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Press Dossier   By Date  08/04/2025
GCC markets provide strong hedge against global economic chaos
Amid the ongoing global economic turbulence, the Gulf Cooperation Council region has demonstrated resilience, emerging as a dynamic hub. Its capital markets have weathered challenges, from US tariff shocks to fluctuations in oil prices, according to the group chief executive of EFG Holding.
Closing Bell – Saudi stocks defy regional trend with 1% gain as Gulf markets decline
Saudi Arabia emerged as the sole gainer among Gulf markets on Monday, with the Tadawul All Share Index rising 1.05 percent to close at 11,194.02, up 116.83 points.
Saudi non-oil growth holds firm in March with PMI at 58: S&P Global
Saudi Arabia’s non-oil private sector maintained its resilience in March, with the Kingdom’s Purchasing Managers’ Index reaching 58.1, the highest among its Middle Eastern peers.
UAE sets tax nexus rules for non-resident investors in real estate, funds
The UAE has issued new guidelines that clarify when foreigners and non-residents will be treated as having a taxable presence in the country when it comes to real estate and investment funds.
GCC, Kuwaiti officials discuss regional ties
Secretary-General of the Gulf Cooperation Council Jasem Albudaiwi has received in Riyadh Sheikh Sabah Nasser Sabah Al-Ahmad Al-Sabah, the ambassador of Kuwait to Saudi Arabia, the Saudi Press Agency reported.
Kuwait's Ministry of Education launches AI smart chat service
Kuwait's Ministry of Education announced Monday launching the smart chatbot "Chat with Hamad", a modern technical solution that uses artificial intelligence (AI) to assist with communication.
NBK signs partnership with Harrods London, bringing unmatched benefits to customers
Strengthening its position as a pioneer in delivering exclusive and distinguished offerings, National Bank of Kuwait (NBK) has forged an exclusive partnership with Harrods, London’s iconic luxury department store and one of the world’s most renowned shopping destinations.
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