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Press Dossier   By Date  22/10/2024
Saudi Arabia’s Capital Market Authority invites feedback on new funds regulations
Saudi Arabia’s Capital Market Authority is inviting feedback on proposed amendments to the Investment Funds Regulations, encouraging stakeholders, market participants, and the public to share their insights. The consultation period will run for 15 calendar days, concluding on Nov. 5.
Closing Bell: Saudi markets close in green at 12,008
Saudi Arabia’s Tadawul All Share Index rose by 1.06 percent, or 125.38 points, to reach 12,008.31 points on Monday.
Al-Baha to build $2bn medical facility thanks to deal signed at Global Health Exhibition
Saudi Arabia’s Al-Baha region is set to develop a medical facility worth over SR7 billion ($2 billion), reinforcing the Kingdom’s commitment to advancing health care infrastructure.
Dammam leads Saudi cities with major gains in Kearney’s global index
The Saudi city of Dammam has emerged as a standout performer in Kearney’s 2024 Global Cities Index, achieving a 19-rank increase in the “Business Activity” dimension.
GCC banks capable of handling potential funding outflows: S&P Global
Gulf Cooperation Council banks are well equipped to manage potential funding outflows in the event of ongoing regional conflicts thanks to strong liquid assets, an analysis has found.
Qatar’s CPI up 0.82% annually in September
Qatar’s consumer price index for September reached 107.82 points, up 0.82 percent year on year, driven by a rise in recreation and culture group costs, new figures revealed.
21,190 visa violators deported
The interior ministry said on Monday that detectives of the residency affairs department have arrested 21,190 illegal expats since the start of this year, and all of them have been deported.
Gulf Bank collaborates with ktech to empower youth, enhance job skills
In its ongoing efforts to empower youth, Gulf Bank has signed a partnership agreement with Kuwait Technical College (ktech) to train and prepare college students for the job market.
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