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Press Dossier   By Date  11/09/2024
Saudi Industrial Production Index rises 1.6% in July on manufacturing growth
Saudi Arabia’s Industrial Production Index rose 1.6 percent in July, compared to the same month last year, driven by a surge in manufacturing activity, official data showed.
Closing Bell: Saudi main index rises to close at 11,986
Saudi Arabia’s Tadawul All Share Index rose on Tuesday, gaining 23.7 points, or 0.2 percent, to close at 11,986.
Saudi Arabia to scale back debt issuance in H2: Fitch Ratings
Saudi Arabia plans to reduce its debt issuance in the second half of 2024, thanks to substantial dividend payments from Aramco that have alleviated the need for sovereign financing, according to Fitch Ratings.
Saudi Arabia to develop $3.3bn sports complex with UK tech partnership
Saudi Arabia is set to develop a $3.3 billion sports complex through a new partnership between Alpha Jossor Investments and Blockchain Sports Ecosystem, a UK-based tech company.
Standard Chartered starts custody services for digital assets in UAE
Standard Chartered said on Tuesday it had begun offering digital asset custody services in the UAE, with Brevan Howard Digital, the crypto and digital asset division of the British hedge fund, as an inaugural client.
Kuwait-India non-oil trade exceeded $2bn in 2022, says KCCI
The Kuwait Chamber of Commerce and Industry (KCCI) on Monday reiterated the depth of the historic economic relationship between Kuwait and India, adding that the volume of non-oil trade between the two countries exceeded $2 billion in 2022.
MoI, MoD defend house evictions
The interior and defense ministries defended on Monday the withdrawal of hundreds of houses leased to mostly stateless people known as bedoons, saying the action was in line with rules and regulations.
Trade promotion events reflect solid Kuwait-India ties
Embassy of India, Kuwait hosted a series of trade promotion events from Sept 8 to 10 reflecting the increasing cooperation in the field of food security between India and Kuwait.
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