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Press Dossier   By Date  07/12/2023
Crown prince affirms government’s commitment to enhance economic growth
Saudi Arabia’s Crown Prince Mohammed bin Salman affirmed the government’s commitment to enhance economic growth through the expansion of government spending as reflected in budget 2024 on Wednesday, the Saudi Press Agency reported.
New UAE law change allows surrogacy: What you need to know
In a recent amendment in law, the UAE now allows people to opt for childbirth through surrogacy, something that was previously not an option in the country.
Saudi budget 2024: GDP to grow at 4.4% with revenues estimated at $312.5bn
Saudi Arabia on Wednesday approved the state budget for 2024 with revenues projected at SR1.17 trillion ($312.48 billion) and expenditure at SR1.25 trillion, leading to a deficit of SR79 billion.
Saudi Arabia, IAEA discuss cooperation on development of nuclear energy
The International Atomic Energy Agency, the global overseer of the nuclear industry, says it is collaborating with Saudi Arabia to assist the Kingdom in developing its nuclear power production sector.
Closing Bell: Saudi main index rose to close at 11,174
Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 30.19 points, or 0.27 percent, to close at 11,174.02
CBUAE and Bank Indonesia ink deal to expand joint cooperation
The central banks of the UAE and Indonesia have inked a comprehensive deal which will intensify collaboration across key areas such as monetary and macro-prudential policy, financial stability, and payment systems.
UAE’s Masdar to develop 1GW wind project in Jordan
Jordan’s clean energy mix is set to grow after Abu Dhabi Future Energy Co., also known as Masdar, signed an agreement with the country’s Ministry of Energy to develop a 1 gigawatt wind project.
Saudi private sector employment reaches 10.8m
Saudi Arabia’s total number of employees in the private sector reached 10.8 million in November, up 0.93 percent from the previous month, according to newly released figures.
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