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Press Dossier   By Date  22/01/2025
Saudi economy minister speaks on global growth, US economic policies, Vision 2030
Saudi Arabia’s Minister of Economy and Planning Faisal Alibrahim on Tuesday said the Kingdom would continue to assess shifting US economic policies as it eyes more integration to help protect global trade.
Saudi reserves at central bank grow to $450bn
Saudi Arabia’s reserves at the Kingdom’s central bank saw a 2.8 percent year-on-year rise to SR1.69 trillion ($450.31 billion) in November.
Saudi Arabia qualifies 6 mining firms for Exploration Enablement Program
Saudi Arabia has chosen six local and international mining companies for its Exploration Enablement Program designed to boost investments and enhance the competitiveness of the sector.
Saudi agritech firm closes $2.55m in seed funding round
Saudi Arabia’s hydroponic farming sector is poised for a boost, as the Kingdom-based agritech startup Arable announces the successful closure of a $2.55 million seed funding round, led by undisclosed investors.
ESG sukuk set to cross $50bn in 2025: Fitch Ratings
The global issuance of environmental, social, and governance sukuk is expected to surpass $50 billion outstanding in 2025, driven by Islamic finance markets in countries including Saudi Arabia, according to an analysis.
Saudi Arabia raises $990m in sukuk issuances for January
Saudi Arabia’s National Debt Management Center has completed its riyal-denominated sukuk issuance for January, raising SR3.72 billion ($990 million).
Amman Stock Exchange eyes market boost with bond trading, tax reforms, and state firm listings
Jordan’s financial market is set for transformation, with key changes, including introducing government bond trading on the Amman Stock Exchange, revisiting taxes, and listing state-owned companies.
Saudi EXIM Bank signs $15m deal with Pakistan’s Bank Alfalah to boost trade
The Saudi Export-Import Bank and Pakistan’s Bank Alfalah have inked a $15 million financing agreement, designed to enhance Kingdom’s exporters access to Pakistani markets and foster stronger trade and economic ties.
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