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Press Dossier   By Date  17/03/2025
Global trade hits record $33tn in 2024, growing by 3.7%: UNCTAD
Global trade reached a record high of $33 trillion in 2024, marking a 3.7 percent increase from the previous year, driven by an uptick in the services sector.
Closing Bell: Saudi stock markets rise; TASI climbs over 1%
Saudi Arabia’s Tadawul All Share Index saw a positive close on Sunday, gaining 127.90 points, or 1.09 percent, to settle at 11,853.78.
Saudi Arabia launches $266m program to promote eco-friendly projects
Saudi Arabia has unveiled a new environmental financing initiative worth SR1 billion ($266.6 million), supported by Riyad Bank, to encourage private sector participation in sustainable and eco-friendly projects.
Arab region’s GDP climbs 1.8% to $3.6tn in 2024 despite challenges
The Arab region’s gross domestic product increased by 1.8 percent, reaching $3.6 trillion in 2024, despite facing regional challenges, according to new data.
Hail region unveils 23 investment opportunities to drive economic growth
Saudi Arabia’s Hail region has launched 23 new investment opportunities for the first quarter of 2025, aiming to accelerate economic growth, boost private sector participation, and enhance service quality.
Saudi Arabia’s top body reviews economic performance, global outlook
Saudi Arabia’s Council of Economic and Development Affairs hosted a virtual meeting to discuss financial performance and global developments, focusing on improving public sector contributions.
Saudi Arabia’s inflation holds steady at 2% in February: GASTAT
Saudi Arabia’s inflation held firm at 2 percent year on year in February, driven largely by rising housing costs, official data showed.
Oil exports propel Oman’s trade surplus to $19.4bn
Oman’s trade surplus reached 7.5 billion Omani rials ($19.4 billion) in December, up from 7.14 billion rials in November, largely driven by the oil and gas sector, according to a new report.
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