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Press Dossier   By Date  19/02/2025
Saudi non-oil growth to remain resilient despite global economic uncertainty, experts say
High interest rates, inflation concerns, and currency volatility are unlikely to disrupt Saudi Arabia’s non-oil economic growth, according to market experts citing resilience and structural reforms as key stabilizers.
Global economy to grow steadily in 2025 despite market shifts, say experts at Saudi forum
The world economy is set to maintain steady growth in 2025, buoyed by resilient fundamentals despite market volatility and structural shifts, according to Citigroup’s Global Chief Economist Nathan Sheets.
Capital Markets Forum 2025 to drive growth and innovation in global finance
Saudi Arabia is set to host the fifth edition of the Capital Markets Forum from Feb. 18 to 20 in Riyadh, uniting leading financial experts in the capital and highlighting the Kingdom’s position as a key economic hub.
Global cooperation and AI key to boosting productivity in developing economies, say AlUla panelists
Technology adoption, institutional capabilities, and entrepreneurship are crucial for driving productivity across developing economies, government and industry leaders insisted at the AlUla Conference for Emerging Market Economies.
Saudi Tadawul eyes strong growth amid rising listings and foreign investment
Saudi stock exchange operator Tadawul Group is poised to accelerate the growth of its fixed-income market in 2025, with a strong focus on sustainable finance, following a record year for the group.
Burgan reports solid financial results for fiscal year 2024
Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the fiscal year ended December 31, 2024 (FY’24).
Kuwait hosts GCC tax meeting to review tax policies
Kuwait hosted the 14th meeting of the Committee of Heads and Directors of Tax Departments in the Gulf Cooperation Council (GCC) countries on Tuesday, focusing on the latest developments in tax policies, particularly the application of selective tax and value-added tax (VAT) across the region. Discussions also explored strategies to enhance taxation frameworks in line with global best practices and further strengthen economic integration among member states.
Riyadh, Seoul strengthen defense ties with quality assurance deal
Saudi Arabia and South Korea have signed a government quality assurance agreement to strengthen defense cooperation and boost their military capabilities and long-term industrial development.
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