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Press Dossier   By Date  23/11/2023
Mideast investment in global green tech up nearly 200%
RIYADH: Global climate technology investment from the Middle East surged almost 200 percent to $5 billion in the year to the end of September 2023, a newly released has report revealed.
GCC economy set to grow 3.7% in 2025
RIYADH: The Gulf Cooperation Council economy is estimated to grow by 3.6 percent in 2024 and 3.7 percent in 2025, according to the World Bank.
KSA closes November Sukuk issuance at $710m
RIYADH: Saudi Arabia’s National Debt Management Center has closed the November issuance of its riyal-denominated sukuk program, with a bid amount totaling SR2.66 billion ($710 million), representing a decline of 33.16 percent compared to October.
Japanese company signs MoU with Saudi Tourism Authority
DUBAI: HIS, a Tokyo-based travel company, has signed a memorandum of understanding with the Saudi Tourism Authority to boost tourism in the Kingdom.
Abu Dhabi Fund for Development-financed 3.5MW solar plant inaugurated in Somalia
RIYADH: Somalia’s renewable energy efforts are expected to get a push as a 3.5-megawatt solar plant financed by the Abu Dhabi Fund for Development has been inaugurated in the African nation.
Qatar’s economic growth stabilizes after FIFA World Cup boom
RIYADH: The economic growth of Qatar has normalized after the country’s strong fiscal performance in 2022, driven by the FIFA World Cup, according to the International Monetary Fund.
With launch of Google Cloud, Devoteam to digitally empower KSA businesses
evoteam, an IT consulting company, with its regional office based in Saudi Arabia, is gearing up to provide access to Google Cloud’s services and cutting-edge technology solutions to its clients in the Kingdom. This development follows the official launch of Google Cloud’s services in Saudi Arabia and the establishment of local Google Cloud data centers.
Cenomi Academy to train new generation of Saudi retail experts
Cenomi Retail has announced the launch of Cenomi Academy to support the new generation of retail sector experts in the Kingdom. The academy, having a capacity of more than 1,000 trainees, will enroll qualified young people in entry-level employment training programs, aiming to contribute to strengthening the retail sector by transferring international expertise to the local market.
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