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Press Dossier   By Date  03/11/2025
Saudi Arabia opens November ‘Sah’ sukuk offering with 4.71% return
Saudi Arabia has opened subscriptions for its November issuance of the government-backed “Sah” savings sukuk, providing investors with an annual interest rate of 4.71 percent, marginally lower than the 4.83 percent offered in October.
Saudi Arabia key to BYD’s global growth plans: Stella Li
They once said the automobile world was no place for a woman. But Chinese executive Stella Li proved them wrong — and went on to become one of the most influential women in the global automotive industry.
German dairy, honey, and coffee firms plan factories in Saudi Arabia
Six German companies specializing in dairy, honey, and coffee are exploring investment opportunities and commercial partnerships with Saudi investors and suppliers.
GCC real GDP hits $466.2bn in Q1, up 3.1% year on year
The real gross domestic product of countries in the Gulf Cooperation Council region reached $466.2 billion by the end of the first quarter of this year, marking a year-on-year increase of 3.1 percent, according to a report.
Closing Bell: Saudi main index slips to close at 11,536
Saudi Arabia’s Tadawul All Share Index fell on Sunday, losing 119.56 points, or 1.03 percent, to close at 11,536.29.
Kuwait launches digital skills drive with Microsoft to boost AI and cloud capabilities
Kuwait has launched a national training initiative to equip citizens with skills in artificial intelligence, cloud computing, and Microsoft Copilot tools, as part of efforts to build a digitally empowered workforce.
No border biometrics, traffic court abolished, work timings go digital
The interior ministry said on Sunday that citizens and expats will no longer be allowed to submit their biometric information at the airport or other land and sea exit points to avoid crowding. Citizens and expats who have failed to submit their biometrics now have to make the mandatory submission at a number of centers before leaving the country, the ministry said in a statement.
Kuwait Airways signs cooperation protocol with LuLu Hypermarket
As part of its ongoing efforts to strengthen commercial partnerships and expand cooperation across multiple sectors, Kuwait Airways has announced the signing of a joint cooperation protocol with LuLu Hypermarket Kuwait. The agreement aims to enhance trade exchange, which will positively impact the local economy, and open new opportunities in various fields that serve the interests of both parties, while positively impacting their customers.
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