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Press Dossier   By Date  19/11/2024
Saudi Arabia’s refined crude exports hit 23-month high at 1.54m bpd
Saudi Arabia’s refinery crude exports surged 23 percent in September compared to the previous month, to reach 1.54 million barrels per day – the highest level for almost two years.
Arab stock markets up 2.14% in Q3, surpassing $4.3tn in market capitalization
Arab stock markets saw a 2.14 percent growth in the third quarter of 2024, driven by strong performances in Beirut, Egypt, and Damascus, according to the Arab Monetary Fund’s composite index.
Saudi commercial records surge 68% in 20 months
Saudi Arabia has seen a remarkable 68 percent growth in commercial records over the 20 months since the implementation of its New Companies Law, according to a recent government report.
More than 70 Saudi firms travel to Poland, Slovakia to boost trade ties
Representatives from 72 Saudi firms are part of a group visiting Poland and Slovakia in a bid to increase trade with the European countries.
Dubai’s annual inflation rate slows to hit lowest level in 14 months
Dubai’s annual inflation rate slowed again in October, reaching its lowest level in 14 months, official figures showed.
Closing Bell: Saudi benchmark index edges up to close at 11,830
Saudi Arabia’s Tadawul All Share Index rose by 0.16 percent or 18.40 points to reach 11,830.38 points on Monday.
Misk City, Samsung Saudi Arabia to collaborate in smart city technology
Mohammed bin Salman Nonprofit City, which is also known as Misk City, on Monday signed a memorandum of understanding with the tech giant Samsung Electronics to cooperate in the sectors of smart city technology, sustainability, and youth empowerment.
Alfanar Projects, SEC sign $5.33bn deals to support Saudi energy modernization
Energy deals worth SR20 billion ($5.33 billion) have been signed between Alfanar Projects and Saudi Electricity Co. to advance the Kingdom’s power modernization and sustainability efforts.
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