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Press Dossier   By Date  11/12/2025
Saudi industrial output jumps 8.9% in October on oil and manufacturing gains
Saudi Arabia: Saudi Arabia’s industrial production jumped 8.9 percent in October from a year earlier, driven by higher oil output and broad gains across mining and manufacturing, official data showed.
Saudi Arabia set to attract $500bn in private investment, Al-Falih tells conference
Saudi Arabia: Sustainability, technology, and financial models were among the core topics discussed by financial leaders during the first day of the Momentum 2025 Development Finance Conference in Riyadh.
New SPARK launch ushers Eastern Province from black gold to EV charging and AI mobility
Saudi Arabia: The lavender carpet was rolled out and the symbolic shovels were placed in decorative sandboxes as Smart Mobility broke ground, bringing Saudi-made EV charging to life at its first manufacturing facility at King Salman Energy Park in Dammam.
Saudi Tourism Development Fund seals $1.07bn partnerships at Momentum 2025
Saudi Arabia: Saudi Arabia’s Tourism Development Fund, the national enabler of the tourism sector, has announced six agreements and a memorandum of understanding with public and private sector entities, strengthening partnerships with a total impact exceeding SR4 billion ($1.07bn).
Saudi EXIM reports record credit facilities of $10bn in 2025
Saudi Arabia: The total credit facilities provided by the Saudi Export-Import Bank surpassed SR40 billion ($10.6 billion) in 2025, according to the institution’s chairman.
SAMA reports 5% growth in foreign reserves to hit $463bn
Saudi Arabia: Saudi Arabia’s foreign reserve assets saw a monthly rise of 5 percent in November, climbing to SR1.74 trillion ($463.6 billion) according to the Kingdom’s central bank.
Saudi firms sign agreements to develop Syrian oil and gas fields
Saudi Arabia: Under the supervision of the Ministry of Energy, four Saudi companies signed agreements on Dec. 10 with the Syrian Petroleum Co. covering technical support, development, and production in Syria's oil and gas fields.
UAE, Russia explore ways to boost cooperation in new economy sectors
United Arab Emirates: Economic ties between the UAE and Russia are set to strengthen after senior ministers met in Dubai to advance cooperation across investment, energy and other new economy sectors.
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