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Press Dossier   By Date  10/04/2025
Restaurants and cafes lead $2.8bn post-Eid spending in Saudi Arabia: SAMA data
Saudi Arabia recorded SR10.5 billion ($2.8 billion) in point-of-sales transactions in the week ending April 5 with only restaurants and cafes witnessing a positive change, according to the latest figures from the Saudi Central Bank, also known as SAMA.
Saudi Arabia records 89% growth in licensed tourism hospitality facilities
Saudi Arabia’s tourism sector saw significant growth in 2024, with the number of licensed hospitality facilities increasing by 89 percent to 4,425 across various regions of the Kingdom.
Saudi Arabia calls for global satellite standards to spur investment
Saudi Arabia has called for greater international coordination on technical standards and radio spectrum management to boost satellite investment and global collaboration, during the 40th Space Symposium in Colorado.
Closing Bell: Saudi Arabia’s benchmark index closes in red at 11,096
Saudi Arabia’s Tadawul All Share Index concluded Wednesday’s trading session at 11,096.65 points, marking a decrease of 206.11 points, or 1.82 percent.
Saudi Aramco discovers 14 new oil, gas fields
Saudi Aramco has made a series of groundbreaking oil and gas discoveries in the Eastern Province and the Empty Quarter, further cementing Saudi Arabia’s position as a global energy leader.
Saudi Arabia’s HR ministry’s virtual labor services reduce office visits by 93% in 23 months
The virtual branch launched by the Ministry of Human Resources and Social Development has reduced visits to labor offices by 93 percent over 23 months, with monthly users dropping from 60,000 to 3,000.
Kuwait, Saudi Arabia ink MoC to boost civil aviation cooperation
Kuwait’s Directorate General of Civil Aviation (DGCA) signed a memorandum of cooperation (MoC) with the Saudi General Authority of Civil Aviation (GACA) on Wednesday, aimed at strengthening technical collaboration and expertise exchange in the civil aviation sector.
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