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Press Dossier   By Date  26/06/2024
PIF subsidiary SGP and SANY seal $1.87bn deal to supply electric trucks to Dammam port
An agreement worth SR7 billion ($1.87 billion) was struck between Saudi Global Ports and a Chinese company to advance green operational capacities at the Kingdom’s ports.
Bahrain’s NBB hires Goldman Sachs to explore merger worth $2.43bn
Bahrain’s national bank appointed Goldman Sachs as a financial adviser for its negotiation with top banking institutions regarding a potential merger deal between the two, a disclosure showed.
Saudi Arabia raises $1.17bn from June sukuk issuance
Saudi Arabia has completed its riyal-denominated sukuk issuance for June at SR4.4 billion ($1.17 billion), according to the National Debt Management Center.
Closing Bell: Saudi main index rises to close at 11,730.77
Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 33.73 points, or 0.29 percent, to close at 11,730.77.
Dubai luxury developer eyes Dh100-billion portfolio in 5 years
Dubai’s luxury real estate leader Omniyat on Tuesday said it aims to increase its portfolio over the next five years, by more than double, to over Dh100 billion. It will also float new companies across different verticals.
Nearly half of UAE employers say expats flocking to country without job in hand
Nearly half – 49 per cent – of UAE employers say that many expatriates flocking to the UAE are immigrating without a job in hand, according to a new study released by recruitment firm Robert Half on Tuesday.
Saudi authorities raid illegal cosmetics factory in Qatif
A facility in Qatif is being prosecuted for the manufacture and marketing of cosmetics without proper licensing. It was also found to be storing regulated products at an unauthorized location.
Kingdom signs deal to use Saudi technology in tree planting in Brazil
The Kingdom and Brazil have signed a partnership agreement to use smart Saudi digital technology in tree planting in the Brazilian city of Jatai, the Saudi Press Agency reported on Tuesday.
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