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Saudi Minister of Tourism oversaw agreement between Air Connectivity Program and Virgin Atlantic Airlines
800+ development projects have been funded by SFD since inception
The sales surge is linked to the company’s launch of multiple housing projects across the Kingdom
Tech and government investments are transforming the Kingdom's esports sector, creating 39,000 jobs by 2030
National Industrial Strategy seeks to raise the number of factories across the country 3.5 fold to 36,000 factories by 2035
In total, the ministry of investment issued 2,728 investment licenses during the first half of the year, up 49.6 percent annually
The Najran region is home to 90 factories with investments surpassing $1.28 billion
Capital Maritime and Trading Corporation agreed to deliver the carriers to Bahri in multiple batches before the end of Q1 of 2025
Plant's first 2 trains to have a capacity of 50,000 tons per annum of high-purity lithium hydroxide monohydrate
ACWA Power expects the project's financial impact to be reflected during the second half of 2024 onwards
Riyadh Air to launch commercial operations at the King Khalid International Airport by mid-2025
Saudi Arabia's total fixed capital formation grew 8 percent during Q1 of 2024
Nasser foresees resilient oil fundamentals despite price decline, sees demand growth of 1.6-2 million bpd
New region will help boost the Kingdom’s AI economy, which is expected to reach $135.2 billion by 2030
The agreements involve Chinese banks and focus on two-way capital flows through debt and equity
The projects include infrastructure development for the third industrial city in Jeddah and the second industrial city in Makkah
The contract has been awarded to a joint venture of two Saudi construction firms, Urbacon and Al Bawani
This highlights the strong economic and trade relationship between Saudi Arabia and China
Saudi Arabia saw record high net foreign investments, which rose 7.7 percent annually to $52.78 billion in 2023
Saudi Arabia's Ambassador to the U.K. highlighs the growth of debt markets and insurance companies across the Kingdom
Domestic institutional investors now hold around 0.89 percent of the company's shares
Market sees surge in liquidity with a traded value of SAR2.5 billion in 2023
Magna will prioritize cutting-edge technology, world-class architecture, and ultra-modern amenities in line with Vision 2030
Offering includes a GBP300 million tranche with a 5-year coupon and a GBP350 million tranche with a 15-year coupon
