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Press Dossier   By Date  11/09/2023
Indian-Saudi Investment Forum opens in New Delhi
The Indian-Saudi Investment Forum in New Delhi seeks to explore investment opportunities across information and communications technology, entrepreneurship, chemicals, energy and advanced manufacturing sectors.
National Medical Care Co. secures $93m murabaha facility from GIB
In a bid to finance the working capital requirements, National Medical Care Co. has secured a SR350 million ($93.30 million) murabaha facility from the Gulf International Bank.
Qatar and Malaysia forge partnership to strengthen financial markets
In a move aimed at fortifying Qatar’s financial landscape and positioning it as a global finance player, the country’s Financial Centre Regulatory Authority and stock exchange have entered into a strategic agreement with the Malaysian Rating Corp. Berhad, also known as MARC.
Saudi tourism fund, Wafi sign MoU to support real estate projects
Saudi Arabia’s Wafi program has signed a memorandum of understanding with the Tourism Development Fund to support real estate developers planning projects in the Kingdom’s tourism sector, the Saudi Press Agency reported on Sunday.
Oman’s insurance sector reports 12% growth in H1
Oman’s insurance sector has showcased resilience and growth with a 11.9 percent surge in premiums during the first half of 2023 compared to the same period in the previous year, reported the state-run news agency.
Saudi Arabia announces housing projects worth $17.3bn at real estate event
Saudi Arabia is expected to witness a boom in the housing sector, with the government announcing projects worth over SR65 billion ($17.3 billion) on the opening day of the Cityscape Global exhibition at Riyadh’s Exhibition and Convention Center.
Closing bell: TASI sheds 61 points to 11,154
Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 61.51 points, or 0.55 percent, to close at 11,154.05.
Government program 2023-27: A roadmap for economic reform
The government’s program for the legislative term 2023-2027, titled “Correcting the Path: A productive Economy and Sustainable Prosperity, prioritizes development and reform to face different challenges.
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