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Press Dossier   By Date  26/05/2024
From tennis to paper, PIF pushes ahead with its diverse investments strategy in 2024
Tennis, tech and paper production are just some of the areas Saudi Arabia’s Public Investment Fund has reached into so far in 2024, as the body continues to drive forward the Kingdom’s economic diversification agenda.
Saudi Arabia’s open banking strategy a game-changer
Saudi Arabia’s embracing of open banking has transformed the region’s financial ecosystem, according to a top fintech CEO.
Moody’s affirms Kingdom’s A1 credit rating with positive outlook
Moody’s, the global credit rating agency, has affirmed Saudi Arabia’s credit rating at ‘A1’ with positive outlook, reported the Saudi Press Agency on Saturday.
Saudi authorities arrest 17,030 illegals in one week
Saudi authorities arrested 17,030 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
Public works begins offering digital services
The Ministry of Public Works announced Saturday that it launched its first service to be offered through the “Sahel” app. Citizens can now submit an application through the app for the delivery of treated water to agricultural lands they own in both Wafra and Abdali.
Kuwait and China discuss commercial cooperation
Kuwait Minister of Commerce and Industry and Minister of State for Communication Affairs Omar Al-Omar discussed with the vice chairman of the Chinese National Development and Reform Commission (NDRC) the prospects of promoting commercial cooperation.
KSrelief chief and WHO’s Tedros meet in Geneva, sign agreements worth $20m
The chief of the King Salman Humanitarian Aid and Relief Center (KSrelief) Dr. Abdullah bin Abdulaziz Al-Rabeeah met with Director General of the World Health Organization (WHO) Dr. Tedros Adhanom Ghebreyesus on Saturday in Geneva.
King Saud University signs academic agreement with University of Tokyo
King Saud University and the University of Tokyo have signed a memorandum of understanding to strengthen academic collaboration in physics, chemistry and Earth sciences.
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