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Press Dossier   By Date  19/10/2024
Saudi Arabia’s economy projected to grow by 4.9% in 2025: World Bank
Saudi Arabia’s economy is projected to remain resilient, with the Kingdom’s gross domestic product expected to grow by 1.6 percent this year, accelerating to 4.9 percent by 2025, according to a recent analysis by the World Bank.
Arab markets see growth in select exchanges amid overall regional declines in September: AMF
A smattering of Arab markets saw positive growth in September, despite an overall decline for the region, according to the latest monthly bulletin released by the Arab Monetary Fund.
Middle East Green Initiative expands as 11 countries sign up
A major regional effort to combat climate change gained momentum as 11 countries joined the Middle East Green Initiative during its first Ministerial Council session in Jeddah.
IMF forecasts Bahrain’s economy to grow by 3% in 2024 amid fiscal reforms
Bahrain’s economy is on track for growth, with gross domestic product expected to expand by 3 percent this year and 3.5 percent in 2025, according to the International Monetary Fund.
Closing Bell: Saudi main index closes in red at 11,907
Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 131.24 points, or 1.09 percent, to close at 11,907.43.
Inter Milan secures investment license to establish academies in Saudi Arabia
The Saudi sports sector is set for further development with Inter Milan securing an investment license from the Kingdom’s Ministry of Investment, to establish academies across the country.
Saudi Arabia’s crude production climbs 0.83% to 8.99m bpd: JODI
Saudi Arabia’s crude oil production increased to 8.99 million barrels per day in August, marking a 0.83 percent rise compared to the same month last year, according to the latest data from the Joint Organizations Data Initiative.
Serbia secures $205m loan from Saudi Fund for Development
Serbia has signed a $205 million loan agreement with the Saudi Fund for Development to enhance its agriculture, education, and energy sectors.
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