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Press Dossier   By Date  01/06/2024
Innovation, entrepreneurship lead Saudi Arabia’s Q1 2024 investment deals
Innovation and entrepreneurship attracted diverse funding partners to Saudi Arabia resulting in the finalization of over 53 percent of investment deals in the first quarter of 2024, official data showed.
Saudi Manpower Solutions Co. eyes expansion following its public listing
Various sectors across different parts of Saudi Arabia will soon have greater and easy access to manpower as the country’s first service provider eyes expansion with its initial public offering.
Riyadh residential market sales surge 77%: CBRE report
Saudi Arabia’s residential market experienced robust growth in demand, with Riyadh witnessing a 77 percent year-on-year increase in sales transactions in the first quarter, a new report showed.
Saudi banks’ risk profiles stronger than GCC counterparts: Fitch
Saudi banks exceed their Gulf Cooperation Council counterparts in terms of risk profiles underpinning their asset quality, according to Fitch Ratings.
Closing Bell: TASI dips to close at 11,503 points
Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 193.02 points, or 1.65 percent to close at 11,503.49
Saudi Arabia issues new sukuk worth $17.09 billion
Saudi Arabia has issued new sukuk worth SR64.1 billion ($17.09 billion) after it completed an early purchase of more than SR63.1 billion of outstanding debt.
Saudi Shoura Council calls on GACA to establish low-cost airports around Riyadh
Saudi Arabia will soon assess the feasibility of establishing low-cost airports around Riyadh following a call from the Kingdom’s Shoura Council.
Saudi Arabia and Qatar sign tax rules agreement
Saudi Arabia’s minister of finance, Mohammed Al-Jadaan, and his Qatari counterpart, Ali Al-Kuwari, signed an agreement on Thursday designed to avoid the possibility of double taxation and prevent tax evasion.
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