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Press Dossier   By Date  13/09/2023
Closing bell: Saudi main index drops 79 points to close at 11,156
Saudi Arabia’s Tadawul All Share Index dipped on Tuesday, as it shed 78.88 points or 0.70 percent to close at 11,156.26.
Royal Commission for Makkah City and Holy Sites launches $2.93bn real estate fund
The people of Al-Kidwa can soon expect large-scale development in their neighborhood, with the Royal Commission for Makkah City and Holy Sites launching a real estate fund worth SR11 billion ($2.93 billion) to develop the area.
Saudi Arabia, South Korea ink $50m agreements to boost food product industry
Saudi Arabia’s food product industry is set to experience substantial growth, thanks to a slew of agreements with South Korean businesses totaling $50 million.
Oman Investment Authority signs deal to empower national workforce
In a bid to boost local content and promote localization of industries, the Oman Investment Authority has signed a deal with the country’s Industrial Innovation Academy, the state news agency reported on Tuesday.
Saudi Arabia, India sign agreement to propel startup ecosystem, official reveals
The startup ecosystems in Saudi Arabia and India are on the brink of a major expansion following the signing of a new agreement.
Saudi SME Bank, India’s SIDBI sign agreement to boost the sector
Small and medium enterprises in Saudi Arabia are on course to obtain adequate financing and achieve stability and growth thanks to a new agreement with an Indian institution.
Dubai airport to introduce single biometric system for flight check-in, immigration, boarding
Dubai is working on a project whereby a single biometric will be used for check-in, immigration and boarding the aircraft to further facilitate passenger clearance.
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