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Press Dossier   By Date  08/05/2024
Saudi bank loans up by 11% in March to hit $712bn
Saudi banks’ loans totaled SR2.67 trillion ($711.5 billion) in March, marking an 11 percent increase as compared to the same month in 2023, according to the latest official data.
Dubai Financial Services Authority sees 40% surge in new license registrations, CEO reveals
New license registrations through the Dubai Financial Services Authority increased by 40 percent in the first months of this year compared to the same period in 2023.
Closing Bell: TASI edges down to close at 12,357 points
Saudi Arabia’s Tadawul All Share Index dipped on Tuesday, losing 14.51 points, or 0.12 percent, to close at 12,357.99.
Kuwait oil price down 9 cents to $85.12 pb
The price of Kuwaiti oil went down by ninecents to USD 85.12 per barrel on Monday as opposed to USD 85.21 pb last Friday,said the Kuwait Petroleum Corporation (KPC), Tuesday.
UAE aims to grow economy at 7% in 2024, minister says at Economy Middle East Summit 2024
The global challenges have tested the UAE’s resilience, but the aim is to grow the economy at 7 per cent in 2024, said Abdulla Bin Touq Al Marri, Minister of Economy.
UAE: How can non-Muslim expats draw up a will in Dubai?
Question: I am a non-Muslim expat living in Dubai. I have some assets in the country and wish to draw up a will. How do I go about this? What do I do after to make sure it holds in my home country too?
Saudi ministries sign deal to achieve goals in fields of culture, human resources
Saudi Arabia’s Minister of Culture Prince Badr bin Abdullah bin Farhan, and the Minister of Human Resources and Social Development Ahmed Al-Rajhi signed a cooperation agreement on Monday aimed at achieving their respective goals.
Riyadh Air, STA ink deal to launch new routes and destinations
Saudi Arabia’s second flag carrier Riyadh Air will soon announce more routes and destinations thanks to a new agreement with the Kingdom’s official tourism body.
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