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Press Dossier   By Date  03/03/2025
Corporate lending pushes Saudi bank loans past $800bn for the first time
Saudi bank loans surpassed the SR3 trillion ($801.6 billion) mark for the first time in January, registering a 14.66 percent year-on-year increase.
Saudi Arabia launches March ‘Sah’ savings with 4.98% return
Saudi Arabia has launched the third round of its Sah savings product for 2025, offering a 4.98 percent return for March under the Ijarah sukuk structure.
Oman’s FDI jumps 17.6% over five years, reaching $69.3bn by Q3 2024
Oman’s foreign direct investment inflows rose by over 17.6 percent over the past five years, reaching 26.6 billion Omani rials ($69.3 billion) by the third quarter of 2024.
Abu Dhabi Customs sees record 72% pre-arrival clearance rate in 2024
Abu Dhabi Customs recorded a 72 percent pre-arrival clearance rate in 2024, marking a significant increase as the emirate accelerates digital transformation and streamlines trade operations.
Riyadh leads Saudi real estate surge with 18% rise in office rents
The real estate market in Riyadh is experiencing significant growth, with average rents for office spaces rising 18 percent year on year in the fourth quarter of 2024, according to an analysis.
Closing Bell: Saudi main index edges down 0.63% to close at 12,035
Saudi Arabia’s Tadawul All Share Index closed lower on Sunday, dropping 76.45 points, or 0.63 percent, to settle at 12,035.45.
Saudi, UAE drilling giants team up to accelerate international expansion
Saudi-based Arabian Drilling and the UAE-headquartered Shelf Drilling have entered three global tenders as part of their strategic alliance to expand international operations.
Funding surges as MENA startups gain momentum
Startups across the Middle East and North Africa region continue to attract significant investment, with fintech, cybersecurity and artificial intelligence-driven ventures leading the charge.
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