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Press Dossier   By Date  17/06/2025
Saudi Arabia adds 2 new shipping services, expanding reach to 19 destinations
Connectivity across Saudi Arabia’s ports is set to improve with the addition of two new shipping services, expanding the Kingdom’s maritime trade reach to 19 global destinations.
GCC growth forecast raised to 4.4% amid oil rebound, diversification push: ICAEW
Gulf Cooperation Council economies are expected to grow 4.4 percent in 2025, up from an earlier forecast of 4 percent, as rising oil output and resilient non-oil sector activity offset global trade headwinds.
Riyadh Air orders up to 50 Airbus A350 jets to expand long-haul fleet
Saudi Arabia’s Riyadh Air has signed a deal to acquire up to 50 Airbus A350-1000 aircraft as it gears up to launch operations later this year.
PIF earns perfect score on Global SWF Index
Saudi Arabia’s Public Investment Fund earned a perfect score in the 2025 Global SWF Index, ranking it among just nine sovereign wealth funds worldwide for top governance, sustainability, and resilience.
Closing Bell: TASI gains 135 points after positive market breadth
Saudi Arabia’s Tadawul All Share Index closed higher on Monday, advancing 135.45 points, or 1.26 percent, to end at 10,867.04.
PIF’s AviLease to acquire up to 77 Airbus jets in expansion drive
Saudi Arabia’s Public Investment Fund-owned AviLease has signed a deal to purchase up to 77 Airbus aircraft, further expanding its next-generation, fuel-efficient fleet to meet rising global demand across passenger and cargo operations.
Saudi Arabia advances net-zero goal with landmark carbon credit deal
More than 30 million tonnes of high-integrity carbon credits are set to be delivered by 2030 under an agreement aimed at supporting Saudi Arabia’s net-zero ambitions.
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