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Press Dossier   By Date  29/04/2024
Qatar launches national strategy to boost renewable energy mix
The use of solar power and other renewable energy sources is set to boost with the launch of a comprehensive strategy by the Qatar General Electricity and Water Corp.
Mawani announces first container shipment from Jubail Commercial Port to Riyadh Dry Port
Saudi sea and rail transport links are set to be enhanced with the commencement of the first container shipment from Jubail Commercial Port to Riyadh Dry Port.
Closing Bell: Saudi benchmark index edged down to close at 12,381
Saudi Arabia’s Tadawul All Share Index slipped on Sunday, losing 102.46 points, or 0.82 percent, to close at 12,381.95.
UAE: Will petrol prices rise for May due to Iran-Israel conflict?
The UAE will announce petrol prices for the month of May 2024 on Tuesday to align them with global rates.
Al-Sager: Our profits underscore our successful strategic investments
Isam Al-Sager, the Vice Chairman and Group CEO of National Bank of Kuwait (NBK), said, “NBK continued recording solid performance and building on past year’s momentum as we advance in executing our diverse strategy and leveraging our flexible business model throughout the challenging macroeconomic landscape.”
UAE-India trade on track to surpass $100b by 2023
The UAE and India are on track to surpass a target of $100 billion in bilateral non-oil trade by 2030 in the wake of the landmark free trade agreement signed in May 2022.
UAE economy set to expand at ‘fastest clip’ in GCC
Buoyed by strong performance in non-oil sectors, the UAE economy is on track to expand at the fastest clip in the region while Saudi Arabia will grow at a slower pace this year than previously predicted as oil prices drop from recent peaks.
Riyadh forum highlights Saudi Arabia’s vision for healthcare and tourism
Saudi Deputy Minister of Investment Transaction Saleh Al-Khabti said that the healthcare sector’s contribution to the Kingdom’s gross domestic product is projected to reach about $66.6 billion, with the creation of more than 245,000 jobs by 2030.
IsDB annual meeting sees signing of several deals
The 2024 annual meeting of the Islamic Development Bank Group saw the signing of several agreements, boosting the telecommunications sector in its member countries.
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