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Saudi EXIM Bank inks deal with Swiss counterpart to elevate trade exchange
Saudi EXIM Bank and its Swiss counterpart have signed an agreement to boost the Kingdom’s non-oil exports, enhancing their global market competitiveness.
In an X post following the deal, the Saudi lender stated that the reinsurance…
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Magrabi opens new complex in Makkah
With a new branch in Makkah, Magrabi Hospitals and Centers are expanding to more Saudi cities to meet the growing demand for specialized ophthalmological and dentistry care.
Minister of Health Fahad Al-Jalajel inaugurated the medical…
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ACWA Power, IRENA join hands to accelerate global renewable energy transition
In a bid to add impetus to the adoption of clean energy sources worldwide, Saudi utility firm ACWA Power has signed a deal with the International Renewable Energy Agency, said a press release issued on Thursday.
The Saudi-listed firm…
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Spanish investments in Saudi Arabia exceed $3bn, boosting bilateral relations and vital sectors
Spanish investments in Saudi Arabia have surpassed $3 billion in the last 10 years, with bilateral relations contributing to the development of vital sectors, according to a top official.
The Kingdom’s Minister of Municipal, Rural…
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Saudi Arabia issues over 37k certificates of origin in March
Saudi exporters were issued 37,188 certificates of origin in March by the Ministry of Industry and Mineral Resources, marking an annual increase of 0.5 percent.
The document confirms that the products are of national origin or have…
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Egypt’s foreign debt increases by $3.5bn, official figures show
Egypt’s foreign debt increased by $3.5 billion in the fourth quarter of 2023, reaching a total of $168 billion, as reported by the nation’s planning ministry.
This marks a climb from the $164.5 billion recorded at the end of September,…
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UAE records 64% surge in trademark registrations
The UAE recorded an annual 64 percent surge in trademark registrations, amounting to 4,610 in the first quarter of 2024, official data showed.
The figures, released by the nation’s Ministry of Economy, reveal the notable increase from…
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March data reveals slight dip in Dubai’s inflation
Dubai’s inflation witnessed a slight decrease in March, dropping to 3.34 percent compared to 3.36 percent in February, according to official data.
The decline in inflation is attributed to lower prices of specific goods and services,…
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Madinah airport claims top spot in regional ranking
Saudi Arabia’s Prince Mohammad bin Abdulaziz International Airport in Madinah has been awarded the title of the best regional airbase in the Middle East for 2024.
It was announced during the Skytrax World Airport Awards, held at the…
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Renewable energy continues to gain momentum in Saudi Arabia, says report
Saudi Arabia could achieve its 2030 renewable target of 130 gigawatts by strengthening existing green policies and ensuring their effective implementation, a new study showed.
According to a report by the data consulting company…
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