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Press Dossier   By Date  24/06/2024
Saudi Arabia’s trade surplus hits yearly high of $11bn in April amid surge in non-oil exports
Saudi Arabia’s trade balance surplus hit a year-high of SR41.4 billion ($11.04 billion) in April, a 36 percent increase from the previous month, fueled by a surge in non-oil exports.
Saudi Arabia’s FDI soars to $65bn post-pandemic, among top in West Asia: report
Saudi Arabia attracted $65.1 billion in foreign direct investment in the three years post-pandemic until 2023, placing it among West Asia’s top recipients, according to new data.
Closing Bell: Saudi main index rose to close at 11,729
Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 231.04 points, or 2.01 percent, to close at 11,729.97.
Oman’s capital market draws 135 nationalities; foreign investments up 19%: MSX data
Oman’s capital market has attracted investors from 135 nationalities, up from 67 in 2023, supported by favorable policies including low tax rates and flexible capital transfer options.
MAWANI and REVIVA establish recycling and industrial waste complex at Jeddah Islamic Port
The Saudi Ports Authority, MAWANI, signed on Sunday a SR30million ($8 million) contract with the Global Environmental Management Services Ltd., or Reviva, to establish a complex for recycling marine and industrial waste at Jeddah Islamic Port.
Central banks diverge on monetary policy amid diverse economic data
The US Consumer Price Index was unchanged in May 2024 on a seasonally adjusted basis after rising 0.3 percent in April.
The art of value investing: How to identify undervalued assets
Value investing involves selecting stocks listed in the public markets trading at a price below their fair or intrinsic value.
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