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Press Dossier   By Date  29/08/2024
Saudi Vision 2030 boosts industrial facilities by 60%
Bolstered by Vision 2030, Saudi Arabia’s industrial sector has witnessed a 60 percent growth in facilities since the launch of the national vision.
Kingdom’s point-of-sale transactions drop to $3bn amid declines in key sectors
Saudi Arabia’s point-of-sale transactions dipped to SR11.6 billion ($3.09 billion) between Aug. 18 and 24, reflecting a 14.1 percent decrease from the previous week, official data showed.
Qatar’s trade balance up 2.5% to reach $5.52bn
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.
Over 200 Emirati women hold key positions at Emirates Group
The Emirates Group celebrated the contributions of Emirati women, and the vital work they do to advance excellence across aviation and travel in the UAE
Apex Engineering Industries to set up Dhs90m plant in KEZAD
Khalifa Economic Zones Abu Dhabi (KEZAD Group), the largest operator of integrated and purpose-built economic zones, and UAE-based Apex Engineering Industries have announced the signing of a 50-year land lease agreement for the establishment of a state-of-the-art facility in KEZAD Area A — Al Ma’mourah.
Dragon Oil boosts partnership with Turkmenistan in oil and gas sector
Saeed Mohammed Al Tayer, Chairman of the Board of Directors of Dragon Oil, wholly owned by the Government of Dubai, expressed his gratitude to the President of the Republic of Turkmenistan, Serdar Berdimuhamedov, for the warm reception, hospitality, and continuous support for the company.
NMDC wins approval for IPO of Energy unit
NMDC Group has received approval from the Securities and Commodities Authority and the Abu Dhabi Securities Exchange (ADX) to proceed with an Initial Public Offering (IPO) of a portion of its NMDC Energy shares.
Hodler and Gewan to set up $500m DEI fund
Hodler Investments has announced its plans to set up a $500 million Digital Energy Infrastructure (DEI) Fund along with Gewan Holdings to be established as a closed-ended exempt fund, subject to compliance and regulatory approvals.
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