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Press Dossier   By Date  05/05/2025
Saudi Arabia opens May round of Sah savings sukuk with 4.66% return
Saudi Arabia launched the May issuance of its Sah savings sukuk, offering retail investors a fixed return of 4.66 percent as the government continues to push savings participation.
Saudi fintech startup Nqoodlet secures $3m in seed funding
Saudi fintech firm Nqoodlet has announced the successful closure of a $3 million seed funding round aimed at accelerating its mission to streamline financial operations for small and medium-sized enterprises.
Closing Bell: Saudi main index slips to close at 11,411
Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 132.17 points, or 1.14 percent, to close at 11,411.50.
Saudi insurance firm Al-Etihad retains Moody’s A3 rating with stable outlook
Saudi-based Al-Etihad Cooperative Insurance Co. has retained its A3 financial strength rating from Moody’s, reflecting the firm’s strong market position and disciplined underwriting.
Jeddah unveils 29 real estate projects across industrial, residential, retail sectors
Jeddah Municipality has announced 29 new investment opportunities across more than 1.4 million sq. meters, targeting sectors such as commercial, industrial, residential, and recreation.
Qatar welcomes over 1.5m international visitors in Q1 2025
Qatar received more than 1.5 million international visitors in the first quarter of 2025, according to newly released figures, as the country continues to push forward with its comprehensive tourism strategy anchored in major events, strategic partnerships, and diverse travel offerings.
Oman inflation inches up by 0.56% in March
Oman’s inflation rate inched up by 0.56 percent in March, reflecting overall price stability despite notable movements in select consumer categories, official data showed.
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