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Saudi companies brace for increased energy bills as Aramco raises prices

Saudi companies brace for increased energy bills as Aramco raises prices

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PIF raises stake in MEPCO to 23.08% through capital increase

PIF raises stake in MEPCO to 23.08% through capital increase

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UAE’s non-oil sector records strong growth with a PMI of 57.4 in December

UAE’s non-oil sector records strong growth with a PMI of 57.4 in December

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Oil Updates – crude extends gains on Middle East supply worries

Oil Updates – crude extends gains on Middle East supply worries

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Japan’s Saudi Arabia crude oil imports increased in November 2023

Japan’s Saudi Arabia crude oil imports increased in November 2023

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OPEC+ vows to continue cooperation for benefit of global economy

OPEC+ vows to continue cooperation for benefit of global economy

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Saudi Arabia plans new initiative to boost industrial activities

Saudi Arabia plans new initiative to boost industrial activities

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Saudi Aramco CEO retains No. 1 spot in Forbes Middle East’s Top 100 ranking

Saudi Aramco CEO retains No. 1 spot in Forbes Middle East’s Top 100 ranking

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ACWA Power expands Sudair Solar PV with 25% capacity boost in 3rd phase 

ACWA Power expands Sudair Solar PV with 25% capacity boost in 3rd phase 

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Closing Bell: Saudi Arabia’s main index slips 194.19 points to close at 11,928  

Closing Bell: Saudi Arabia’s main index slips 194.19 points to close at 11,928  

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Jeddah’s KAIA passenger levels surge 36% in 2023 to hit record high

Jeddah’s KAIA passenger levels surge 36% in 2023 to hit record high

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Turkiye’s inflation rate nears 65%

Turkiye’s inflation rate nears 65%

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Registration of e-commerce firms in KSA surges 24% 

Registration of e-commerce firms in KSA surges 24% 

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SRC, Al-Rajhi Bank sign $1.54bn deal to boost residential real estate

SRC, Al-Rajhi Bank sign $1.54bn deal to boost residential real estate

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AD Ports subsidiary acquires APM Terminals Castellón for $11m in Spain

AD Ports subsidiary acquires APM Terminals Castellón for $11m in Spain

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Deposits from government-related entities help Saudi banks reduce liquidity pressure: Fitch 

Deposits from government-related entities help Saudi banks reduce liquidity pressure: Fitch 

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Saudi National Industrialization Co. reduces loans by over 66%, CEO reveals 

Saudi National Industrialization Co. reduces loans by over 66%, CEO reveals 

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Saudi statistics authority collaborates with industry body to enhance economic data

Saudi statistics authority collaborates with industry body to enhance economic data

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Saudi Arabia’s non-oil sector records rapid growth with PMI at 57.5 in December 

Saudi Arabia’s non-oil sector records rapid growth with PMI at 57.5 in December 

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Saudi Arabia launches 4 projects to generate 7,200 MW of electrical power, with carbon-capture tech

Saudi Arabia launches 4 projects to generate 7,200 MW of electrical power, with carbon-capture tech

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