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Press Dossier   By Date  14/01/2025
Saudi banking sector boosted by flurry of debt, sukuk issuances
Saudi Arabia’s banking sector is experiencing a surge in activity in debt and sukuk markets as leading financial institutions move to strengthen their capital bases and fund strategic growth initiatives.
Annual trade between Qatar and Jordan hits $248m
The trade exchange between Qatar and Jordan rose to 910 million Qatari riyals ($248.16 million) in 2024, a 5.81 percent increase from the previous year, driven by higher imports of Jordanian food and consumer goods.
Saudi Arabia’s Surj Sports Investment partners with Enfield Investment to boost global portfolio
Saudi Arabia’s Surj Sports Investment Co. signed a strategic partnership agreement on Monday with US-based Enfield Investment Partners to expand and enhance investments in the global sports sector.
Saudi entertainment authority unveils 29 investment opportunities
Saudi Arabia’s General Entertainment Authority has unveiled 29 investment opportunities targeting six key sectors of the industry.
PIF completes acquisition of 23% stake in Saudi Re to bolster local insurance sector
Saudi Arabia’s Public Investment Fund has acquired a 23.08 percent stake in Saudi Reinsurance Co. through a capital increase and subscription to new shares.
Saudi Arabia unveils 15 new incentives to boost exports, logistics
Saudi Arabia has rolled out 15 new incentives under the Authorized Economic Operator program, to boost export competitiveness, enhance supply chain security, and advance the Kingdom’s ambitions as a global logistics hub.
Closing Bell: Saudi main index sheds points to settle at 12,109.94
Saudi Arabia’s Tadawul All Share Index lost on Monday, dropping 17.03 points, or 0.14 percent, to close at 12,109.94.
Saudi Arabia, Oman to strengthen financial ties with new agreement
Saudi Arabia and Oman are set to strengthen financial ties with a new agreement aimed at enhancing cooperation and facilitating the exchange of information and expertise.
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