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Press Dossier   By Date  30/10/2024
KSA signs defense deal with Spain for new corvette ships
The Saudi Ministry of Defense signed an executive agreement with the Spanish Ministry of Defense in Madrid on Tuesday to support the construction of three multi-mission Avante 2200 corvette ships.
Saudi Arabia will maintain crude capacity as it develops renewables, energy minister tells FII8
Saudi Arabia is committed to keeping its crude oil capacity at 12.3 million barrels per day, despite a shift to renewable power, according to the Kingdom’s energy minister.
Saudi Arabia exceeds HQ target with 540 international firms in Riyadh, says Al-Falih
Saudi Arabia attracted 540 international companies to establish their regional headquarters in Riyadh, ahead of a 2030 target of 500, according to Khalid Al-Falih, the Kingdom’s minister of investment.
UAE: Etihad cancels some flights to and from Kuwait for 4-day period
UAE's local airline Etihad Airways cancelled some flights to Kuwait for a four-day period, the airline announced.
Burgan Bank reports KD 165m in revenue and KD 33m in net profit
Burgan Bank Group (“Burgan” or “the Bank”) announced its financial results for the nine-month period ended September 30, 2024 (9M 2024).
NBK Wealth, JP Morgan Asset Management establish strategic investment partnership
NBK Wealth (NBKW), a leading provider of all-inclusive wealth management services, announced today its strategic partnership with J.P. Morgan Asset Management (JPMAM), one of the world’s leading asset managers.
NBK signs four strategic agreements valued at $1.6 billion at FII 8th edition
National Bank of Kuwait (NBK) is proud to announce the signing of several landmark agreements on the sidelines of the prestigious 8th Edition of the Future Investment Initiative (FII), with a total value of SAR 6.2 billion (approximately $1.6 billion).
Kuwaiti-Korean talks ongoing to develop South Saad Al-Abdullah
Kuwait signed a Memorandum of Understanding with a Korean company to develop and operate the South Saad Al-Abdullah New City as a world-class smart city.
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