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Press Dossier   By Date  02/06/2025
New center positions Saudi Arabia for advanced manufacturing leadership
The global industrial sector is witnessing a radical transformation toward adopting Fourth Industrial Revolution technologies, prompting countries to reconsider traditional manufacturing methods and adopt smart solutions that include automation, artificial intelligence, robotics, and data-driven systems to improve production efficiency and reduce operational costs.
Saudi GO Telecom signs deal to rebuild Syria’s telecom sector
Saudi Arabia’s GO Telecom has signed an agreement with the Syrian government to help modernize the country’s digital infrastructure, marking one of the first major private sector initiatives following the recent easing of Western sanctions.
Saudi Arabia opens June round of Sah savings sukuk with 4.76% return
Saudi Arabia has opened the June subscription window for its savings sukuk product “Sah,” offering a return rate of 4.76 percent, as part of its 2025 issuance calendar.
Global production of sustainable aviation fuel to reach 2m tonnes in 2025: IATA
Global sustainable aviation fuel production is expected to double to reach 2 million tonnes in 2025 compared to the previous year, according to the International Air Transport Association.
Madinah leads regional growth with 24% construction employment in Q1
Saudi Arabia’s Madinah region recorded strong first quarter growth in 2025, led by 24 percent workforce participation in construction and 20 percent in trade, signaling diversification momentum.
Closing Bell: Saudi main index closes in red at 10,825
Saudi Arabia’s Tadawul All Share Index dipped on Sunday, losing 165.14 points, or 1.50 percent, to close at 10,825.27.
Saudi Arabia’s Diriyah Co., Kakao Mobility sign deal to boost smart mobility
Diriyah Co., backed by Saudi Arabia’s Public Investment Fund, has signed a memorandum of understanding with South Korea-based Kakao Mobility to enhance smart mobility infrastructure across the historic city of Diriyah.
Oman’s banking sector credit rises 9% to $87.3bn
Total outstanding credit extended by Oman’s banking sector, comprising both conventional and Islamic institutions, rose by 9 percent year-on-year to 33.6 billion Omani rials ($87.3 billion) at the end of April, according to new data.
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