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Press Dossier   By Date  26/03/2025
Saudi PIF ranks 2nd globally for sovereign investor activity in Feb. with $3bn in deals
Saudi Arabia’s Public Investment Fund ranked as the world’s second most active sovereign investor by deal value in February, committing $3 billion in global transactions.
Thai firms eyeing investment in Saudi Arabia’s Qassim region, ambassador reveals
Several Thai companies plan to invest in Saudi Arabia’s Qassim region, recognizing it as an attractive business hub, according to the country’s ambassador to the Kingdom.
Saudi Arabia launches incentives package to attract FDI in mining sector
Saudi Arabia has launched a new incentive package to attract foreign direct investments into the nation’s mining sector as the Kingdom steadily continues its economic diversification efforts.
5G advanced in Saudi Arabia with launch of first live Cloud RAN site
The Saudi telecom sector is set to advance with the launch of its first live Cloud Radio Access Network site, marking a significant step in the Kingdom’s 5G innovation.
Closing Bell: Saudi main index closes in red at 11,706
Saudi Arabia’s Tadawul All Share Index slipped on Tuesday, as it shed 71.87 points, or 0.61 percen,t to close at 11,706.21.
Amlak posts Dh52 million net group profit after income tax for FY24
Amlak Finance on Tuesday reported a net profit of Dh52 million for the year ended 31 December 2024 as compared to a net profit of Dh259 million for the year ended 31 December 2023.
Education, Awqaf ministers discuss joint cooperation
Minister of Education Jalal Al-Tabtabaei and Minister of Awqaf and Islamic Affairs Dr Mohammad Al-Wasmi met on Tuesday to explore avenues of collaboration between their ministries and address issues of mutual interest.
Kuwait’s inflation steady at 2.49% in Feb., driven by food and services prices
Kuwait’s inflation rate remained steady at 2.49 percent in February, with a year-on-year upsurge in services and food prices, according to the latest data from the Central Statistical Bureau.
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