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Press Dossier   By Date  20/02/2025
Saudi Arabia raises $818m in February sukuk sale
Saudi Arabia raised SR3.07 billion ($818 million) through its February sukuk issuance as the Kingdom continues to tap debt markets to support economic diversification efforts.
Saudi ACWA Power expands portfolio with $693m acquisitions in Bahrain, Kuwait
Saudi utility giant ACWA Power has strengthened its portfolio by acquiring a $693 million stake in power generation and water desalination companies in Bahrain and Kuwait.
Closing Bell: Saudi main index closes in red at 12,317
Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 16.08 points, or 0.13 percent, to close at 12,317.59.
Saudi Arabia shortlists 30 firms for 22 quarry licenses in Eastern Province, Tabuk
Saudi Arabia has shortlisted 30 companies for 22 mining licenses to extract sand and gravel in the Eastern Province and Tabuk, advancing its mining sector expansion and economic diversification.
Saudi Arabia’s NDMC eyes green bond issuances in 2025
Saudi Arabia’s National Debt Management Center is considering issuing green bonds in international markets after finalizing its green framework in 2024, a senior official said.
Saudi Arabia’s Al-Ahsa records 500% growth in local, international tourists in 2024
Saudi Arabia’s Al-Ahsa region saw a 500 percent surge in tourists, surpassing 3.2 million in 2024 compared to 2019, the Kingdom’s tourism minister said.
Qatar commits to investing $10bn in India
Qatar has committed to investing $10 billion in India across various sectors, the two nations said in a joint statement on Tuesday, after Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani visited New Delhi.
Saudi Exchange targets Indonesian firms with Jakarta Futures MoU
Saudi Arabia’s stock market is set to attract Indonesian firms following a new memorandum of understanding with the Jakarta Futures Exchange.
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