched in the country in partnership with UN Women in 2018 to remove structural barriers to gender equality and foster women’s economic empowerment.
UAE hotel records robust growth as Dubai welcomes over 7m visitors
Al Bandar Rotana, a five-star hotel with a prime waterfront outlook, recorded robust occupancy growth during summer holidays and first half of the year.
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