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Press Dossier   By Date  19/06/2025
Saudi Arabia ranks 17th globally in competitiveness index as it outshines economic heavyweights
Saudi Arabia has maintained its spot in the top 20 of the World Competitiveness Ranking, ahead of global heavyweights like the UK, Germany and France.
Saudi Arabia, France discuss $2.6bn aviation sector investment potential amid flurry of deals
Investment opportunities worth more than SR10 billion ($2.6 billion) were set out at a high-level Saudi-French meeting amid a flurry of deals aimed at strengthening the aviation sector.
Saudi POS spending stabilizes at $2.96bn despite post-Eid Al-Adha sectoral declines: SAMA
Saudi consumer spending via point-of-sale terminals remained resilient at SR11.11 billion ($2.96 billion) in the week ending June 14, even as transactions declined across all major sectors, official data showed.
Closing Bell: Saudi main index slips 1.15% to close at 10,591
Saudi Arabia’s Tadawul All Share Index declined on Wednesday by 122.69 points, or 1.15 percent, to end at 10,591.13.
Saudi-based TIME Entertainment makes Nomu market debut
TIME Entertainment Co., a Saudi-based full-service live events and experiences management company, has officially begun trading on the Nomu parallel market, marking a significant step in its growth trajectory.
Riyadh Air to launch new destination every 2 months as 787 deliveries near
Saudi Arabia’s Riyadh Air is gearing up to introduce a new international destination every two months once it begins operations, as the carrier prepares to receive its first Boeing 787 aircraft.
UAE receives ‘AA/A-1+’ rating thanks to robust growth: S&P Global
S&P Global has assigned the UAE its “AA/A-1+” foreign and local currency sovereign credit ratings with a stable outlook as it expects strong fiscal and external positions to be maintained over the next two years.
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