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approximately SAR1.6 billion in financing to 104 industrial enterprises, including around SAR 1.1 billion to [...] Saudi Arabia has pumped SAR 14.1 billion ($3.76 billion) in financing to boost its local economy in the

under the ‘Scope 3’ definition, which unlike ‘Scope 1 and 2’ are not directly related to its operations [...] In the framework, Bapco Energies lists its ‘Scope 1 and 2’ net emissions intensity reduction targets, [...] company has also pledged to reducing absolute ‘Scope 1 and 2’ emissions by 30pc from 2017 levels by 2035

growth in the US is projected to be 1.6% in 2023, before slowing to 1.0% in 2024 in response to tight monetary [...] to a pick-up in GDP growth from 0.9% in 2023 to 1.5% in 2024. China is expected to see strong increases [...] in GDP growth in 2023 (with 5.4%) and 2024 (with 5.1%), due to the lifting of the government’s zero-Covid

Ijarah and Musharaka financing were $1,572m, compared with $1,451m at 2022 year-end. Shareholders’ [...] for the second quarter were $2m, compared with $2.1m for the same period of last year. Allowances [...] capital adequacy ratio of 38.2pc, predominantly Tier 1, which totalled 37.2pc. Source: https://www

costs, which have risen by 39.1%, flights have risen by 32.9% and cars 25.1%. In the EMEA region, the [...] seen in wine, at 37.1%, whisky at 29.6% and a degustation dinner, which rose by 23.1%. European economies

presented the EDB’s key achievements, noting a $1.1 billion direct investment attracted in 2022. As of [...] this year, the EDB attracted direct investments of $1.1bn, in line with the Economic Recovery Plan’s goals

pace of 2023 GDP growth in the region dropped to 1.9 per cent in Q2, down from 2.8pc in the previous [...] June meeting, Saudi Arabia voluntarily agreed to a 1mb/d production cut for the month of July, which may [...] energy output growth this year, weakening it by 2.1pc. While the UAE is expected to experience a rise

the lowest in Bahrain and Oman (0.7 per cent and 1.2pc, respectively). However, the report notes [...] growth would continue to slow to an average of only 1pc a year during 2025-30. According to the Q2 [...] oil sector did not perform as strongly, shrinking 1.4pc year-on-year, despite a 7.8pc year-on-year increase

Kingdom also reported a drop in Deficit to GDP to -1.1%, a drop in Debt to GDP to 100%, and a primary surplus [...] EconomyMinister.aspx?cms=q8FmFJgiscL2fwIzON1%2bDl6BWUuF1MN19IilKC07Ras%3d

said real estate and business activities grew at 1.1pc at constant prices in Q4 of 2022 compared with [...] number of real estate transactions to 6,336 during Q1-2023 when compared with 5,533 in the same period last [...] foreign real estate transactions was BD17.057m in Q1 this year, compared with BD12.857m in the same period