Latest News for: Saudi arabia market

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Saudi Exchange’s Tadawul almost flat as omicron fears persist

Arab News 30 Nov 2021
Saudi Arabia's stock market closed almost flat on Tuesday as concerns about the new omicron COVID-19 strain persisted.
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India's CashFree invests $15m in UAE payment platform Teller

Arab News 30 Nov 2021
... has invested $15 million in Dubai-based Teller, which provides electronic payment services in the UAE and Saudi Arabia.
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Foreign investments to Saudi Arabia’s IT market hit $2.13bn

Arab News 30 Nov 2021
More than SR8 billion ($2.13 billion) of foreign investment has poured into Saudi Arabia’s IT market, Assistant Minister Munir El-Desouki has revealed ... He added that the ministry actively contributes with their partners in the government and private sectors to the development of the financial technology market ....
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Stocks gain 1,216 points on Saudi economic deal

Dawn 30 Nov 2021
Bulls took control of the stock market on Monday as investors celebrated Saudi Arabia’s $3 billion support package for Islamabad along with the promise of $1.2bn worth of oil supplies on deferred payments ... Market participation dec­re­ased 7.5pc to 268.2 million shares while the value of traded shares went up 6.1pc to $61.9m.
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Kanoo Machinery showcases innovative machines

Gulf Daily News 30 Nov 2021
  ...   ...   ...   ...   ...  . Peter Madoc-Jones, the Territory Manager of Hyster, said ...   ... The UAE’s leading equipment rental solutions provider in material handling, construction, access, and cleaning equipment, etc., KanRent has pioneered the market in the UAE, Saudi Arabia, and Bahrain with its unmatched industry expertise ... .
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16 more fintech firms enter Saudi market in Q3 of 2021

Arab News 29 Nov 2021
Saudi Arabia witnessed a 37 percent rise in the number of fintech firms entering the market and also recorded an increase in venture capital investments that exceeded SR680 million ($181 million).
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Kaspersky, Saudi Technology Control to combat cyberattack

Arab News 29 Nov 2021
Taking this into account, Kaspersky is delighted to expand and strengthen Technology Control Company’s portfolio and offer customers in Saudi Arabia the most effective prevention, detection and response capabilities to the market,” he said ... response capabilities to the market.
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Saudi Aramco Awards Contracts Worth $10 Billion for Gas Project in Jafurah Field

Urdu Point 29 Nov 2021
Saudi Arabia's state oil and gas company Saudi Aramco has awarded contracts worth $10 billion to develop the Jafurah gas field, the largest unconventional non-associated gas field in the country, the company said on Monday ... Saudi Aramco is a national petroleum and natural gas company of Saudi Arabia.
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Profits of Gulf companies in the capital markets rise 123.4% in the third quarter

The Eastern Herald 29 Nov 2021
The profits of companies listed on the stock exchanges of Saudi Arabia, Dubai and Bahrain more than doubled during the quarter, while Omani companies recorded a marginal growth of only 1.2 percent ... Saudi Arabia . ... in Saudi Arabia and the UAE rising at a steady pace.”.
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Stocks gain over 1,200 points over multiple triggers including Saudi package, oil dip

Dawn 29 Nov 2021
Pakistan Stock Exchange's (PSX) benchmark KSE-100 index gained more than 1,200 points in intraday trading to cross the 45,000-point mark on Monday, buoyed by the cabinet's approval to revive Saudi Arabia's $3 billion support package for Pakistan in safe deposits and $1.2bn worth of oil supplies on deferred payments.
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Stocks gain around 1,300 points over multiple triggers including Saudi package, oil dip

Dawn 29 Nov 2021
Pakistan Stock Exchange's (PSX) benchmark KSE-100 index gained more than 1,200 points in intraday trading to cross the 45,000-point mark on Monday, buoyed by the cabinet's approval to revive Saudi Arabia's $3 billion support package for Pakistan in safe deposits and $1.2bn worth of oil supplies on deferred payments.
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KSA’s Industrial development body, PepsiCO to develop food sector workforce

Arab News 29 Nov 2021
Saudi Arabia’s National Center for Industrial Development (NCID) signed an agreement with the food and beverage company, PepsiCo, to develop the Kingdom’s food sector workforce, according to a statement.
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Egypt hosted a VIP importers Delegation to boost the Engineering sector’s exports

Egypt Today 29 Nov 2021
... the first 9 months of 2021 compared to the same period last year, reaching $2.294 billion, compared to $1.612 billion during the same period in 2020, pointing out that the top importing markets for Egyptian engineering products Including UAE, Slovakia, Saudi Arabia and France.
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Spotify celebrates 1 year of women-focused program SAWTIK

Arab News 29 Nov 2021
SAWTIK playlists were heard by listeners in more than 70 markets, with the US, Morocco, Egypt, Saudi Arabia and Algeria ranking among the top markets for streaming playlists from the program ... Rania Hamadeh, vice president of marketing and promotions for Universal Music Group MENA, said.
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Explainer: U.S. gasoline prices could fall below $3 if oil market sustains losses

Reuters 29 Nov 2021
The global market's reaction to the newly discovered Omicron variant is likely to affect U.S ... In March 2020, the gap widened to $1.64 a gallon as wholesale prices crashed as the coronavirus pandemic worsened while Saudi Arabia and Russia were flooding the market with barrels.

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