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Press Dossier   By Date  20/11/2024
Saudi Arabia’s endowment investment funds set record with over $267m in net assets
Net assets of licensed endowment investment funds in Saudi Arabia reached a record SR1 billion ($266.67 million) in 2024, marking a 29.3 percent increase from the previous year.
Closing Bell: Saudi main index closes in green at 11,876
Saudi Arabia’s Tadawul All Share Index edged up on Tuesday, as it gained 45.53 points or 0.38 percent to close at 11,875.91.
Saudi-Djibouti committee holds 6th session in Riyadh to boost trade ties
Logistical, trade, and investment ties between Saudi Arabia and Djibouti are set to grow stronger following the sixth session of their joint committee, held in Riyadh on Nov. 18.
Saudi Arabia’s National Housing Co. launches 11 residential projects in Riyadh’s Khuzam area
Saudi Arabia’s National Housing Co. has launched 11 projects in Riyadh’s Khuzam area, offering over 10,000 units to meet growing demand for quality housing in the Kingdom.
Saudi Arabia’s Tabuk targets development with over $67m investment deals
Investment contracts worth SR252 million ($67.2 million) have been signed to boost Saudi Arabia’s Tabuk region, focusing on healthcare, logistics, housing, entertainment, and education to spur economic growth.
SPPC signs power purchase agreements for 9.2 GW projects
Saudi Power Procurement Co. has inked two 25-year power purchase agreements with a consortium comprising Abu Dhabi National Energy Co., or TAQA, Japan’s JERA Co., and the Kingdom’s Al Bawani Capital.
Saudi Arabia, China, Iran meet to advance Beijing Agreement
The second meeting of the Saudi-Chinese-Iranian Joint Tripartite Committee to follow up on the Beijing Agreement was held in Riyadh on Tuesday, the Saudi Press Agency reported.
MoU signed to establish Saudi-Brazilian Coordination Council in Rio de Janeiro
A memorandum of understanding to establish the Saudi-Brazilian Coordination Council was signed by the foreign ministers of both countries in Rio de Janeiro on Tuesday, Saudi Press Agency reported.
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