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Press Dossier   By Date  09/04/2025
Saudi tourism license applications up 390% after World Cup announcement: vice minister
Tourism license applications in Saudi Arabia have surged nearly fourfold since the Kingdom secured hosting rights for the 2034 FIFA World Cup, a senior official has revealed.
Closing Bell: Tadawul climbs 109 points as Gulf bourses rebound
Saudi Arabia’s main equities index rose for a second straight session on Tuesday, tracking a broader rebound across Gulf markets after recent declines.
Saudi Arabia proposes new investment product to boost Nomu listings
Saudi Arabia is exploring the introduction of a new investment product in the parallel market, Nomu, to foster private sector listings through special purpose acquisition companies.
Saudi Arabia boosts industrial output with 103 new factories
Saudi Arabia’s Ministry of Industry and Mineral Resources has announced the launch of 103 new factories in January, marking a significant milestone for the Kingdom’s industrial sector.
Saudi Arabia rolls out $533m water, sewerage projects as part of Vision 2030
Saudi Arabia has launched water and sewerage projects worth $533 million in the Riyadh region as part of its efforts to expand public utility services and meet the growing demand.
Kuwait signs design deal with Turkish firm Proyapi for GCC rail project
Kuwait has signed a 2.5 million Kuwaiti dinars ($8.1 million) contract for the design and planning of its section of the regional rail network, marking a step forward in the realization of the Gulf Railway Project first conceived in 2009.
Saudi fund signs $10m loan for renewable energy project in Solomon Islands
The Saudi Fund for Development on Tuesday signed a $10 million development loan agreement with the Solomon Islands to support a renewable energy project.
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