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Press Dossier   By Date  18/11/2024
Saudi Arabia’s non-oil economy to grow 4.4% in 2025: PwC
Saudi Arabia’s non-oil economy is expected to grow by 4.4 percent in 2025 as the Kingdom continues its path toward economic diversification, according to a new analysis.
Closing Bell: Saudi main index rises to close at 11,811
Saudi Arabia’s Tadawul All Share Index rose on Sunday, gaining 20.80 points, or 0.18 percent, to close at 11,811.98.
Saudi insurers expect financial boost from new reinsurance mechanism
Saudi insurance companies are expecting a positive impact on their financial performance from a new mechanism that directs reinsurance premiums to the local market.
Oman’s non-oil sector grows 4.2% in H1
Oman’s non-oil sector experienced a 4.2 percent growth year on year in the first half of 2024, driven by the country’s strategic focus on economic diversification as outlined in its 10th Five-Year Plan (2021-2025).
Commission strips Kuwaiti citizenship of 1,535 individuals
The Supreme Commission for Nationality on Thursday decided to revoke the citizenship of 1,535 Kuwaitis, an official statement said, hiking the number of those who have been stripped of their nationality to close to 3,000 in just the past two weeks.
Bahrain Airshow concludes with key deals, record aircraft displays
The Bahrain International Airshow 2024 concluded with a flurry of major business deals, including a contract between Bahrain’s Ministry of Transportation and Telecommunications and Leonardo to modernize the country’s air traffic radar and surveillance systems.
Egypt Kuwait Holding Company records $124 million in net income in 9 months
Egypt Kuwait Holding Company (EKH) announced on Sunday its consolidated financial results for the period ending September 30, 2024, prepared in accordance with Egyptian Accounting Standards for the first nine months of 2024.
Saudi Arabia, Tunisia sign deal to boost bilateral investments
Saudi Arabia and Tunisia have signed a memorandum of understanding to strengthen bilateral cooperation and promote direct investments between the two nations.
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