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Press Dossier   By Date  04/03/2025
Saudi banks’ aggregate profit reaches $2.2bn: SAMA
Saudi banks posted strong financial results in January, with aggregate profits rising 16 percent year on year to SR8.14 billion ($2.17 billion), according to newly released data.
Saudi Arabia leads GCC fixed income markets to hit $147.9bn in primary issuances: Markaz
Primary debt issuances of bonds and sukuk across the Gulf Cooperation Council region rose 55.1 percent in 2024 to $147.9 billion, according to an analysis.
Saudi seaports add BIGEX3, BIGEX4 services, boosting trade, connectivity
French maritime company CMA CGM has added new BIGEX3 and BIGEX4 services at two Saudi ports, enhancing connectivity and boosting the Kingdom’s global trade and competitiveness.
Closing Bell: Saudi indices close in green
Saudi Arabia’s Tadawul All Share Index increased on Monday, gaining 88.36 points, or 0.73 percent, to close at 12,123.81.
Saudi Public Investment Fund partners with Goldman Sachs Asset Management
The Public Investment Fund and Goldman Sachs Asset Management signed a non-binding memorandum of understanding in Riyadh on Monday. The agreement designates the PIF as an anchor investor for new private and public funds in Saudi Arabia and other GCC countries.
Zain Group’s full year 2024 revenue reaches 15-year high of $6.4 billion
Zain Group, a leading provider of innovative ICT technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, serving 49 million customers, announced its consolidated financial results for the full-year 2024 (FY-24), and fourth-quarter (Q4-24) ended December 31, 2024.
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