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Press Dossier   By Date  01/01/2025
Saudi Arabia’s unemployment rate hits 3.7%: GASTAT
Saudi Arabia’s unemployment rate dropped to 3.7 percent in the third quarter of 2024, down 0.5 percentage points from last year, official data showed.
ACWA Power secures $703m for Egyptian wind power plant
Saudi utility giant ACWA Power has secured SR2.63 billion ($703 million) in financing to develop, operate, and maintain a 1,100-megawatt wind power plant in Egypt’s Suez governorate.
Closing Bell: Saudi main index closes in green at 12,037, trading turnover at $1.53bn
Saudi Arabia’s Tadawul All Share Index continued its upward movement for the third consecutive day on Tuesday, as it gained 35.58 points, or 0.30 percent, to close at 12,036.50.
People who falsely obtained citizenship must repay benefits
People who had their Kuwaiti citizenship revoked because of obtaining it through fraud and false statements and documents are required to repay all benefits they had enjoyed while holding the citizenship, according to new amendments to the 1959 nationality law.
KISR, Coast Guard sign MoU to protect marine environment
The Kuwait Institute for Scientific Research (KISR) and the General Directorate of the Coast Guard signed a Memorandum of Understanding (MoU) on Monday, to strengthen cooperation in marine environmental protection and combat pollution.
UAE economy grows 3.6% in H1, led by transportation, construction and ICT sectors
The UAE economy grew 3.6 per cent during the first half of 2024 as the country’s total GDP reached Dh879.6 billion, led by non-oil sectors such as transportation, construction, and ICT sectors.
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