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Press Dossier   By Date  11/07/2024
Private-public partnerships driving investment in Saudi Arabia’s booming real estate market
RIYADH: Private-public partnerships have become a cornerstone for attracting substantial investment to Saudi Arabia’s real estate market over the past five years, an expert has told an industry forum.
Saudi POS spending hits $3.5bn; hotel sector sees greatest increase
RIYADH: Saudi Arabia’s point-of-sale spending increased by 7.7 percent to reach SR13.2 billion ($3.51 billion) from June 30 to July 6, with the greatest rise coming in hotel payments, according to official data.
Saudi Arabia’s Industrial Production Index up 0.9%
RIYADH: Manufacturing of chemicals and food items helped drive Saudi Arabia’s Industrial Production Index up 0.9 percent in May compared to the previous month, official data showed.
NEOM renews partnership with Asian Football Confederation to 2029
RIYADH: Collaboration between Saudi Arabia’s $500 billion giga-project NEOM and the Asian Football Confederation will run until 2029 after a partnership deal between the two was renewed.
UAE is building a competitive intellectual property system
Abdulla Bin Touq Al Marri, Minister of Economy, led the UAE delegation participating in the 65th session of the Assemblies of the World Intellectual Property Organization (WIPO) member states, which began at the Organization’s headquarters in Geneva, Switzerland, and runs until July 17.
MoEI’s programme to ensure highest level of sustainability
The Ministry of Energy and Infrastructure (MoEI) has launched the National Green Certificates Programme, which aims to promote environmentally friendly building practices in line with the objectives of the National Demand-side Management Programme and the National Green Building Regulation.
Saudi SBF approves designs for world's tallest sports tower
His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Board of Directors of Sports Boulevard Foundation, has approved the designs of the Global Sports Tower designs, a prominent landmark within the Sports Boulevard project on Prince Mohammed bin Salman bin Abdulaziz Road.
Diriyah awards $2bn construction contracts for mixed-use district
Diriyah Company has awarded contracts worth more than SAR7.8 billion ($2 billion) for the development of a mixed-use district in the ancient Saudi city.
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