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Press Dossier   By Date  04/06/2024
Saudi Arabia’s non-oil private sector growth steady in May with PMI at 56.4
Saudi Arabia’s private sector non-oil growth remained steady in May, with the Kingdom’s Purchasing Managers’ Index reaching 56.4, a slight decline from 57 in April, official data showed.
Saudi wealth fund set to issue sterling-denominated bonds
Saudi Arabia’s Public Investment Fund has initiated plans to issue sterling-denominated bonds, according to Arab News sources.
Middle Eastern airlines set for $3.8bn profit surge in 2024: IATA
Middle Eastern airlines are set to see profits in 2024 surge 22.5 percent from previous estimates to reach $3.8 billion, according to the latest forecast by the International Air Transport Association.
Saudi benchmark index crosses $2bn in trade volume, closes in green
Saudi Arabia’s Tadawul All Share Index closed in green on Monday, gaining 183.15 points, or 1.58 percent, to close at 11,808.25.
Foreign ministers chair Saudi-Kuwaiti Coordination Council meeting
The foreign ministers of Saudi Arabia and Kuwait chaired the second Saudi-Kuwaiti Coordination Council meeting on Monday, Saudi Press Agency reported.
Kuwait’s First Deputy PM lauds security cooperation with Egypt
The First Deputy Prime Minister and Minister of Defense and Interior, Sheikh Fahad Al-Yousef Saud Al-Sabah, commended on Sunday the security collaboration between Egypt and Kuwait’s Ministries of Interior.
KFAED, Pakistan ink KD 7.5 million loan funding dam deal
The Kuwait Fund for Arab Economic Development (KFAED) and Pakistan on Monday signed a KD 7.5 million ($24.4 million) loan agreement to fund the Mohmand Hydropower Dam project.
Saudi Arabia, Brazil sign defense agreement
Saudi Arabia and Brazil signed on Monday in Riyadh a cooperation agreement in the defense field.
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