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Press Dossier   By Date  15/09/2024
Saudi Arabia’s inflation rate hits 1.6% in August: GASTAT
Saudi Arabia’s annual inflation rate reached 1.6 percent in August compared to the same month last year, driven by higher housing costs, official data showed.
Standard & Poor’s affirms Kingdom’s ‘A/A-1’ credit rating, outlook revised to ‘Positive’
Standard & Poor’s (S&P) affirmed the Kingdom’s credit rating in local and foreign currency at “A/A-1” with an improvement in outlook from “stable” to “positive,” according to its recently issued report.
Saudi Arabia’s bold recycling plan will see it become a world-leader, experts believe
In an era marked by growing environmental concerns and the pursuit of sustainable development, recycling has emerged as a crucial driver of economic prosperity for countries worldwide.
Startup of the Week – US-based SambaNova sets sights on Saudi market
Saudi Arabia’s potential as a global leader in artificial intelligence is drawing attention from major industry players, with SambaNova Systems being one of the latest to invest in the region.
EEC’s capital optimization plan to shore up financial position and sustain growth: CEO
Saudi master developer Emaar The Economic City’s SR8.7 billion ($2.32 billion) capital optimization plan is a “strategic response” to its current financial challenges, according to its CEO.
Startup Wrap – MENA funding drops in August; recovery signs emerge in September
The startup ecosystem across the Middle East and North Africa experienced a substantial decline in investment in August, with total funding reaching $83 million across 30 rounds.
Saudi Arabia arrests 22,373 illegals in one week
Saudi authorities arrested 22,373 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
ICCR, GUST ink MoU to establish Hindi language Chair
Indian Council for Cultural Relations (ICCR) has signed a memorandum of understanding (MoU) with Gulf University for Science and Technology (GUST), Kuwait on Thursday to establish ICCR’s Chair of Indian Studies at GUST to teach the Hindi language.
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