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Press Dossier   By Date  20/11/2023
Deals worth $1.5bn likely to be signed at Egyptian-Saudi business forum
Investments between Saudi Arabia and Egypt are set to flourish as multiple agreements worth $1.5 billion are expected to be signed during the Egyptian-Saudi Business Forum.
Closing Bell: Saudi main index picks up 55 points to close at 11,137
Saudi Arabia’s Tadawul All Share Index gained 55.06 points, or 0.50 percent, on Sunday to close at 11,137.03.
Saudi Aramco discovers two new natural gas fields in Kingdom
Saudi Energy Minister Prince Abdulaziz bin Salman on Sunday announced the discovery of two new gas fields in the Eastern Province and the Empty Quarter respectively.
​​Tadawul Q3 earnings indicate strong growth in non-oil sectors
Tadawul All Share Index earnings data for the third quarter of 2023 revealed profit growth in non-oil sectors when compared to the corresponding period last year, according to data compiled by Arab News.
Qatar Financial Markets Authority unveils new controls for dividend distribution
Controls to regulate dividend distributions in the Qatari capital market were issued to boost activity in the financial sector and increase liquidity volume.
Oman’s special economic zones secure investments worth $43bn in 6 months
Oman’s special economic zones and industrial cities have seen a surge in investments, reaching $43.16 billion in the first six months.
Saudi Fund for Development inks MoUs with Haiti and Jamaica
Saudi Arabia has strengthened its partnership with Caribbean nations, as the Kingdom extended its support to the development of Haiti and Jamaica.
Kuwait’s non-oil growth remains solid, consumer activity buoyant
Kuwait economic conditions are expected to remain positive over the forecast period, with consumer activity constructive, government fiscal policy expansionary amid elevated oil prices and inflation easing.
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