Saudi Arabia’s
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Posted On NewsS&P raises Saudi Arabia’s rating amid ongoing reforms
S&P Global Ratings has upgraded Saudi Arabia’s rating to “A+” from “A” with a stable outlook, citing socioeconomic and capital market reforms. Strong non-oil growth…
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Posted On NewsPIF launches Saudi Arabia’s first duty-free retailer
The Public Investment Fund (PIF) has launched Saudi Arabia’s first duty-free operator as the kingdom targets 150 million annual visitors by the end of the decade, according to…
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Posted On NewsAlMajal AlArabi considers listing on Saudi Arabia’s Tadawul
Saudi Arabia’s AlMajal AlArabi Group (MAG) is considering an initial public offering on the Tadawul main market and has appointed Riyad Capital as an adviser,…
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Posted On NewsRiyadh Air delays launch after Boeing setbacks
Riyadh Air has been forced to push back its launch date to the third quarter of 2025 after delays to deliveries from Boeing. The new Saudi airline…
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Posted On NewsSaudi Arabia’s PIF invests $200m in JP Morgan fund
Saudi Arabia’s Public Investment Fund has invested $200 million in a recently launched exchange-traded fund that tracks dollar-denominated bonds and sukuk issued by the kingdom’s government and…
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Posted On NewsSaudi Arabia’s FDI inflows fall 21%, putting 2024 target in doubt
Foreign direct investment into Saudi Arabia has fallen 21 percent year on year, according to the country’s statistics agency. In the third quarter of 2024,…
Liyana Parker
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