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The initiative seeks to enhance the presence and collaborative efforts of the IMF with Arab institutions
In December 2023, Cenomi Retail acquired 100 percent of the share capital of Innovative Outfit Trading Company
Modern Gas generated revenues of $55.2 million in 2023
OPEC+ extends output cuts amid market dynamics and global demand predictions
The revenue contribution from non-telecom operations will not have immediate impact on ratings, as per the report
Exploitation licenses in the Kingdoms mining sector soared by 138 percent
Surging prices fueled by refinery activity, China demand, and Middle East disruptions
The operating income grew by 9.5 percent
Kingdom positions itself as a premier travel destination with ambitious growth plans
The non-oil sector investment is key to sustaining 3.3 percent annual GDP growth over 2024-2027, the report says
Non-oil economic growth in Bahrain is projected to remain stable at 3.2 percent
Private investment and robust exports drive record-breaking expansion
A total of 152 new industrial licenses were issued in January
Subcategory prices for housing, water, electricity, gas, and fuels rose 8.5 percent YoY
The ministry of commerce reported an increase in commercial registrations across various sectors
Strategic acquisitions and diversification drive growth trajectory
More than 600,000 trees and shrubs will be planted, covering 65 percent of the park area
Despite decline in oil production, diverse industries foster growth in the kingdom
The new resolution will apply to private sector establishments that employ three or more workers in dental professions
China Eastern Airlines will operate the route using an A330-200 aircraft, providing an annual capacity of 35,880 inbound seats
Manufacturing activities in the Kingdom rose by 1.1 percent in January 2024
Total dividends paid rises 30 percent year-on-year
Saudi Arabia's first EV brand advances Vision 2030 with state-of-the-art facility