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Press Dossier   By Date  08/07/2024
World economic growth resilient in June despite PMI dip: S&P Global
RIYADH: International economic growth showed resilience in June, maintaining the second-highest level observed in the past 13 months, according to S&P Global’s latest report based on the Purchasing Managers’ Index.
KSA tech sector surges with spike in AI and Cloud service registrations
RIYADH: The Saudi tech industry saw strong growth in the second quarter, with registrations for artificial intelligence technologies and cloud computing services rising by 53 percent and 43 percent, respectively.
Saudi main index rose to close at 11,688
RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 29.95 points, or 0.26 percent, to close at 11,688.61.
Oman’s non-oil sector drives GDP to $27bn in Q1 2024
A rise in Oman’s non-oil activities boosted the country’s gross domestic product by 0.8 percent year-on-year to 10.45 billion Omani rials ($27.15 billion) in the first quarter of 2024.
DEWA attracts projects worth AED 43.6 billion through IPWP model over 10 years
Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has emphasised that DEWA works in line with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai a global hub for the green economy.
Dubai’s entities collaborate for Dubai Economic Agenda goals
Dubai Customs welcomed a high-level delegation from Dubai Chambers, where they discussed ways to collaborate towards achieving the goals of the Dubai Economic Agenda.
Abu Dhabi to launch platform for petroleum companies
The Petroleum Products Trading Regulatory Committee in Abu Dhabi continues its efforts to enhance security and safety measures in the Emirate, ensuring that operators and stakeholders adhere to federal and local regulations and decisions.
Saudi-Canadian business council established amid economic revival following five-year suspension
Saudi Chambers of Commerce has announced the final formation of the Saudi-Canadian Business Council for its new term (1445-1449).
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