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Press Dossier   By Date  19/12/2024
Saudi tourism sector workforce grows 5.1%: GASTAT
Saudi Arabia’s tourism sector added jobs at a steady pace in the second quarter of 2024, with the workforce growing 5.1 percent year on year to 959,175, official data showed.
Saudi hotel sector sees 10% spending growth despite overall POS dip: SAMA
Spending in Saudi hotels saw a weekly rise of 10.4 percent between Dec. 8 and 14, reaching SR349.2 million ($92.9 million), according to official data.
Saudi Arabia, Turkiye explore construction sector partnerships in roundtable
Saudi Arabia and Turkiye explored investment opportunities and partnerships in the construction sector during a roundtable, focusing on enhancing supply chains and fostering collaboration between public and private sectors.
Middle East and Africa resilient as global M&A, venture deals volume falls 8.7%
Transactions in mergers and acquisitions, private equity, and venture financing fell during the first 11 months of the year, with the Middle East and Africa experiencing the smallest decline in deal activity.
Saudi Arabia’s ACWA Power launches $3bn renewable projects in Uzbekistan
Saudi utility giant ACWA Power launched three renewable projects in Uzbekistan, including wind, solar, and battery storage, marking a $3 billion investment in the country’s energy transition.
Saudi Arabia unveils enhanced e-guide to boost exports
The Kingdom’s businesses now have access to an enhanced support system through the newly launched electronic guide by the Saudi Export Development Authority.
Closing Bell: Saudi indices close in green
Saudi Arabia’s Tadawul All Share Index edged up on Wednesday, gaining 12.33 points, or 0.10 percent, to close at 11,961.05.
Saudi Arabia and Egypt ink supply chain deal to boost industrial ties
Saudi Arabia’s Falak Investment and Egypt-based Al-Tawakol For Steel Industries and Galvanization Co. have signed a supply chain cooperation agreement to strengthen the telecommunications infrastructure in the Kingdom.
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