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Press Dossier   By Date  24/08/2024
UAE and China drive Saudi Arabia’s non-oil exports in Q2: GASTAT
Saudi Arabia’s non-oil exports surged by 10.5 percent year-on-year in the second quarter of 2024, led by outgoing shipments to the UAE and China, official data showed.
Saudi education sector sees 86% annual rise in investment licenses
Investment licenses for Saudi Arabia’s education sector saw an annual increase of 86 percent in the second quarter of 2024, in a sign of the industry’s growing attraction to businesses.
Dubai firms invest $1.4bn in China between 2015-2023: top official
Dubai-based Emirati companies invested $1.4 billion in China between 2015 and 2023, reflecting a strengthening trade and economic relationship, according to a senior official.
Jubail’s Najim cogeneration plant achieves financial closure
Financial closure has been secured for an upcoming industrial steam and electricity cogeneration plant in Jubail, with Najim Cogeneration Co. finalizing the funding for development.
Saudi NDF appoints Northern Trust to manage $16bn in assets
Saudi Arabia’s National Development Fund has appointed Northern Trust to manage over SR60 billion ($16 billion) in assets, advancing its goal to become a global finance leader.
Saudi opens largest logistics investment in Jeddah Port
Saudi Arabia inaugurated on Wednesday the largest logistics investment by global shipping company Maersk in Jeddah Islamic Port with a total investment value of 1.3 billion riyals (about $345 million) in the presence of a number of leaders of the logistics and maritime sector in the Kingdom.
NBK unveils payment verification service on its Mobile Banking App
In keeping with its constant dedication to providing cutting-edge services to its customers, National Bank of Kuwait (NBK) announced introducing a new service that allows customers to confirm payment transactions online through the NBK Mobile Banking App, making itself as the first provider of this service in Kuwait.
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