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Press Dossier   By Date  05/07/2025
Saudi Arabia posts 4 years of VC growth despite global slowdown: report
Saudi Arabia achieved four consecutive years of growth in venture capital relative to its economy, a feat unmatched among its peers, according to a new report.
Saudi PMI rises to 57.2 in June as non-oil sector hits 3-month high
Saudi Arabia’s non-oil private sector expanded at its fastest pace in three months in June, supported by rising domestic demand, accelerated hiring, and a pickup in purchasing activity, a survey showed.
Saudi Arabia’s POS spending climbs 24.4% to $3.6bn in final week of June
Saudi Arabia’s point-of-sale transactions climbed to SR13.6 billion ($3.6 billion) in the week ending June 28, marking a 24.4 percent rise compared to the previous seven-day period, according to the latest official figures.
Saudi hotel occupancy rises to 63% in Q1 2025
Saudi Arabia’s hotel occupancy rate rose to 63 percent in the first quarter of 2025, up from 60.9 percent a year earlier, driven by seasonal events, pilgrimage traffic, and growing leisure tourism.
Qatar, Kuwait, UAE see steady June PMI growth; Lebanon slows decline
Business activity across Middle Eastern economies showed mixed trends in June, with Qatar leading growth, Kuwait and the UAE holding steady, and Lebanon remaining in contraction despite easing declines, market trackers showed.
Closing Bell: TASI closes the week in green at 11,244, climbing 1.03%
Saudi Arabia’s Tadawul All Share Index concluded Thursday’s trading session at 11,244.45 points, marking an increase of 114.81 points or 1.03 percent.
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