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The agreements focused on building investment partnerships in several fields, including construction and infrastructure Both countries are keen to expand cooperation in logistics, shipping, fisheries, advanced manufacturing, tourism, digitalization, healthcare, education and creative industries Business Council will raise awareness of opportunities, strengthen relationships and help Kiwi firms do well in Saudi Arabia The arrival of luxury branded experiences marks a significant milestone in the Kingdom’s retail evolution As Saudi consumers demand health, convenience and affordability, the kingdom’s food economy is becoming a proving ground for new value creation Saudi Arabia's PMI rose from 56.9 in October to 59 in November, marking the fourth consecutive month of expansion Even with the projected increase in debt, the Kingdom's government debt will likely remain lower than Aa2-A1 peers IMF expects 3.5 percent non-oil growth for the full year of 2024, similar to the official estimate of 3.4 percent Saudi Arabia’s entrepreneurial drive is at an eight-year high Among the high-income economies, Saudi Arabia reported the highest total entrepreneurial activity rate for women at 23 percent Non-oil sector's contribution is projected to exceed 52 percent of the overall GDP and grow beyond 4 percent in 2024 Oil activities expanded by 0.3 percent year-on-year, while non-oil activities experienced a notable growth of 4.2 percent The agreement focuses on sectors with considerable growth potential, including industry, services, and the digital economy The partnership outlines initiatives to transfer advanced technology and modernize industrial processes This represents a $505.86 million increase over the previous year The funds will create jobs, boost the economy, and enhance Serbia’s global standing Saqr Fund II aims for a total size of $90 million and will focus on early-stage startups, ranging from pre-seed to pre-Series B Saudi Arabia's inflation rate recorded a slight increase of 0.1 percent compared to August 2024 This transaction marks AviLease's first partnership with BBAM, adding its first Boeing 787-9 on operating lease This aid reflects the Kingdom's commitment to ongoing humanitarian efforts for individuals and nations in need This volume was handled by over 70 licensed logistics companies, ensuring secure and confidential delivery The report highlights the sector's contribution to economic diversification, investment attraction, revenue generation, and job creation The IPO consisted of 15.39 million ordinary shares, accounting for 30 percent of the company’s total issued share capital This shipment is crucial for maintaining strategic wheat reserves and meeting the needs of milling companies
