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Press Dossier   By Date  01/09/2024
Riyadh Air teams up with noon payments to enhance digital transactions
Passengers on Riyadh Air will benefit from a more seamless digital transaction experience as the soon-to-be-operational Saudi carrier has partnered with noon payments.
Saudi Arabia, Poland set up business council to strengthen economic ties
Saudi Arabia and Poland have established a joint business council for the 2024-2028 term to boost trade and investment between the two countries.
Closing Bell: Saudi main index closes in green at 12,145
Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 28 points, or 0.23 percent, to close at 12,145.15.
Saudi Arabia’s Madinah region sees 8.6% jump in commercial registrations, reaching 61k in Q2
The Madinah region saw a significant rise in economic activity, with active commercial registrations reaching 61,833 by the end of the second quarter of 2024.
Saudi Arabia’s listed companies record $39.1bn in net profit, up 2.6% y-o-y
Listed companies in Saudi Arabia saw a modest increase in net profit by 2.6 percent year on year, reaching $39.1 billion in the second quarter of 2024, according to a report.
Saudi Arabia’s real estate transactions surge 38% in H1, reaching $34bn: Knight Frank
Saudi Arabia witnessed a 38 percent rise in real estate transactions during the first half of the year, reaching 106,700 deals with a total value of around SR127.3 billion ($33.9 billion), according to Knight Frank.
Qatar’s foreign merchandise trade balance hits $5.52bn, up 2.5% year-on-year
Qatar’s foreign merchandise trade balance recorded a surplus of 20.1 billion Qatari riyals ($5.52 billion) in July, up 2.5 percent year-on-year, according to new figures.
Reforms to Saudi legal sector set to attract foreign law firms to the Kingdom
Saudi Arabia is on the brink of a transformative policy shift that would permit licensed foreign law firms to establish companies fully owned by non-Saudis.
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