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Press Dossier   By Date  10/11/2024
Saudi Arabia’s industrial production holds steady in September: GASTAT
Saudi Arabia’s industrial production held steady in September, showing a slight year-on-year decrease of 0.3 percent due to a modest decline in manufacturing output, official data showed.
Closing Bell: GCC stock markets up in wake of Trump’s election win
Following Donald Trump’s victory in the US presidential election, stock markets across the Gulf Cooperation Council saw a strong rally.
ACWA Power reports 16% profit increase amid record project launches
ACWA Power, the Saudi-listed energy and water desalination company, has announced a 16 percent increase in its profits for the first nine months of 2024, underpinned by significant progress in its power and water production projects.
UAE banking sector’s net international reserves grow 11% by July 2024
The UAE’s banking sector saw a significant increase in its net international reserves, which rose by 11.1 percent— or 127.5 billion dirhams ($34.3 billion) — during the first seven months of 2024.
Saudi Arabia arrests 20,778 illegals in one week
Saudi authorities arrested 20,778 people in one week for breaching residency, work and border security regulations, the Saudi Press Agency reported on Saturday.
Biban 24 concludes with $9bn in deals, boosting Saudi Arabia’s SME sector
Agreements exceeding SR35.4 billion ($9.42 billion) were signed at Biban 24 in Riyadh, an event organized by the General Authority for Small and Medium Enterprises
6 decades of UAE, Kuwait partnership, shared vision
The bilateral relations between Kuwait and the UAE continue to develop rapidly in all fields under the wise leadership of His Highness the Amir of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah and the President of the UAE Sheikh Mohamed bin Zayed Al-Nahyan.
Fumio Iwai honors Dr. Khaled Al-Ghefaili for promoting ties between Japan and Saudi Arabia
Japan’s Ambassador to Saudi Arabia Fumio Iwai hosted a reception at his residence to celebrate the Commendation of Foreign Minister of Japan in honor of Dr. Khaled Al-Ghefaili, Executive Director of Higher Institute for Plastics Fabrication (HIPF) for his contribution to promotion of economic relations between Japan and the Kingdom of Saudi Arabia.
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