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Press Dossier   By Date  12/10/2024
Saudi businesses eye opportunities with $2bn in deals amid Pakistan’s economic upturn
Saudi businessmen have expressed hope for successful collaborations in Pakistan, saying the country’s economic stability and improved regulatory framework had made it an attractive investment destination, following the signing of over two dozen deals between companies from both nations.
Saudi banking sector dominates TASI trading in Q3
Saudi Arabia’s banking sector led trading on the Kingdom’s stock exchange in 2024’s third quarter with a 15.14 percent market share, according to Tadawul’s latest report.
Saudi minister calls for private sector investments within existing G2G mechanisms with Pakistan
Saudi Investment Minister Khalid bin Abdulaziz Al-Falih has said Riyadh and Islamabad needed to enable private sector investments within existing government-to-government mechanisms.
Saudi Arabia part of China trial of yuan digital currency payments
China has started a trial for cross-border payments using central bank digital currencies with Saudi Arabia, the UAE, and other partners as it looks at alternative uses for the digital yuan amid its struggles in the home market, Nikkei Asia has reported.
Closing Bell: Saudi main market closes in green at 11,995.22
Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 66.89 points, or 0.56 percent, to close at 11,995.22.
Riyadh’s residential transactions soar 52% as Saudi housing market flourishes
Saudi Arabia’s residential market witnessed a 51.6 percent surge in transactions in Riyadh over the year to the end of the second quarter of 2024, a new analysis showed, as the sector continues its robust growth.
Oman’s public revenues see annual rise of 2.3%
An increase in Oman’s net oil revenues drove a 2.3 percent year-on-year rise in public earnings, reaching 8.12 billion Omani rials ($21.07 billion) between January and the end of August, according to new figures.
Saudi Arabia, Oman sign MoU to further strengthen economic ties
Saudi Arabia and Oman have signed a memorandum of understanding aimed at bolstering economic and planning cooperation based on mutual interests.
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