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Press Dossier   By Date  06/07/2024
Business registrations see 78% annual growth as Saudi private sector booms
RIYADH: More than 120,000 commercial registrations were issued by the Saudi Ministry of Commerce in the second quarter of 2024, marking a 78 percent year-on-year increase.
PIF’s SAMI inks 3 deals with Turkish defense firms
RIYADH: Saudi Arabian Military Industries inked three agreements with Turkish firms to localize defense businesses in the Kingdom’s aviation, space and technology fields.
ADIO drives key community projects
The Abu Dhabi Investment Office (ADIO) announced a series of key agreements under its Musataha programme at the third edition of the ongoing Al Multaqa meetings, held in the capital on July 3, 2024.
Indian developer enters into Dubai market, plans over Dhs2b investment
Zoya Developments, a prominent real estate developer from India, announced its expansion into the UAE market with investment of over Dhs2 billion allocated for the next 3 years.
DGR plays pivotal role in advancing Sharjah’s sustainable development
In the first half of 2024, the Department of Government Relations (DGR) of Sharjah embarked on a series of diplomatic missions that underscored its pivotal role in advancing Sharjah’s global influence and sustainable development agenda.
Adnoc signs $3bn green financing deal with Japanese bank
Abu Dhabi National Oil Company (Adnoc) has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a $3 billion green financing facility.
Exits Mena announces strategic JV to expand Saudi operations
Exits Mena, a premier fintech arrangement platform for startups and small and medium-sized enterprises (SMEs) in the region, has announce the establishment of a new strategic joint venture in Saudi Arabia.
Dubai hits ‘highest volume, value of realty transactions’ in Q2
Dubai recorded the highest volume and value of transactions ever in the second quarter (Q2), with the total number hitting 43,522, an increase by 45% compared to Q2 2023.
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