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Press Dossier   By Date  27/07/2024
Saudi airline flynas to buy 160 Airbus planes
Saudi low-cost airline flynas has signed a deal to purchase 160 Airbus aircraft, doubling the volume of its orders to 280 planes.
Closing Bell: Saudi main index ends the week in red
Saudi Arabia’s Tadawul All Share Index dipped on Thursday, losing 75 points, or 0.62 percent, to close at 12,026.21.
New contractors database announced to help deliver Saudi Vision 2030 projects
A database rating contractors in the Saudi construction industry is part of a new national strategy designed to help the Kingdom deliver its SR1.2 trillion ($319 billion) Vision 2030 projects.
Moody’s affirms Islamic Development Bank’s AAA rating
Moody’s Investor Services has affirmed its AAA credit rating with a stable outlook for the Islamic Development Bank, driven by the financial institution’s robust asset performance.
Saudi Arabia, Brazil eye stronger economic ties with joint projects
Following high-level meetings, trade relations between Saudi Arabia and Brazil have been lauded for their “remarkable development.”
Mada card transactions surge 28% to reach $4.32bn in May
E-commerce sales via Mada cards in Saudi Arabia surged by 28 percent annually to reach SR16.22 billion ($4.32 billion) in May.
UAE: Most affordable areas to rent in Abu Dhabi; rates start at Dh23,000
The residential rental market in Abu Dhabi is getting hotter this summer with a significant surge in prices across affordable and luxury apartments and villas recorded in the first six months of this year compared to the second half of 2023.
Dubai's GDP hits Dh115 billion in first quarter, grows 3.2% year on year
Dubai's economy has grown 3.2 per cent in the first quarter of the year compared to the same period last year — with the emirate's gross domestic product (GDP) reaching Dh115 billion.
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